Making a plan for what happens to your assets when you're gone may seem uncomfortable, but it can spare your loved ones a huge amount of money and conflict. On this week's episode of Decoding Retirement, Robert "Bob" Powell speaks with Colleen Carcone, director of wealth planning strategies at TIAA, about the essential steps you must take before creating an estate plan. Colleen discusses important documents, beneficiary designations, and the pros and cons of probate. Yahoo Finance's Decoding Retirement is h ...

Ten years ago, the WSJ’s retirement columnist, Glenn Ruffenach, retired. He had it all worked out. Then life threw him a curveball. https://t.co/xmKJ5o9Ern ...

Policy Change - New Zealand's Prime Minister will increase worker pension contributions to align with Australia [1]

cobie just made 400M in 24hannualized, that is $146,000,000,000 or 146B dollars a yearsad thing is that unless you're living in bangladesh, this is barely enough to retire :/ ...

Private Equity Market Trends - Private equity firms face concerns about selling previous investments at good prices due to liquidity issues [1][2] - Public markets are trading at all-time highs, but private markets are not seeing the same success, partly due to timing and high purchase prices [2] - Prices of companies typically bought by private equity firms have deflated significantly, with trading multiples decreasing from 17-20x to 7-8x [3][4] - Lower asset prices create opportunities for fund managers to buy at attractive prices, but also make it harder to get liquidity [6] Alternative Investments in Retirement - Deploying capital is easier than realizing capital gains in the current market [7] - The US 401k market, a primary savings tool for Americans, has been largely locked out of private market investments [8] - Inclusion of private markets in 401ks requires regulatory changes [8][9] - Diversification through private markets is essential for a better retirement portfolio, especially given the concentration in public markets [10] Portfolio Construction and Risk Management - Pensions have driven returns through private markets [13] - A portfolio construction strategy involving heavier weighting in private markets for younger savers, gradually shifting to more liquid assets over time, is suggested [14][15] - Illiquidity of alternative investments is a concern, especially during market downturns, but can be managed through appropriate portfolio construction [11][12][14]

Regulatory Environment - Executive Order signed, potentially bringing crypto to 401k plans [1] Cryptocurrency & Retirement - Retirement is now "onchain," suggesting integration of blockchain technology [1] - Crypto integration viewed as a "huge move" and a "big win" for retirement savings [1]