After many years of hard work and diligent saving for retirement, many struggle with the fear that they will outlive their nest egg. Or, perhaps worse, that the financial systems will collapse. So what does one do? Plan! It is my belief that the Three Bucket Retirement Strategy will both guard against adverse market conditions and grow your nest egg so that your money will outlast you. Laying the Groundwork Before the Three Bucket Retirement Strategy can be implemented, you will need … [Read more...] about Using the Three Bucket Retirement Strategy
pension
Solving Prescott Pension Deficit Poses Complex Problem
Calling it the “elephant in the room,” Prescott Mayor Harry Oberg said solving the City’s $81 million shortfall with the Public Safety Personnel Retirement System (PSPRS) is the foremost issue facing city government. “It’s bigger than anyone had imagined it to be,” he said. Currently, the Prescott City Council is analyzing various options to address sustainability of the PSPRS and payment of the multi-million-dollar-deficit obligation. Oberg says local voters will be asked to consider … [Read more...] about Solving Prescott Pension Deficit Poses Complex Problem