The Big Picture

FEBRUARY 21, 2023

If you think about what Vanguard is all about, we sit there each and every day, figuring out how do we help people retire better, put their kids through college, afford that dream home? We were losing market share in the critical retirement, the 401(k) business. You know, I mentioned that tough decision on the retirement business.

Clients 279

Clients Investing Investments Retirement 279

Random Roger's Retirement Planning

JULY 22, 2022

In 2001 I got laid off from Schwab, sold our house in Scottsdale while I went to work at Fisher Investments for most of 2002, keeping our cabin in Walker which we moved into full time late that year and have been living in Walker ever since. In a way we've been retired since 2002. The dollars involved were very small.

Investing 75

Investing Investments Taxes Retirement 75

The Better Letter

MARCH 27, 2025

” According to long-time umpire Joe West (now retired), “[t]hree ways you can miss a call: lack of concentration, lack of positioning, lack of timing.” percent, and he retired following 30 years as an MLB umpire after the season. ” Robots don’t share those problems. He was promoted to the majors in 2023.

Accounting 60

Accounting Food Retirement Electronics 60

Carson Wealth

JUNE 10, 2024

An aging population, with more people retiring and leaving the labor force every day, can also make the numbers noisier. That’s only slightly below the high from last summer, and above anything we saw between 2001 and 2019 (when it peaked at 80.4%). in April, and it rose to a new record of 75.7%

Marketing 143

Marketing Marketing Economy Numbers 143

Random Roger's Retirement Planning

JULY 16, 2023

I first got interested in this idea in 2001 when I bought the book Multiple Streams Of Income by Robert Allen. We've explored this countless times in the context of trying to add at least one other income stream in retirement beyond Social Security and portfolio withdrawals. The idea list on this one is endless. Teaching/coaching.

Certification 75

Certification Retirement Numbers Planning 75

Carson Wealth

JULY 8, 2024

That’s only slightly below the high from last summer, and above anything we saw between 2001 and 2019 (when it peaked at 80.4%). The prime-age employment population ratio was unchanged at 80.8% This by itself should tell you the labor market is strong, with more people participating in it.

Marketing 97

Marketing Marketing Economy Numbers 97

Random Roger's Retirement Planning

SEPTEMBER 4, 2024

Two articles with entirely different viewpoints on when and how to retire. The first one from the WSJ is about people taking intermediate length, six to 12 months I'd guess, sabbaticals every so often without prioritizing the potential consequences for retirement planning.

Retirement 45

Retirement Retirement Planning Financial Advisor Planning 45

Carson Wealth

MARCH 11, 2024

Retirement funds had been demolished and there was very little hope. Definitional issues around labor force participation (how the unemployment rate is calculated) and demographics (an aging society, with more people retiring every day) is why I prefer the prime-age (25-54 years) employment-population ratio. That went up from 80.6%

Marketing 97

Marketing Marketing Economy Retirement 97

Trade Brains

APRIL 17, 2023

One of the first reforms he put in place was setting a retirement age. According to this policy, the retirement age for directors was set at 70 and senior executives at 65. Mody was sacked after a messy scrap, Seth and Kerkar retired over the years as they crossed the age limits and Palkhivala quit citing ill health.

Retirement 98

Retirement Engineering Manufacturing Ethics 98

Carson Wealth

SEPTEMBER 5, 2023

As baby boomers retire, they leave the labor force.) Encouragingly, the prime-age employment-population ratio was unchanged at 80.9%, which is the highest level it has been since 2001. We also review that metric for “prime-age” workers, i.e., those between the ages of 25 and 54, since that removes the impact of an aging population. (As

Marketing 89

Marketing Marketing Economy Compliance 89

Carson Wealth

OCTOBER 7, 2024

That’s higher than anything we saw between 2001 and 2019 (when it peaked at 80.4%). The prime-age employment population ratio was unchanged at 80.9% in September. The fact that the unemployment rate and the prime-age employment population ratio are pointing in the same direction is positive.

Marketing 96

Marketing Marketing Economy Economics 96

Getting Your Financial Ducks In A Row

MAY 22, 2023

Qualified Reservist – If you were called to duty after September 11, 2001 and served for at least 6 months, you are allowed to make a withdrawal from your IRA during your active duty period without penalty. And lastly, here are a few additional ways that you can withdraw your IRA funds without penalty: 14.

Distribution 77

Distribution Medical Accounting Taxes 77

Carson Wealth

MAY 6, 2024

As mentioned previously, the prime-age (25-54 years) employment-population ratio gets around definitional issues that crop up with the unemployment rate (a person is counted as being unemployed only if they’re “actively looking for a job”) or demographics (an aging population with more people retiring and leaving the labor force every day).

Marketing 97

Marketing Marketing Economy Numbers 97

Mr. Money Mustache

MAY 20, 2022

Even Mr. Money Mustache, as a person who retired 17 years ago, is still in this boat for the simple reason that my retirement income from dividends and hobby businesses is still greater than my annual living expenses (which still hover around $20,000 per year). (It’s Everything else is just silly noise.

Marketing 53

Marketing Marketing Retirement Investing 53

Brown Advisory

JANUARY 20, 2023

In 2014, an 87-year-old, retired specialty-glass importer faced more than $2 million in penalties for failing to disclose a $7 million Swiss account which dated back to the 1960s. military banking facilities; certain bank-to-bank settlements; accounts owned by certain retirement plans. In 2022, a professor with dual U.S.

Accounting 52

Accounting Compliance Taxes Banking 52

Nationwide Financial

NOVEMBER 10, 2022

Department of Veterans Affairs aimed at making education, healthcare, life insurance, mortgages, and retirement more accessible for those who have served. VA benefits can include things like money for education, healthcare, life insurance, mortgages, and retirement income. Department of Veterans Affairs (VA).

Financial Planning 52

Financial Planning Planning Education Clients 52

Carson Wealth

SEPTEMBER 9, 2024

We like to look at the “prime-age” (25-54 years) employment-population ratio, since it gets around definitional issues that crop up with the unemployment rate (someone is counted as being “unemployed” only if they’re “actively looking for a job”) or demographics (an aging population with more people retiring and leaving the labor force every day).

Marketing 70

Marketing Marketing Economy Economics 70

The Big Picture

JULY 26, 2022

When you launched in 2001, you started with $50 million, $55 million, something like that? It might be a management team that wants to retire, or exit. It’s always the transaction that the seller wants to do is they want to retire. And so I made every mistake you can imagine. RITHOLTZ: And it still worked out.

Consulting 298

Consulting Numbers Management Investing 298

Trade Brains

SEPTEMBER 28, 2023

The police finally caught Telgi in November 2001 while he was on a religious pilgrimage at Ajmer, Rajasthan. Commissioner Sharma was also arrested after his retirement for allegedly protecting Telgi. Police Interrogation of these Men led to multiple raids conducted across Bengaluru, in which the officials seized an estimated Rs.

Government 59

Government Taxes Numbers License 59

The Big Picture

JUNE 7, 2023

You’ll retire a happy person, your kids. I wouldn’t need you as an LP to be retired, like managing my own money to someone else to be a manager in one office. September 10, 2001, no one knew there’d be a huge opportunity in airlines. Your business will grow. You’ll make plenty of money. No one knew that.

Management 277

Management Investments Investing Economics 277

Mr. Money Mustache

SEPTEMBER 4, 2023

I remember paying $600 for a fancy-at-the-time undermount sink and $400 for a faucet for my first kitchen remodel in the year 2001. But when it comes down to it, interest rates don’t really affect long-retired people like many of us MMM readers, because we are mostly done with borrowing.

Economy 83

Economy Banking Budgeting Investing 83

The Big Picture

MAY 9, 2023

And then I was the beneficiary of the TMT bubble bursting in 2001. RITHOLTZ: what we’re really talking about is, hey, we have a bunch of people retiring in 10 years and we expect to have to pay out X dollars. So the whole sector that I was covering went bankrupt. SALISBURY: Sure. SALISBURY: Yes. SALISBURY: Yes.

Assets 299

Assets Clients Investing Investments 299

Brown Advisory

MARCH 28, 2017

Screening can also impact returns over time; the California Public Employees’ Retirement System stated recently that it missed out on as much as $3 billion in gains between 2001 and 2014 as it gradually divested its tobacco holdings.

Portfolio 52

Portfolio Ethics Distribution Clients 52

Brown Advisory

MARCH 28, 2017

Screening can also impact returns over time; the California Public Employees’ Retirement System stated recently that it missed out on as much as $3 billion in gains between 2001 and 2014 as it gradually divested its tobacco holdings.

Portfolio 52

Portfolio Ethics Distribution Clients 52

Trade Brains

JUNE 9, 2023

The company started as a joint venture in 2001 with Abrdn Investment Management, after registering with SEBI in 2000. High Net Profit Margin Companies #2 – HDFC AMC Part of the banking giant HDFC Group, HDFC AMC is the investing and mutual fund division of the conglomerate. The AMC has ₹4.4

Certification 52

Certification Assets Sales Management 52

The Big Picture

JULY 24, 2023

MIAN: So when people compare the current sort of bear cycle to 2001 and 2008, the reason I think that’s flawed is because that was in a secular bear market. MIAN: The zeitgeist of the 2000s was China’s entrance into the World Trade Organization in June 2001. RITHOLTZ: Huge difference in both depth and duration.

Marketing 130

Marketing Marketing Economy Valuation 130

The Big Picture

MAY 7, 2024

So I got the job as Chief Revenue Officer of MSN in 2001. And she did a plan for me personally and answered the questions, can I retire? My husband wasn’t that excited to come to New York City, and so I said, I have to go beg, borrow, and steal my way into a technology company. Nobody believed the bust had happened.

Startup 147

Startup Advertising Engineering Numbers 147

The Big Picture

OCTOBER 24, 2022

The managed portfolio business began in 2001. And he outlines credit cards, and he outlines mutual funds and money market funds and retirement accounts. RITHOLTZ: When did the investment management side of the business began? NORTON: There’s different kinds of histories to different parts of it. RITHOLTZ: I remember that.

Portfolio 130

Portfolio Management Assets Investing 130

The Big Picture

AUGUST 29, 2022

Especially, he wrote a rant about the 2008 crisis, and he wrote a rant about 2001 in Enron. RITHOLTZ: You made my retirement …. My — I’ll say my dad is — well, my dad was a highway or is a — well, he retired, but he would go around and try to get contracts to pave highways. RITHOLTZ: Unvarnished (ph).

Assets 173

Assets Management Marketing Marketing 173

The Big Picture

MARCH 27, 2023

So it was a pretty different situation from 2001, where the whole dot-com bust, but more importantly, the telecom implosion. So you retire in 2018. The great bonanza of late ’08 and ’09 is that there were companies that were not stressed at all. But it was not a liquidity issue. ’08 RITHOLTZ: Really interesting.

Assets 285

Assets Investing Investments Management 285

The Big Picture

OCTOBER 5, 2024

Plus, if your home prices appreciate dramatically, hey that’s great for your retirement. And I think also because people are living longer and, you know, staying in jobs longer, taking longer to retire, there isn’t maybe as up as much upward mobility as there used to be. And they feel like that’s happening.

Economy 162

Economy Education Insurance Economics 162

Brown Advisory

SEPTEMBER 12, 2016

The California Public Employees’ Retirement System (CalPERS) said in April that it missed out on as much as $3 billion in gains between 2001, when it started to sell its tobacco stocks, until the end of 2014, when it completed the divestment. CalPERS is the largest defined-benefit pension plan in the U.S.,

Clients 52

Clients Portfolio Distribution Communication 52

Brown Advisory

SEPTEMBER 12, 2016

The California Public Employees’ Retirement System (CalPERS) said in April that it missed out on as much as $3 billion in gains between 2001, when it started to sell its tobacco stocks, until the end of 2014, when it completed the divestment. CalPERS is the largest defined-benefit pension plan in the U.S.,

Clients 52

Clients Portfolio Distribution Communication 52

The Irrelevant Investor

MAY 16, 2017

The Isolas are currently on a crusade to fix the atrocities that take place in teacher's retirement plans. While teaching, Tony and Dina began managing money in 2001 for friends and family. Tony taught U.S. history at a middle school for twenty-one years, so he knows a thing or two about how this works.

Retirement Planning 52

Retirement Planning Commission Clients Education 52

Cordant Wealth Partners

AUGUST 25, 2021

Next, if you’re regularly withdrawing money from your portfolio, as you will in retirement, higher volatility means a lower withdrawal rate. It fell 15% in just three days 107 different times, it has lost 6% in a single day 199 times, and it fell 95% from December 1999 to October 2001. We’ll look at two examples.

Portfolio 52

Portfolio Taxes Assets Investing 52

The Big Picture

APRIL 18, 2023

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. RITHOLTZ: So you lasted two or three years, and then you get tapped to go to London in 2001. BARATTA: In November of 2001, when I moved over — RITHOLTZ: Sure.

Assets 162

Assets Investments Investing Valuation 162

Random Roger's Retirement Planning

MAY 6, 2024

In 2000, BPLSX outperformed by 69%, in 2001 it outperformed by 37%, 22% in 2002 and 46% in 2009. That is not a bad result but might be less than you'd think when looking at the CAGR numbers. I outlined the four years that account for just about all of the long term outperformance.

Assets 98

Assets Portfolio Taxes Management 98