The Supreme Court ruled Friday that same-sex couples have the right to marry nationwide, freeing gay couples from complicated legal and financial planning.

“Their hope is not to be condemned to live in loneliness, excluded from one of civilization’s oldest institutions. They ask for equal dignity in the eyes of the law. The Constitution grants them that right,” the 5-4 Obergefell v. Hodges decision read.

I found this on, a PBS website for "America’s 50+ generation," and find it interesting.  We consider ourselves “financial experts,” but can we really, truly understand retirement until we actually retire ourselves?

This paper from the Center for Retirement Research examines the importance of annuity-like income as a share of total money income received by aged families. The abstract, along with its findings and implications, are below.  A link to download the entire paper is after the summary.

In case you missed it, here is the article that I was quoted in: Rethinking the Shift-to-Bonds Strategy, by Karen Weise and Carol Hymowitz, Bloomberg Businessweek, The Investing Issue.

President Obama is calling on the Department of Labor to crack down on the fees charged by brokers and financial advisers who consulting retirement savers.