You may intend to keep working. But life may say otherwise.

A third of Americans expect to work at least until age 65. Another 10 percent don’t plan to retire at all. Many don’t think they’ve saved enough money. And baby boomers are redefining retirement and must keep busy to stay happy — especially if many expect to live into their 80s and 90s. But they […]

A Bad Man’s Guide to Private Equity and Pensions

Critics of private equity often inveigh against the fact that the general partners (firms like KKR and Blackstone) have strong incentives to borrow heavily against the companies that they buy, since they collect so many fees that they profit whether or not the businesses they buy can survive with the debt load. It has reached […]

When Private Equity Firms Give Retirees the Short End

Who comes first, the investors or the person who manages their money? That question is crucial for any investor. But it poses a special challenge for retired firefighters, police officers, teachers and other employees who may not know that their retirement money is being held in private equity funds. These are opaque and costly investment […]