Feom a Barron’s online interview article:
Right now, you tend to have investment advisors for retirees, and insurance advisors or salespersons for retirees, and it’s fairly rare to go to somebody who can sell you annuities or invest your money and has no financial incentive to tilt one way or the other. Ultimately, what I’d like to see are people who have knowledge of both annuities and investments, and who are compensated in a way that doesn’t influence the decision.
The idea is that you segment your money. It’s similar to using “buckets” but with a time component. A retiree might have a box for 2020 and a box for 2021, and 2022, etc.
Nobel Prize–winning economist William Sharpe has spent most of his career thinking about risk. He’s behind the Capital Asset Pricing Model for gauging systemic risk and the eponymous Sharpe ratio, which captures risk-adjusted return.
A few decades ago, Sharpe turned his attention to what may be the biggest risk of all for most Americans—running out of money in retirement. The professor of finance, emeritus, at Stanford University’s Graduate School of Business created a computer program that eventually covered 100,000 retirement-income scenarios based on different combinations of life spans and investment returns for a retired couple. Sharpe has made this program available in a free ebook, Retirement Income Scenario Matrices.
To read more: https://www.barrons.com/articles/william-sharpe-how-to-secure-lasting-retirement-income-51573837934
Syndicated columnist Mark Shields and New York Times columnist David Brooks join Judy Woodruff to discuss the week in politics, including whether public impeachment hearings are making President Trump more or less vulnerable, what stood out about the witnesses who testified so far, whether Trump’s Ukraine dealings are surprising or “in character” and the latest dynamics among 2020 Democrats.
Wi-Charge says it has a solution to the problem. Its technology allows users to power small devices, such as smartphones, smart fire alarms, and smart locks, from several feet away without any wires.
More than 2.8 million antibiotic-resistant infections occur in the United States each year, and more than 35,000 people die as a result. In addition, nearly 223,900 people in the United States required hospital care for C. difficile and at least 12,800 people died in 2017.
Vineyards in Colorado are mostly nestled in the temperate, high elevation river valleys and mesas of Mesa and Delta counties, with some acreage in Montezuma county. Colorado’s grape growing regions range in elevation from 4,000 to 7,000 feet and are thus among the highest vineyards in the world, resulting in hot days accompanied by cool nights.
An obscure think tank in Boston is getting drug companies to lower their prices – using something called a QALY. WSJ’s Denise Roland explains what a QALY is, and why it’s controversial.
The 12,000-square-foot store is packed with in-store dining options, a scratch bakery, coffee bar and a curated assortment of fresh and local products. An additional 8,000 square feet is dedicated to prep space and a kitchen where employees make prepared foods and from-scratch items using Brothers Marketplace’s own recipes. 
First published in 1897, Country Life is itself a late-Victorian institution. What could be more appropriate, therefore, than to celebrate this anniversary with a collector’s issue of articles and photographs from the magazine’s archives?
Boomers Daily 