23 May 2016 Muhlenkamp Seminar: How Retirement Has Changed—Why Saving More and Working Longer will be Necessary ( Portfolio )

Topics discussed:

- How an extended period of ultra-low interest rates has severely compromised future income streams.
- Why retirement, as we used to expect it, is no longer available because of low interest rates.
- Why reading the fine print, especially for annuities, is more critical than ever. There are no guarantees—only illustrations.
- How CDs—and bonds—have gone from being considered safe to being “certificates of guaranteed confiscation.”