Andrew Samwick posts “one of the most depressing graphs [he has] ever seen.” Recall the simplest formula Tom used: Savings = Personal Income – Personal Taxes – Personal Consumption Expenditures [PCE]

In response to some vigorous discussion in the comments last week, the other Bears and I decided to host a blog seminar in ‘Savings 101,’ and I was duly nominated (i.e. drafted) to get the ball rolling. This installment will primarily cover the definition of personal savings and major features of how it’s measured for […]

Tom’s working on explaining Savings 101, so this is specifically to deal with the “issue with” retirement accounts. Via Lawrence G. Lux, we find the A.P. (and maybe the NYT) highlighting a “study” by an investment management firm that “discovers” problems with the way people manage their 401(k)s: Some of the diversification problems stemmed from […]