Forget the flashy actively managed funds. For retirement, the Obamas use index funds.
Prospects are dim for bold legislation, even after President Obama pushes for it in his State of the Union. Budget cuts and a new Treasury chief are discussion topics.
Regardless of how you feel about the results of the 2012 election, it’s a good bet your bank’s not too crazy about them.
“Hello, everybody,” came the voice from behind me. It sounded familiar. And the next thing I know President Barack Obama is slapping me on the shoulder and sitting to my right. Just in case you’re wondering: No, this isn’t a typical day. I was sitting in a nondescript conference room in the Eisenhower Executive Office
Retirement planning takes center stage Tuesday night along with President Barack Obama. The Washington Post reported on Monday that over the weekend Obama decided that during the State of Union address he won’t endorse the deficit commission’s recommendation to raise the retirement age and otherwise reduce Social Security benefits by changing how the cost of