A conversation with Ken Layne, the maestro of the Desert Oracle podcast and field guide, about Joshua trees, desert Christianity, Edward Abbey, military secrecy, and the mysterious (and smelly) Yucca Man of local legend. Download this episode (right click and save)
Nicholas Colas – And Now The Bad News: Millennials Will Need To Withdraw $270K Per Year From Their Retirement Accounts
Which profile fits a money manager’s ideal customer – a “Mass affluent” 50-year old or a dead broke 20-something? The wealth management industry would do well to run the numbers, because it is the latter that will generate a larger fee stream over time. How can that be? The short answer is that millennials will live longer, require far more in retirement …