Retirement insights from a Colorado PERA perspective

News You Should Know

What Would Your Financial Advisor Say About You?

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News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

Here’s how to manage your emotions while investing through the pandemic | CNBC

The human brain doesn’t always compute reality correctly. Researchers call these hiccups in judgment “cognitive biases.” An entire field of economics, called behavioral economics, is built around how our cognitive biases affect financial decisions. In this article, financial advisors identify which cognitive biases they see their clients most easily influenced by. To learn more about the top 5, click on the links below:

While nobody can avoid being completely unbiased all the time, we can become aware of where we are most prone to misunderstanding.

Public sentiment on healthcare deteriorating during COVID-19 pandemic |

Americans have shown appreciation for health care workers since March. But that doesn’t mean they like the health care system any better. According to a recent survey, one-third of respondents said they like the U.S. healthcare system less now than they did before the pandemic. Other trends this story covers include an uptick in virtual care and a reluctance to change jobs due to health insurance.

When are you going to retire? | FT

People in a defined benefit plan know ahead of time what their lifetime monthly income will be. Those with a defined contribution account must do a little more math, determining how their nest egg will translate into income. One oft-used rule of thumb is the 4% rule, which states a person can safely withdraw 4% of their savings per year. This article updates that advice and outlines a few more complexities to consider.

10 Things You’ll Spend More on in Retirement | Kiplinger

When sketching out your expected retirement bills, you might already be penciling in more for health care expenses. But what about a higher gas bill? And with all that extra free time, will you be more susceptible to shopping trips (and yes, shopping online counts). This list will help keep you honest with your budget.

Defined benefitA mandatory retirement savings plan in which a participant’s future benefits are known or can be calculated, but contributions are subject to adjustments. Defined contributionA voluntary plan in which participants can save pre-tax income for retirement. Contributions are “defined” by the employee, but the future benefit is not guaranteed.


  1. John Earl Smith says:

    I have not received a status report on my 457 for over a year. Could you please send me one

    • PERA On The Issues says:

      Hi John,
      Our customer service team will be able to assist you. Please call 1-800-759-7372.
      You can also log in any time to your account on to check the status of your account.

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