As I make a bold, courageous, valiant attempt to install the original Windows 8 upgrade unsuccessfully,   I remember why computers are like air conditioners:“ They work fine until you start opening Windows.” Another patch in a month or two and we are home free.  Workers who are sorting through their “plain English” 401-k statement [...]

What is annuity duration?  To begin, let’s define what duration means in the financial world – the duration of a financial asset that consists of fixed cash flows is the weighted average of the times until those fixed cash flows are received. When an asset is considered as a function of yield, duration also measures [...]