Hello,

We noticed you're browsing in private or incognito mode.

To continue reading this article, please exit incognito mode or log in.

Not a subscriber? Subscribe now for unlimited access to online articles.

Henry “Bud” Hebeler ’56, AE ’56, SM ’70

Boeing ­planner now helps ­investors save for retirement.

Do a Web search for “retirement savings crisis” and you’ll get millions of hits, sounding alarms about historically low U.S. savings rates. “People just aren’t saving any money, which is a real shame,” says Henry “Bud” Hebeler.

Former Boeing planner Henry Hebeler

Hebeler has a vivid personal perspective on the problem. After more than three decades at Boeing, where he rose from engineer to president of the Boeing Aerospace unit, he’s become a prominent retirement planning advocate and advisor. He writes regular columns for the Wall Street Journal’s MarketWatch, has authored several well-reviewed investment books, makes frequent media appearances, and provides informal personal advice.

This story is part of the January/February 2015 Issue of the MIT News magazine
See the rest of the issue
Subscribe

“I get maybe three questions a day from people who’ve been on my website (www.analyzenow.com) or read my articles,” explains Hebeler. “Most can be answered in an hour or so, though some take longer: some people are in real trouble. I get a lot of thank-you notes—that’s my pay.”

Hebeler notes that people in almost all age groups prioritize immediate consumption over retirement planning. His goal is to “relay some of the knowledge” gained during his time at Boeing, especially his six years as chief forecaster and planner in an environment that cultivated long-term thinking.

A turning point came when he was in his 50s and Boeing started providing twice-yearly financial planning assistance. “I starting thinking about the planning tools the consultants had, which were quite primitive compared to Boeing’s,” recalls Hebeler, who had earned a master’s in management after two aero-astro degrees. “I thought, people deserve better tools, ones that bring in a broader perspective, and started working on some little programs for my own ­amusement.” That set the stage for his retirement work, which has also involved corporate and public-sector consulting from his Seattle-area home, teaching at the California Institute of Technology, and service on the Sloan Board of Governors and the boards of visitors for the Defense Systems Management College and the University of ­Washington.

Hebeler and his wife, Mirriam, are avid skiers, despite having “injured every limb we have.” They’ve applied long-range planning by ensuring that their descendants (four daughters, 13 grandchildren, and five great-grandchildren) also take up skiing around age four. “That way, they visit for ski vacations,” he explains.

“And when you ride a lift with no cell phones in front of their eyes, you really get to talk.”

Cut off? Read unlimited articles today.

Become an Insider
Already an Insider? Log in.
Next in MIT News
Want more award-winning journalism? Subscribe to Print + All Access Digital.
  • Print + All Access Digital {! insider.prices.print_digital !}*

    {! insider.display.menuOptionsLabel !}

    The best of MIT Technology Review in print and online, plus unlimited access to our online archive, an ad-free web experience, discounts to MIT Technology Review events, and The Download delivered to your email in-box each weekday.

    See details+

    12-month subscription

    Unlimited access to all our daily online news and feature stories

    6 bi-monthly issues of print + digital magazine

    10% discount to MIT Technology Review events

    Access to entire PDF magazine archive dating back to 1899

    Ad-free website experience

    The Download: newsletter delivery each weekday to your inbox

    The MIT Technology Review App

/3
You've read of three free articles this month. for unlimited online access. You've read of three free articles this month. for unlimited online access. This is your last free article this month. for unlimited online access. You've read all your free articles this month. for unlimited online access. You've read of three free articles this month. for more, or for unlimited online access. for two more free articles, or for unlimited online access.