Editorial Staff

Roughly a third of American workers don’t have a retirement vehicle, says Labor Secretary Thomas Perez.

One concrete step for advisers it to work with a care manager and a knowledgeable elder lawyer to petition the court to appoint a guardian or conservator.

One concrete step for advisers it to work with a care manager and a knowledgeable elder lawyer to petition the court to appoint a guardian or conservator.

For one strategy, clients should create income streams that have built-in protection, such as Social Security and long-term insurance.

For one strategy, clients should create income streams that have built-in protection, such as Social Security and long-term insurance.

A proposed 22.3% increase in Medicare Part B premiums, if approved, will automatically be deducted from retirees' monthly checks.

A proposed 22.3% increase in Medicare Part B premiums, if approved, will automatically be deducted from retirees' monthly checks.

In about 30% of large companies, seniors can opt to work part-time or engage in job sharing with co-workers.

In about 30% of large companies, seniors can opt to work part-time or engage in job sharing with co-workers.

Investors can expect limited options or higher fees in their retirement plans as brokerage firms are evaluating their pricing structures to comply with the fiduciary rule.