Lee Conrad

Owning a home can bring tax benefits, as well as equity that can be used to create an income stream, but in some cases a rental can be a better deal for retirees.

Owning a home can bring tax benefits, as well as equity that can be used to create an income stream, but in some cases a rental can be a better deal for retirees.

Some consumer advocates worry that this will negatively affect small businesses and middle- and low-income Americans.

Roughly 15% of government workers are eligible to retire, but for most government jobs there is no mandatory retirement age.

Saving too much for retirement could force clients to take loans or make withdrawals that would carry taxes and penalties.

Saving too much for retirement could force clients to take loans or make withdrawals that would carry taxes and penalties.

One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.

One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.

When developing a plan to offset the potential shortfall of Social Security benefits in the long term, annual rebalancing is one step clients should take.

When developing a plan to offset the potential shortfall of Social Security benefits in the long term, annual rebalancing is one step clients should take.

The percentage of baby boomers that are confident in their financial preparations for retirement has declined over the past three years, according to the Insured Retirement Institute, and most do not expect their financial situations to improve in the next five years.

“As an emerging market, DIAs have experienced significant growth in 2012,” says Joe Montminy, assistant vice president and director of LIMRA annuity research.

A new study finds that financial advisers struggle to engage investors who are retired or almost retired, and they are divided on how to generate sustainable income.

A new survey says both life insurance sales and premiums are up for 2012, with total policy count having gained 2% for the year-to-dates.

Nearly 875,000 employees increased their contributions to 401k plans in 2010, a 21% increase over 2009’s level of 721,000 employees, according to BofA/Merrill Lynch’s Retirement & Benefit Plan Services report.

Fidelity Investments reported a 20% increase over the past three years in the number of participants in its tax-exempt workplace savings plans at higher education, health care and other not-for-profit institutions.