Nathan Place

National Reporter

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Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he worked as a copy editor and reporter for China Daily. He then returned to New York, where he earned his master’s degree from the CUNY Graduate School of Journalism. Since then he’s worked as a reporter for the New York Daily News and The Independent, as well as a video producer for the Daily Mail, the Daily Beast and Men’s Journal.

Retirement

Scams against retirees soared to ‘crisis’ levels in 2022

Americans lost 30% more money to scams last year than in 2021. And the biggest losses were from seniors.

By Nathan Place

March 20

Financial wellness

The top 3 financial lies Americans tell their partners

According to new research, 38% of U.S. adults have confessed to some form of "financial infidelity." Here's what they're fibbing about.

By Nathan Place

February 21

Retirement

Why student debt and Social Security are on a collision course

As early as this summer, some seniors could see their benefits garnished to pay off old loans.

By Nathan Place

February 9

Retirement

Retire at 59? Here’s why Gen Z Americans think they can do it

When it comes to their finances, America's youngest adults are extremely confident — but some experts say that confidence is fragile.

By Nathan Place

December 27

Retirement

Secure 2.0 heads to Biden. Here’s what it means for retirees

After months of delay, Congress has passed its landmark retirement legislation. Here's what advisers should know about it.

By Nathan Place

December 27

Retirement

Can retirement savers afford to save more under the new 401(k) caps?

Thanks to new adjustments from the IRS, Americans can put significantly more savings in their 401(k)s next year. But will they?

By Nathan Place

October 25

Retirement

No, seniors won’t lose their Social Security if they ‘unretire’

Some older Americans worry that if they return to work, they'll get less money from Social Security. In fact, the opposite is true — but advisers need to get the word out.

By Nathan Place

October 7

Retirement

How to retire abroad: What to consider and how advisers can help

Retiring overseas can be a great option for seniors seeking adventure and cheaper healthcare. Here's what they should know before they hop a plane.

By Nathan Place

September 27

Student loan debt

How advisers can help parents cash in on student loan relief

Millions of parents have taken out student loans for their children, but only some of them are eligible for forgiveness under a new executive order. Here's a look at who qualifies.

By Nathan Place

September 8

Politics and policy

5 ways the Inflation Reduction Act could change life for retirees

American seniors lose much of their income to medical expenses. A new law aims to change that.

By Nathan Place

August 12

Retirement

5 reasons Americans are retiring later in life

For a century, Americans were retiring younger and younger. Then, in the 1990s, the average retirement age started to shoot back up. What happened?

By Nathan Place

August 8

Retirement

Boomers may outlive their 401(k) savings — unlike predecessors with pensions

According to a new study, boomers are likely to deplete their savings much faster than previous generations — but advisers can still help.

By Nathan Place

July 11

Retirement

Millennials shouldn’t count on full Social Security benefits. Here’s how retirement advisers can help

A new study says millennials should only expect 80% of their projected benefits, but there are ways to make up for the shortfall.

By Nathan Place

July 1

Retirement

5 ways ‘SECURE 2.0’ legislation could change retirement savings

A new bill taking shape in Congress is full of popular ideas and backed by both parties. But some experts say it doesn’t go far enough.

By Nathan Place

June 24