The problem with the 4% retirement income rule
While there are strategies to help reduce risk, clients should recognize the order of investment returns is crucially important, an expert writes.
Retirement planning
TIAA rolls out new HSA to complement retirement plan
The new addition aims to help employees with healthcare expenses now and in retirement.
Will your clients be forced to claim Social Security early?
Many pre-retirees leave the workforce sooner than anticipated as a result of various factors, such as job loss and illness.
What the 2020s have in store for aging boomers
Within 10 years, millions of baby boomers will be facing financial and health-related challenges in retirement.
A huge retirement risk clients probably don’t realize they’re facing
Investors who plan to retire early are advised to start saving as soon as possible and diversify their earnings with multiple sources of income.
A widening wealth gap could be putting your clients at risk
A recent study found American workers would face better retirement prospects if the federal government adopts certain public policy changes.
What to do about Medicare if your clients are 65 and working
“The advice I give is to calculate the financial impact for each option,” an expert says.
How to encourage workers to save more for retirement
Research shows that both a match and automatic enrollment have significant positive effects, especially on groups that tend to have lower participation and contribution rates.
Divorcing clients? Here’s how to split an IRA
This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.
Clients can save for retirement while running a business. Here’s how
It is important for entrepreneurs to have an exit strategy and to take control of their debt.
Some clients feel they’ll never be ready for retirement
Ill-prepared investors are advised to vigorously plan their expenses and aggressively save in their 401(k)s and IRAs.
Fidelity launches HSAs for financial intermediaries
The accounts will be managed through Wealthscape, allowing advisers access to their client’s finances to help manage rising healthcare costs.
Why financial wellness can no longer be an afterthought
Financially stressed workers hurt companies through higher healthcare costs and lost productivity. Programs to help them are not just an option for employers, but a business imperative.
Why financial wellness can no longer be an afterthought
Financially stressed workers hurt companies through higher healthcare costs and lost productivity. Programs to help them are not just an option for clients, but a business imperative.
Benefits Think The big mistakes clients make when setting up 401(k) plans
Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.
Amy Ouellette
Vestwell
Benefits Think The big mistakes employers make when setting up 401(k) plans
Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.
Amy Ouellette
Vestwell
Why retiring at 65 could become a thing of the past
“By and large, many simply have not yet saved enough to retire comfortably.”
When retirement expectations meet reality
Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.
Now might be a good time to save in Roth accounts
Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.
Benefits Think From 401(k)s to stretch IRAs, what the Secure Act means for clients
This recently passed bill is groundbreaking retirement legislation and will substantially alter the landscape for employer-sponsored retirement plans and individual savers.
Dan Collins
Commonwealth Financial Network