As life expectancy rises, retirement strategies lag
Ignoring life expectancy research can lead to miscalculations, as under- or overestimating a client's lifespan will impact financial plans.
Risk management
How managers can maximize productivity — without a to-do list
Managers need to learn better ways to set and prioritize their goals in order to oversee employees and work effectively.
For Citigroup, new backup site could be employees’ living rooms
The scramble to adjust to remote work has changed not only how companies are getting through this unprecedented crisis, but also how they're thinking about post-pandemic life.
Retirement planning tips in the time of coronavirus
Clients are advised to keep some of their savings in cash and focus on their long-term prospects.
Young adults can find retirement success. Here’s how
To start, these clients are advised to start saving as early and contribute enough to their 401(k)s to qualify for their employer's matching contribution.
Benefits Think Move over, tech. Banks must focus on their teams, values.
Banks are so caught up in the newest technology trends that they lose sight of the need to build a talented workforce and a purpose-driven organization.
Bob Contri
Deloitte
Clients could be unknowingly sabotaging their Social Security
Filing at the wrong age and failing to take advantage of programs like spousal and survivor benefits are just a few common mistakes seniors make.
How to handle Medicare if clients are working at 65
“The advice I give is to calculate the financial impact for each option,” an expert says.
Why clients aiming for early retirement shouldn’t feel guilty about spending
Pre-retirees are encouraged to save aggressively and create a list of things they plan to spend their money on without remorse, an expert says.
How to achieve diversification on the road to retirement
"Since no one has a crystal ball to predict what will happen, I advise saving money on both sides of the tax fence," an expert says.
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.
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.
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.
Pulling heartstrings and purse strings: Grandparents spend $179B annually on grandkids
Grandparents are advised to give cash gifts without putting their future financial security at risk.
Trump’s budget could open up this tax-free savings account to people on Medicare
The Trump administration unveiled its proposed budget that includes provisions that would enable Medicare beneficiaries to contribute to a health savings account.
Social Security scams are a growing threat to retirees
One tip for seniors: They should register their My Social Security account as early as they can before other people can create the account.
Where-to woes of retirement: The pros and cons of retirement housing options
About 77% of people 50 and older want to stay where they are as long as possible, according to a survey. But clients who want to — or have to — move, have a number of options each with pros and cons.
Social Security is millions of retirees’ main income source. That’s a problem.
The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.
Are you a gambler, speculator, investor or risk manager?
Clients approaching or already in retirement should be a risk manager who focuses on risk tolerance.
The best way to save for retirement may be to not think about it
Plan design features like automatic enrollment and automatic increases are having a positive impact. Such steps are designed to increase participation even from people who may be suffering from inertia, says a researcher.
