Is your client really ready to retire?
Seniors should not only have a financial plan in place, but activities to keep them preoccupied.
Social Security
Online notices can show clients how much Social Security benefits will be in 2019
Some people have a hard time getting their one-time pass code to log on to their My Social Security account.
Clients should ask employers for this powerful 401(k) upgrade
Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.
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.
5 year-end strategies to cut tax bills now
The holidays are fast approaching, which means it is time to start doing some year-end tax planning.
Smart financial strategies between retirement and turning 70
This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.
How much should you rely on Social Security benefit estimates?
"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.
Social Security benefits going up — but not for everyone
Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.
Tax surprises clients may face in retirement
Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.
How seniors can avoid these common scams
Scammers can learn quite a bit of information from social media so don’t think that just because they know a couple pieces of information about you and your family that they are legit.
Another challenge in retirement? Student loans
The number of older Americans who are carrying student loan debt into retirement has grown to 2.8 million from 700,000 in 2005.
5 key retiree healthcare trends
Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.
Labor Department clears path for automatic 401(k) transfers
The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.
Rent or own in retirement — how to decide
Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.
10 places to retire on Social Security alone
A typical Social Security payment is likely to cover basic costs in these areas.
What to do when a client loses their retirement savings
Working longer and delaying Social Security are some of the ways they can recover.
One reason not to delay Social Security
Conventional wisdom says to wait as long as possible to claim retirement benefits, but there are exceptions to the rule.
401(k) rule change would ease small companies’ path to joint plans
The proposed rule from the Labor Department would allow small companies with a common owner or those in the same trade group to band together and create multi-employer plans.
This retirement expense has hit $100,000 annually — and it’s continuing to rise
The cost of nursing home services is on the rise, with the annual medical cost of a private room in such a facility now standing at $100,375.
Muni bonds sport attractive yields for retirees
While tax reform has been a mixed bag for muni bonds, a few factors working in their favor include constrained supply this year, as well as historically low defaults.
