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.
Longevity strategies
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.
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.
How part-time work in retirement can affect Social Security taxes and Medicare costs
Up to 85% of retirement benefits might be taxed if their combined income exceeds a certain threshold.
Half of Americans see market swings as opportunities to cash in
Although volatile markets mean opportunities for some investors, most clients will be better off ignoring market corrections if they are investing for the long term.
Employees are probably going to live longer — can they afford it?
People are expected to have a longer life span, and this could pose a challenge in that it will require bigger nest eggs for retirement.
401(k) retirement balances exceed expectations
New data shows that the average account balance broke records after increasing to $99,900 in the third quarter.
Canada reaches agreement on expanding national pension plan
The expanded Canada Pension Plan is aimed at countering dwindling workplace pension access for younger generations pinched by a weak economy and soaring home prices.
