Portfolio management

To protect client nest eggs, advisors must know which savings vehicles are protected — and they’re not all created equal.

For one, clients will owe taxes still on the distributions, unless they recontribute the money into the account within three years.

Clients are advised to keep some of their savings in cash and focus on their long-term prospects.

The spike in the number of older employees in the workplace reflects a trend over the past decade.

"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.

It is important for entrepreneurs to have an exit strategy and to take control of their debt.

Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.

When searching for the right plan, it is important that retirees assume their health will one day change.

Retirees often only take distributions when they are forced to do so because of the IRS’ RMD rules, an expert says.

If they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds.

To make the most of their savings, workers should start funding their accounts as early as possible.

The next generation can assist loved ones with applying for financial assistance, reducing expenses and developing a financial plan.

These employees will need bigger savings than other age groups to fund a longer retirement horizon, according to a study.

As much as 46% believe Medicare will cover the costs of long-term care.

Heavily weighting any single stock has the potential to make a portfolio more volatile.

Although earnings in a deferred annuity will not be included in an investor's adjusted gross income, future withdrawals from the annuity could trigger a bigger tax bill.

It would raise enough new revenue to more than restore long-term balance of the program.

Want to have a fulfilling retirement? Employees are advised to set goals and have a bucket list of activities that will make them productive.

Clients can often retire smoothly even during a downturn if they diversify and rebalance their portfolios properly, as well as pay off debts and maximize their Social Security benefits.

The wealth in retirement accounts could shrink by that much due to annual defaults on 401(k) loans. The projected loss is about 2.7% of the $7.8 trillion in retirement accounts.