Don’t Take Retirement Advice From the Social Security Administration
It’s not that SSA employees won’t—it’s that they can’t give advice on how and when to claim benefits, so make sure you give clients the proper benefits claiming advice.
Using Qualified Plan Dollars to Buy Life Insurance
For your small-business-owner client, this strategy can ease the transition of the business upon the owner’s exit. Watch the details, however, especially on taxation.
Factoring Medicare Part B Premiums Into Financial Plans
Since I’ve built my own financial planning software, I can forecast clients’ Medicare Part B premiums as part of their future expenses in retirement.
Gen X Retirement Worse Than Boomers'? Check Your Math, Says EBRI
EBRI recently challenged studies from Pew and the Center for Retirement Research that concluded Gen Xers’ retirement prospects were in worse shape than baby boomers'.
Under The Hood: Medicare Parts A, B, C and D—What You Need to Know, Pt. 1
A primer on the four different parts of the Medicare system and their origins, growth, options and cost.
How to Overcome Behavioral Biases, Raise Retirement Savings: Cerulli
Cerulli’s latest research addresses ways recordkeepers can better engage retirement plan participants to improve outcomes.
Bear Market Survival: A Crash Course From Eric Nelson
Servo Wealth Management advisor Eric Nelson culls practical portfolio conclusions from the past century of stock market reversals.
Why Would the Social Security Trustees Want to Cut Benefits? It's a Mystery.
Retirement expert Alicia Munnell of Boston College has brought a simmering Social Security mystery out into the open: Why were key figures about the program's benefits for retirees deleted from the latest trustees' report?
Better Benchmarks Through Behavioral Finance?
New understanding of behavioral finance means many one-size-fits-all benchmarks are outdated, Natixis and MIT researchers say.
Older Workers More Anxious Than Retirees About Financial Future
Despite having significant nest eggs, pre-retirees are more likely to fear financial struggles in retirement than those already retired, T. Rowe Price found.