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The Senior Citizens League says that seniors on Social Security can expect an increase in cost of living adjustments not seen since 2012.
June 19 -
A new report indicates that projected medical expenses of a 45-year old couple, after they retire, will be 122% of their total Social Security benefits.
June 16 -
Stocking away income in company-sponsored plans can provide corporate executive clients tax-free compounded growth on investments.
June 16 -
Many carriers offering long-term care coverage are experiencing financial woes and may no longer guarantee payments when clients need them.
June 15 -
One alternative is a hybrid long-term-care policy with features of traditional LTC insurance and cash-value life coverage that grows over time.
June 15 -
A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.
June 13 -
Women often have more years of low income—or no income—at some point in their careers.
June 12 -
Clients are advised to put their savings in accounts with differing tax treatments to better manage the burden in decumulation.
June 9 -
Contrary to what some people think, their tax burden may not decline after leaving the workplace for good.
June 9 -
An expert warns that "the buy, hold and forget" strategy would only work in bull market conditions.
June 8 -
Many people plan to have an active lifestyle in retirement, but are not engaging in activities to stay fit.
June 7 -
More advisers usually means more overall revenue, but not always. See how the TPMs compare on both metrics.
June 7 -
Spoiler alert: LPL has the highest AUM. That's no surprise, but where do the others rank? Scroll through to find out.
June 7 -
Seniors who have remarried may still qualify for a Social Security divorced spousal benefit on their ex-spouse's record.
June 6 -
Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.
June 5 -
Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.
June 2 -
Claiming the earned income tax and child tax credit may get tougher under Trump’s 2018 budget plan.
June 2 -
Emotion-driven decisions may result in portfolios that retirees find palatable, but they are also likely to result in lower returns.
June 1 -
Tapping a 401(k) isn’t good idea, so it would need to be the lesser of two or more evils. And they “would have to be pretty evil evils," says an expert.
May 31 -
Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn overcame some common pitfalls.
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