Best part-time jobs for retirees
Working as an adjunct professor or project-based consultant are options that retired clients can consider if they want to take a part-time job. More than three in five retirees (62%) cite staying mentally active as their reason why they want to continue working, and the extra money is also a factor. Other part-time jobs to consider are accountant/bookkeeper, patient advocate, event planner/coordinator and tutor. --MarketWatch
Clients want to work in retirement? Keep this in mind
If retired client want to start a second career, they should do something that excites them and not make it all about earnings, according to USA Today. Retirees should focus on certain skills such as leadership, networking, community building and selling, which could allow them to make a significant contribution even without a physical presence in an office. Remaining open to learning new things must also be taken into account. --USA Today
'Do Good' funds make a push for 401(k)s
Interest in the sustainable investments are driving corporate retirement plans to include them in their array of options, according to The Wall Street Journal. According to a recent survey, millennials and women have the greatest interest in products that have both a social and financial impact. One expert said that 403(b) accounts, the retirement plans for teachers and some nonprofits have been more open to these investments than the corporate market. One reason for that was because, until recently, there was little clarity on whether plans including sustainable-investment funds fulfilled companies’ fiduciary responsibilities. But last year, the Labor Department ruled that companies do not need to "treat commercially reasonable investments as inherently suspect or in need of special scrutiny merely because they take into consideration environmental, social or other such factors.” --The Wall Street Journal
Clients shouldn't cash out retirement fund to pay off credit card debt
Clients should not cash out an IRA or a 401(k) account to pay debt since penalties and taxes would be incurred, according to the Los Angeles Times. The article also advises that retirees start claiming Social Security at 70 even if they will still work since benefits max at that age. -- Los Angeles Times
3 retirement mistakes client need to stop making
Putting off creating and executing a retirement plan is one of three of the biggest mistakes that clients make, according to The Motley Fool. Retirees must not forget to rebalance their investment portfolios on a regular basis so their portfolios are tuned into a risk-reward relationship they are comfortable with. Clients should also stop trying to time the market since the market naturally ebbs and flows. --The Motley Fool
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