Retirement planning

With accounts now often reaching seven figures, estate planning expert Natalie Choate delved into the complexity of the increasingly important tool.

In one case, a 6-year-old owed $7,000 in federal taxes two years after his father, a U.S. Navy senior chief petty officer, died of a heart attack.

A tougher job market and requirements to simultaneously care for children and elderly parents are just some burdens clients may face.

The S&P 500 bottomed in March 2009, but clients have since seen a huge boost in their retirement savings.

Clients who want to retire in their 30s or 40s will need a lot of hand-holding.

Most inflows in the space went to products with over 80% of their assets in index funds, new research from Morningstar finds.

With longer life expectancies leading to increased health care spending later in life, experts are second-guessing the 10% savings rule.

I would rather have my clients come back to me saying they had too much money in retirement than telling me they are running out.

Can’t stop, won’t stop. That’s the mantra of some boomers who have no interest in retirement.

“People didn’t want to use up their estate tax exemption,” but that has changed as a result of the new law, an expert says.