Social Security

The property should allow them to live close to their loved ones and fit their financial plan, according to a CFP.

Only 4% of U.S. retirees are waiting until they turn 70 to claim benefits, the age when payments reach their maximum level.

Careful planning can help prevent them from shrinking their benefits based on misperception.

It's important for advisors to help clients get ready for the side effects of this radical lifestyle change.

Target-date funds can help risk-averse young clients ease into investing.

Dual-income couples benefit less from Social Security.

Clients can expect investment returns through compounded growth as long as they don’t lose from a market downturn.

Well over half say they would back Sen. Elizabeth Warren’s plan to tax those with more than $50 million in assets, a survey finds.

Especially for couples in which one spouse retires early, savvy planning can translate into thousands of dollars in Social Security benefits.

Early planning for potential tax hikes is key.

Tariffs associated with the U.S.-China trade war could cause a bigger than expected adjustment.

The legislation nullifies a strategy that previously allowed heirs to stretch an inherited account's tax-deferred growth based on their life expectancy.

Depression can be a big risk for seniors as they transition to retirement.

The legislation includes a provision that would raise the age limit for making contributions and taking required minimum distributions.

Retirees should live a frugal, flexible lifestyle and consider buying insurance to cover big ticket items.

"Part of the conversation should be exploring how your client uses the health-care system," says a CFP.

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

The number of recipients has increased as the baby boomer generation reaches retirement age.

Clients who consider contributing to their health savings accounts past their full retirement age are advised to rethink their plan.

Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.