Social Security

The retirement problem comes down to the fact that many people don't have access to a 401(k) plan. Here's one solution.

Average Americans aged 56 to 61 have only saved $163,577 in their 401(k)s, according to the Economic Policy Institute.

LifeYield makes it proprietary Taxficient Score available to individual advisors.

Filing early can be a smart move if seniors intend to continue working even on a part-time basis.

Clients aged 35 have to set aside 11.69% of their pay to keep up with those in their 20s socking away only 6% of their salary, based on calculations by Financial Engines.

One major help will be in helping participants think in terms of lifetime income — as opposed to accumulated balances — by requiring benefit statements to include income estimates at least once a year.

These funds can help clients put saving plans on autopilot, but they can also take on more risk than expected.

The wealth management industry loves a good abbreviation. Here's a way to help master the jargon.

Scroll through to learn about five core changes impacting retirees.

Parents should ensure that their child has earned an income to be able to open the account.