Longevity strategies

Americans tend to be overly pessimistic about their own life expectancy — a fact with major implications for retirement planning. But new research shows that certain interventions can help.

New research from the National Council on Aging found that wealth plays a major role in longevity, a factor financial advisors say can dramatically alter retirement plans.

Side products no more, life insurance and annuities can make financial longevity possible for clients at all AUM levels.

Retirees are living longer than ever, but the wealth management industry is far from unanimous about how to plan around that fact.

Older wealth management clients fear serious health problems that could come with living longer. Advisors have a big role to play in helping them.

Could single premium immediate annuities be the answer to ultralow rates?

Too often succession plans tend to be all-or-nothing. There are better ways.

Grandparents are advised to give cash gifts without putting their future financial security at risk.

The Trump administration unveiled its proposed budget that includes provisions that would enable Medicare beneficiaries to contribute to a health savings account.

As clients live longer, advisor firms’ planning strategies are shifting to accommodate.

One tip for seniors: They should register their My Social Security account as early as they can before other people can create the account.

About 77% of people 50 and older want to stay where they are as long as possible, according to a survey. But clients who want to — or have to — move, have a number of options each with pros and cons.

Financial advisors are uniquely poised to help clients' families with end-of-life planning needs when doctors and lawyers can’t.

Offices remain open and monthly Social Security checks will go out on time despite the partial shutdown.

The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.

Sometimes a planner's advice can go awry, despite best intentions.

Up to 85% of retirement benefits might be taxed if their combined income exceeds a certain threshold.

Although volatile markets mean opportunities for some investors, most clients will be better off ignoring market corrections if they are investing for the long term.

Clients making arrangements for family caregivers need to communicate their plans to other relatives to avoid squabbles down the road.

As sales of LTC insurance plummet, combination products — annuities with LTC riders — are picking up some of the slack, serving as a useful alternative for some clients.