Retirement benefits

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

Superstitions with catchy phrases persist.

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

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

There are dangerous misconceptions that can lead to financial hardships in retirement.

Early planning for potential tax hikes is key.

Traditional lenders usually refused cash-strapped minority seniors, which explains why they became such easy prey, an expert says.

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.

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.

Living a luxurious lifestyle for less is a possibility — provided retirees are willing to move overseas.

They can do research by visiting funeral homes to get a better understanding of cost and burial details.

Be sure to check if the original owner has started taking minimum distributions to ensure clients make the right decisions.

Many older workers don’t know they are allowed to take penalty-free withdrawals from their 401(k), 403(b) and 457 plans.

An average couple aged 65 who are about to retire this year will need $285,000 to cover healthcare expenses.

A lump-sum distribution for net unrealized appreciation on employer stock can slash a tax bill in half, but there’s plenty of fine print.

With income taxes attached to hardship withdrawals, they are often advised to carefully weigh other options.

The approved legislation relaxes rules for retirement savers.

Seniors who hold retirement savings in various assets should develop a tax-efficient withdrawal strategy.