Retirement income

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

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.

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

Early planning for potential tax hikes is key.

Review the tax treaty between the U.S. and their new country to determine where they should pay the tax bill on their retirement income.

Clients may be better off boosting their equity allocation if they have a safety net in the form of assets that provide guaranteed income.

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

Each of these funds has its own way of adding high-octane assets into clients' portfolios.

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

Funding a 401(k), 403(b) or company-sponsored retirement savings vehicle should come first, an expert says.

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

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.

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

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.