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Seniors might get the policy again if they decided to drop it, but the rules "aren’t really super specific about what should happen in this situation,” one expert says.
October 23
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The government should promote universal access to retirement savings and give Americans more options for the spend-down phase of retirement, according to the study.
October 20
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Contributing to a retirement account while paying off student debt is a way for clients to see that compound interest can work for them.
October 20
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Advisors with clients opting to stay in more expensive states need to be prepared to help them with those costs.
October 19
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An average 50-year-old woman in New York should begin socking away 49% of her income to her retirement account to live comfortably in her golden years, according to UBS study.
October 18
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If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.
October 17
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The average recipient will receive $25 more a month in 2018.
October 13
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Social Security, pension type, and education are factors that have contributed to the rise in the retirement age since the mid-1980s.
October 10
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Clients should not assume that Medicare will cover all their medical expenses, or that they'll see a decrease in their expenses after they retire.
October 6
