Retirement readiness

I would rather have my clients come back to me saying they had too much money in retirement than telling me they are running out.

Can’t stop, won’t stop. That’s the mantra of some boomers who have no interest in retirement.

Tapping into these plans is one method used to prevent bankruptcy.

Clients are increasingly favoring accounts suited for emergency spending, research shows.

Retirees who use a smaller withdrawal rate may amass significant excess wealth. That can mean trouble for advisors.

Advisors who once oversaw portfolios for clients anxious to save a dollar now work more frequently with investors saving to see the world.

New survey reveals low savings rates and poor financial literacy on retirement planning, but advisors can help.

The bill has bipartisan support in the House and Senate.

Advisors need to be willing to take a financial hit for clients

As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.

Eleven of the 14 dividend-focused ETFs in existence 10 years ago beat a plain vanilla index fund.

The last government shutdown highlighted how many Americans ignore basic planning lessons.

About 19% of adults support elderly family members in some way.

Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years, due in part to affordability, health costs and overall quality of life.

Virginia and Colorado are among the most-appealing locations for retirees to spend their golden years, due in part to top scores in affordability, health-related factors and overall quality of life.

Getting clients to think realistically about their post-work years is tough, but this one question quickly gets to the heart of the matter, says Trilogy Financial CEO Jeff Motske.

Benefits are meant to replace just 40% of preretirement income, so many retirees should consider creating new income sources, such as running a small business or renting out a property.