Retirement readiness

Key issues to consider when strategizing clients' future financial health.

Under the current estimate, 2034 is the year when the administration can no longer pay full benefits. But the program should still be able to pay three-quarters of benefits at that time and for decades afterward.

These strategies can help clients with challenging drawdown decisions

Your clients’ generous intentions can actually work against them. How to help navigate a thorny but navigable issue.

Whether clients are making 529 plan distributions, a direct tuition payment or an in-kind gift, for grandparents, timing is everything.

Retirees diagnosed with serious health concerns should adjust their expectations on how they should spend their time and money.

Missed compounding opportunities, steep taxes and penalties and the possibility of forced early retirement, that's why.

Women tend to outlive their spouses. At the same time, they are undersaving and underearning. How can advisers help?

Spouses are generally entitled to Part A hospital coverage from the government program if the worker meets certain requirements.

A new company allows Baby Boomers looking for cheap accommodation to connect with homeowners looking for trustworthy people to watch their house and pets.

As clients get into their fifties, they need to start looking at where they are and start ramping up their retirement and investing planning.

Clients in their 50s need to save aggressively, pay off their mortgage and other debt, downsize and make the most of the tax breaks they deserve.

Clients may pay taxes on their Social Security Disability Insurance benefits if 50% of the benefits and their other income exceed certain thresholds.

Despite increases in the cost of living for the elderly, clients may find affordable options even within the most expensive states.

For clients considering long-term care options, a move may be appealing if they find care options in other states that can help them save down the road.

Be careful with Social Security and Medicare. Missteps can hurt client relationships.

Save clients big headaches by being aware of these RMD-related errors.

Help clients fix a common problem with nondeductible contributions.

Advisers may need to devise strategies that work with shaky finances. Here are three realities to consider.