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Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.
November 14 -
The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.
November 13 -
The years between 60 and 70 present a great opportunity for seniors to make financial moves to protect their retirement savings.
November 9 -
Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.
November 8 -
A typical Social Security payment is likely to cover basic costs in these areas.
November 7 -
When leaving heirlooms and other illiquid assets to loved ones, seniors should allow the heirs to inherit the items instead of liquidating them
November 6 -
Clients should turn to their own timeline before making any changes to their portfolio during a market correction.
November 5 -
Deductions for alimony payments will no longer be available Dec. 31.
November 2 -
Working longer and delaying Social Security are some of the ways they can boost their savings after losing a large portion of retirement assets.
November 2 -
They’ve been waiting for things to get better — but they haven't.
November 1 -
Advise them to review and adjust their budget and consider getting a side hustle, a study suggests.
October 31 -
Moving could eliminate their mortgage, reduce housing expenses and lower cost of living.
October 30 -
Market valuations may not be a reliable tool to use to make investing decisions so it can be prudent for savers to assume low investment returns, says an expert.
October 26 -
Conventional wisdom says to wait as long as possible to claim retirement benefits, but there are exceptions to the rule.
October 25 -
Reinventing a new life may involve uncovering new interests and a new way to live after you leave your career.
October 24 -
The proposed rule from the Labor Department would allow small companies with a common owner or those in the same trade group to band together and create multiemployer plans.
October 23 -
There are specific benchmarks to gauge your client's 401(k) plan — do they measure up?
October 22 -
While tax reform has been a mixed bag for muni bonds, a few factors working in their favor include constrained supply this year, as well as historically low defaults.
October 19 -
In addition to health insurance considerations. people considering this need to determine whether they can afford the missed earnings and the ability to continue building their nest egg.
October 18 -
More states should follow in California’s footsteps in making it easier and cheaper for seniors to tap home equity, writes Alicia Munnell, director of the Center for Retirement Research at Boston College.
October 17

















