Retirement scan

Many fear that they will feel alienated and irrelevant after they retire, become a burden to their families, or their surviving spouse will go on retirement alone.

To really come out ahead from delaying Social Security, a client has to live past 80. Otherwise, it's probably better to take a reduced benefit earlier.

Despite the possibility of having a tax-advantaged health savings account, workers with high deductible health plans are less likely to see their doctors.

Although parents need to save for their child's education, they should make retirement saving their top priority.

The odds that your clients will one day stay in an assisted living home increases 1.4% per year, starting at age 65.

During the dotcom craze, the conversation was about retiring before age 50. Today, it’s about working until age 80.

Proceeds from selling their current home can be augmented with a "reverse mortgage for purchase," which doesn't have to be repaid until they sell, move out or pass away.

Investors who reach the age of 45 are advised to multiply their salary by 3.7 to get a good estimate of retirement savings they should have at this age.

Preferred stocks are good candidates for retirees' investment portfolio as they can provide more income than corporate bonds.

Investors are better off having target-date funds than balanced funds as TDFs provide broader diversification and focus on minimizing risk.