Savings accounts

Female clients should start as early as possible and take advantage of the employer match, contributing at least 15% of their income.

One tip for younger clients is to create multiple income streams that are subject to varying tax treatments.

"A long life is wonderful, but it is also costly and a bigger drain on resources," an expert says.

Those in the workforce will not owe taxes on rollovers to traditional retirement accounts, but will face consequences using the strategy with a Roth.

Medicare savings programs, discounts on prescription drugs and rental assistance are a few ways retirees can lighten their load.

In a session at the In|Vest West conference, Rachleff revealed the digital firm’s ambitious plans to take on big banks.

Helping clients develop a solid investment strategy is an important step to help them survive market volatility.

Younger clients who adopt an overly conservative investment approach are advised to consider diversified, low-cost equity products to boost returns.

Early and consistent saving may not be enough to safely leave the labor force for good.

With pensions gradually disappearing, more retirees will have to rely on 401(k)s.