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News & Blog

Our expert faculty are frequent contributors to consumer-based media as well as to more scholarly academic publications. Keep current with recent developments in the retirement income planning field and check out the latest articles from the thought leaders who are part of the The American College New York Life Center for Retirement Income.

To Save Social Security, We Need to Make it 'Hip' With Millennials

November 27, 2018
Jamie Hopkins

Survey after survey reveals that millennials are resigned to the idea that Social Security, as we know it, might not be there by the time they reach retirement age. According to a Transamerica survey, 81 percent of millennials polled believe this to be true.

Variable Annuity Sales Up 25% From This Time a Year Ago

November 26, 2018
Ryan W. Neal

Third quarter sales of variable annuities were up 25% year-over-year to $25 billion, according to a Limra Secure Retirement Institute report. It's the second consecutive quarter of growth after a stretch of sales declines that stretched back to 2014.

The Pros and Cons of 'Hybrid' Life Insurance

November 25, 2018
Rosemary Connors

Many people don’t plan when it comes to getting long-term care insurance, but it’s something that’s important as they get older. Jamie Hopkins, an associate professor at the American College of Financial Services, talks about the pros and cons of so-called hybrid life insurance, in which people get long-term care coverage when they’re alive or a death benefit upon passing.

Private Equity Eyes Long-Term Care Insurance

November 16, 2018
Greg Iacurci

Private-equity investors are eyeing insurers' long-term-care business with increasing fervor, according to insurance executives and analysts, which could present problems for financial advisers whose clients hold affected policies.

Jamie Hopkins on Rewirement: Rewiring the Way You Think About Retirement

November 6, 2018
Jim Puplava

Common misconceptions, assumptions, and behavioral biases often prevent people from building robust and flexible retirement plans—and this is an enormous problem.

As Rates Rise, Reverse Mortgages Gain Appeal Among Forward Lenders

November 4, 2018
Maggie Callahan

As rising interest rates make home purchases and refinances more cost-prohibitive for forward mortgage borrowers, reverse mortgages could be a worthwhile addition to forward lenders’ offerings, reverse professionals say.

5 Key Moves That Can Help Boost Your 401(k) Savings

November 3, 2018
Penelope Wang

You'll be able to sock away more money in your 401(k) next year, so now's a good time to make sure your retirement goals are on the right track. The Internal Revenue Service announced this week that the maximum amount you can contribute to a 401(k) rises to $19,000 in 2019, up from $18,500 this year.

22 Costs and Challenges of Relocating for Retirement

October 31, 2018
Mia Taylor

When it comes to retirement, minimizing living expenses is a key part of making a nest egg last for as long as possible. Quite often, that effort involves relocating to a cheaper part of the country (or the world), where everything from taxes to housing costs and even food may be less expensive.

New Court Ruling Could Put Retirement Assets from a Divorce at Risk in Bankruptcy

October 30, 2018
Greg Iacurci

Financial advisers should reconsider how they treat retirement assets clients acquired during a divorce, following a recent lawsuit that puts them at risk during a bankruptcy, according to tax and estate experts.

Cryptocurrencies Won't Replace Currencies: They Will Replace Stock Exchanges

October 29, 2018
Jamie Hopkins

Over the last year and a half, there has been an irrational surge in initial coin offerings (ICOs). Many of these ICOs were not bringing anything new or valuable to the table, but just riding the wave of publicity that popular cryptocurrencies like Bitcoin, Ethereum and Litecoin have garnered.