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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.

Why Life Insurance is Essential for Retirement Planning

April 27, 2017
By:
Jamie Hopkins

Many people do not view life insurance as an essential and vital part of a retirement income plan. They see life insurance primarily as a way to protect families from the early loss of a breadwinner during the working years. However, life insurance has the potential to be so much more if properly utilized in a comprehensive retirement income plan.

How Your House Can Help Pay For Retirement

April 24, 2017
By:
Jamie Hopkins

The baby boomer generation is facing a retirement income shortfall. This is no surprise if you take a look at how much money the average retiree has saved for retirement. According to U.S. census data, the average 65-year-old couple has about $100,000 saved for retirement.

NRMLA Kicks Off Second Annual Reverse Mortgage Education Week

April 24, 2017

The National Reverse Mortgage Lenders Association is proud to host a series of online seminars for professionals and consumers during its second annual Reverse Mortgage Education Week running today through Friday, April 28.

Reverse Mortgages: Are They Right for Your Clients?

April 24, 2017

Should investors buy reverse mortgages from an adviser or the Fonz? Wade Pfau and Jamie Hopkins of The American College of Financial Services offer some ideas about reverse mortgages and home equity.

Family-Responsibility Laws Could Cost Your Clients

April 22, 2017
By:
Jamie Hopkins

Are you aware of filial-responsibility laws? You should be. Such laws, which exist in 28 states, aim to hold family members financially responsible for other family members. For instance, under a filial-responsibility law, children can be held responsible for their mother and father’s nursing-home costs.

Here's Why a Little Financial Information Is Very Dangerous

April 14, 2017
By:
Pamela Yellen

April is designated Financial Literacy Month. It’s a time we financial educators get the spotlight to combat the lack of money know-how that’s left many people living paycheck to paycheck, with inadequate savings and out of control debt.

Second-Annual Reverse Mortgage Education Week to Raise Product Awareness

April 11, 2017
By:
Elizabeth Ecker

The second-annual Reverse Mortgage Education Week organized and hosted by the National Reverse Mortgage Lenders Association will feature new speakers this year, including a panel fielding questions from consumers presented in partnership with senior-centric publication NextAvenue. Web panels will also feature renowned speakers including Jamie Hopkins.

7 Key Points To Follow With Trump's Tax Reform

April 10, 2017
By:
Jamie Hopkins

With health care reform potentially on the back burner, President Trump and Congress will begin to shift some focus onto tax reform. Tax reform, according to a number of polls, is supported by the majority of United States citizens.

PBS Program Takes Deep Dive into Reverse Mortgages

April 9, 2017
By:
Alex Spanko

A nationally syndicated PBS personal finance program dedicated a solid chunk of a recent episode to the new academic thinking around reverse mortgages and retirement. Jamie Hopkins, a noted proponent of Home Equity Conversion Mortgages, sat down with host Consuelo Mack for a wide-ranging interview on an episode of “WealthTrack.”

Under Trump The Future Of Fiduciary Rule Is Uncertain As DOL Delays Rule

April 6, 2017
By:
Jamie Hopkins

Since the mid-1970s a “fiduciary” standard of care has been required for some individuals that render investment advice to retirement plans. The purpose of the rule is to protect consumers by requiring that the investment advisor acts in the best interest of their client and avoids conflicts of interest.

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