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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.

New Center Leadership

January 1, 2019

The New York Life Center for Retirement Income has a change in leadership. The new Director of the Center is Steve Parrish, JD, RICP®, ChFC®, CLU®, RHU®, AEP®. Steve brings over 40 years of experience in financial services.

Top Tips for Protecting Your Assets in 2019

December 26, 2018
By:
Beth Braverman

Fantasizing about all the great things that could happen in the future is the fun part of financial planning. You get to imagine yourself relaxing on a beach in retirement or finally buying the house of your dreams—and then start taking steps to make those dreams happen.

Retirement is Coming. Are You Prepared?

December 19, 2018
By:
Wayne Arnold

Recently, The American College of Financial Services surveyed Americans to find out what they know about retirement income. This was one of the most comprehensive surveys of retirement income literacy ever conducted. Most previous studies had focused on the accumulation period prior to retirement.

Jamie Hopkins Discusses Tax Cuts

December 16, 2018
By:
Rosemary Connors

Professor Jamie Hopkins discusses tax cuts on NBC 10.

4 End-of-Year Planning Tips for Your IRA

December 14, 2018
By:
Jamie Hopkins

Individual Retirement Accounts (IRAs) have become the go-to vehicles for holding retirement assets in the United States. In fact, IRAs now house more wealth in 2018 than all 401(k) accounts. IRAs represent about one-third of the entire U.S. retirement market, totaling over $9.3 trillion by the end of June 2018.

4 Smart Investment Moves for Near-Retirees

December 14, 2018
By:
Rebecca Lake

The market giveth but it can also taketh away when volatility comes calling. After peaking in October 2018, a yo-yo effect has taken hold in the market characterized by sharp up and down price movements.

5 End-of-Year Strategies to Get Your Finances in Order for 2019

December 13, 2018
By:
Jamie Hopkins

December 31 not only represents the end of the calendar year, but it also represents a trigger point for many people to engage in planning, goal setting, and preparing for a new year. One area of our lives that can certainly benefit from an end-of-year boost is our financial planning.

Pros and Cons of Investing in an IRA during Retirement

December 12, 2018
By:
Jamie Hopkins

As more and more people are working in retirement, retirees often need to determine the best strategy for saving or investing their incomes. One option is to save and invest in an IRA during retirement. For one thing, many retirees already have an IRA set up by the time they get to retirement.

4 End-of-Year Tax Planning Tips for 2018

December 12, 2018
By:
Jamie Hopkins

While your financial planning and wellness is an ongoing process, certain times of the year represent smart times to plan. As the year winds down and the calendar year closes out, consider kicking your financial planning up a notch by taking advantage of some strategic end-of-year planning strategies.

Senior Homeowners Give Reverse Jumbo Mortgages New Life

December 12, 2018
By:
Robyn A. Friedman

“Don’t think of jumbo reverse mortgages as a harmful product,” says Jamie Hopkins, professor of retirement planning at the American College of Financial Services. “It’s really just another mortgage option... except that you’re paying a higher interest rate for the ability to not have to make monthly payments.”

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