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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.

How Trump, Clinton, Sanders, Cruz, and Kasich Would Fix Social Security

March 17, 2016
By:
Jamie Hopkins

With the Presidential primaries in full swing, one of the hottest issues moving forward is each candidate’s plan for the future of Social Security. Americans are vastly unprepared for retirement and Social Security remains the primary source of income in retirement for most Americans.

When Should You Retire And What Is The Magic Retirement Savings Number?

February 24, 2016
By:
Jamie Hopkins

As a professor of retirement income planning at The American College of Financial Services, I constantly receive questions about the best Social Security claiming strategy or the magic retirement savings number. It is really tempting to believe that there is a simple and quick answer to these types of questions.

Retirement Success In 10 Steps

February 24, 2016

You’ve been dutifully putting aside money—the earlier you start saving for retirement the better—but what about retirement income planning? How can you stretch your limited savings to last through the decades of your retirement?

What Would "President" Bernie Sanders Mean For Social Security?

February 16, 2016
By:
Jamie Hopkins

According to the Social Security 2015 Trust Report, the Old-Age, Survivors, and Disability (“OASDI”) trust funds will be depleted by the end of 2033. As a result, Social Security will meet only roughly 79% of promised retirement benefits payments at that time.

Congress Removes Two Popular Social Security Claiming Strategies

January 26, 2016
By:
David Littell

Many were surprised in November of 2015 when the Bipartisan Budget Reconciliation Act of 2015 removed two Social Security strategies for married and divorced beneficiaries.

Why Retirees Need To Stop Writing Checks To Charities

January 20, 2016
By:
Jamie Hopkins
David Littell

Since 2006, those age 70½ and older have had the opportunity to direct up to $100,000 of distributions annually from their IRAs to the charity of their choice. This is not a particularly well known rule for several reasons. At first blush, it looks like something that is only for the very rich.

5 Tips To Survive Stock Market Volatility In Retirement

January 16, 2016
By:
Jamie Hopkins

The first two weeks of 2016 have served as a strong reminder that stock market volatility is inevitable. On Friday, the Dow dropped 391 points, finishing off a terrible opening two weeks for investors in which the index went down over 1,400 points.

Making Good Decisions With Your $1.5 Billion Powerball Winnings

January 12, 2016
By:
Jamie Hopkins

As the Powerball jackpot skyrockets to historic highs, reaching $1.5 billion on Tuesday, millions of Americans fantasize about becoming a billionaire overnight.  However, with great lottery winnings also comes great responsibility – at least with regard to financial planning decisions.

A Look Back at 2015: The 5 Most Important Retirement Planning Changes for 2016

December 30, 2015
By:
Jamie Hopkins

Retirement planning can be extremely challenging as individuals are tasked with planning for an uncertain time period. If that were not difficult enough, in many ways retirement planning is like trying to shoot a moving target in the wind.

Continued Low Federal Reserve Rates A Good Thing For Retirees?

December 16, 2015
By:
Jamie Hopkins
Robert R. Johnson

Historically low interest rates over the past several years have led to fundamental changes in retirement portfolios. In the past, many retirees relished the fact they were able to live on the investment returns generated by primarily investing in safe fixed-income sources.

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