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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.

Retirement Preparedness Confidence Hits Historic Low According to Report

April 12, 2016
By:
Jamie Hopkins

Retirement planning seems to be front and center these days with the Department of Labor’s release of its financial fiduciary rule changes last week, tax season deadlines in sight, and the April 11th kick-off of National Retirement Planning Week 2016.

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.

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?

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.

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.

Tools You Can Use

January 28, 2016
By:
David Littell

Advisors regularly ask us at the Center for tools that they can use in building their retirement income practices. Here are four important ones that we have discussed with the creators of those products.

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.

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