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.
Planning for retirement is a confusing process for most people. Three out of four older Americans don’t really understand what they need to do to make sure that their nest eggs last through retirement. That’s according to findings from The American College of Financial Services’ RICP® Retirement Income Literacy Survey, a comprehensive survey exploring finances in retirement.
Social Security is arguably the most important retirement program in the United States. For a secure retirement, it is critical that those near and in retirement understand how their Social Security benefits work. Unfortunately, research shows that many people don't.
This year, The American College of Financial Services reached a total of 5,000 advisors who have earned the Retirement Income Certified Professional® (RICP®) designation since its launch. The milestone underscores The American College's understanding of the need for comprehensive, targeted knowledge to support Americans faced with the challenge of retirement income planning.
401k plan participants are generally clueless about the amount of money they’ll need to retire comfortably, and advisors want to fill them in. In a recent poll by The American College of Financial Services, advisors were asked what one thing they wish clients understood better about planning for the cost of retirement.
Much has been written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, there are also some classic financial missteps that plague retirees.
One of the most common questions advisers get from clients about their retirement plans or investment portfolios is: How am I doing? The root of that question could speak to how individuals are tracking against their goals, how they’re tracking against their peers, or a combination of the two.
Over the last three months, Americans nationwide have opened their news source to find at least one article published daily on the proposed tax overhaul. And while the projected tax reform has spurred an abundance of articles detailing different elements of the tax reform plan, a common theme consistently remains as the basis of these writings.
For many people, it’s increasingly difficult to buy gifts for their parents as they get older. But when your parents retire, there’s a whole bunch of things they’ll potentially need. Retirees may find themselves moving or redecorating their homes, spending more time on a hobby or trying a new type of work.
Hopefully, you’ve saved for decades. Now, how do you convert your nest egg into a stream of retirement income that lasts as long as you do? It’s a pressing question. Americans have a particularly low knowledge about preserving assets and sustaining income in retirement, according to the American College of Financial Services.