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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.

Four Ways to Change 401(k) Plans for the Better

October 25, 2017
By:
Alessandra Malito

Some retirement experts are sighing with relief after President Trump on Monday assured the public that no changes were coming to 401(k) plans as part of his tax overhaul, but there are lingering questions as to what could be done to better the system so many rely on for their retirement funds.

SENIOR NEWS LINE Will Your Money Last Through Retirement?

October 25, 2017
By:
Matilda Charles

Think you have your retirement financial planning well in hand? Well, a new study shows that you might be in for a rude surprise when the time comes. The American College New York Life Center for Retirement Income commissioned a survey of retirement income planning, and the results are disturbing.

Evaluate the Viability of Your Retirement Plan

October 4, 2017
By:
Christine Benz

There are few more important questions in financial planning, but getting good answers can be elusive. Even people who are comfortable tackling sophisticated financial tasks like determining their asset allocations and conducting due diligence on individual stocks and funds may struggle with assessing the soundness of their plans.

Help Women Raise Their Retirement Income Literacy

October 1, 2017
By:
Jocelyn Wright

At one point or another, we financial professionals all have used the phrase: “If you fail to plan, you plan to fail.” This is especially true when it comes to retirement planning, as it is one area of life where failure is not an option. We only get one shot and there are no retakes.

Baby Boomers Fear 2007 Financial Crisis Ruined Their Retirement Plans

September 19, 2017
By:
Ryan Lynch

For many Boomers, there is a false confidence in their ability to save for the future. The American College of Financial Services found that 20 percent of Americans making under $1 million were financially literate about their savings.

Women Report More Financial Stress About Retirement Savings Than Men

September 14, 2017
By:
Jamie Hopkins

A new report by MassMutual raises questions about the current effectiveness of retirement savings initiatives and programs in the United States, as the overwhelming majority of respondents, roughly 72 percent, agreed that they are not saving enough for retirement.

The Coming Retirement Savings And Income Crisis (Article 7 Of 10)

September 13, 2017

The American College for Financial Services conducted a 2017 survey in February-March 2017 of 1,244 Americans. The sample population had to be between ages 60-75, and must have had over $100,000 of assets excluding their principal residence.

Money Savvy? Take This Quiz And Find Out

September 6, 2017

How “money smart” are you? A new survey from the American College of Financial Services says you’re probably not as knowledgeable as you think. The survey conducted by the nonprofit accredited college found 74% of participating Americans failed a 38-question quiz about financing retirement.

What Women Don’t Know May Hurt Them In Retirement

August 25, 2017
By:
Michelle Bryan

Ladies, it’s time to get out of the car and ask for directions. Destination: Retirement. Two-thirds of women in or on the cusp of retirement are pretty sure they don’t know a lot about money planning for their twilight years, and 80 percent failed a basic quiz on managing their nest eggs.

Advisors Need To Better Engage Female Clients On Retirement

August 18, 2017
By:
Brian O'Connell

A new study spotlights the uphill climb females and their financial advisors face while planning for retirement. Just 18 percent of retirement-age women are informed on how to make a nest egg last in retirement (compared to 35 percent of similarly-aged men).

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