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.
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.
With many Americans struggling to meet their retirement income needs, it is unfortunate that valuable assets may not be properly utilized in retirement planning. Assets like home equity and life insurance are often neglected in the planning process despite being some of the most valuable resources that retirees have in retirement.
Taking out a reverse mortgage line of credit for a rainy day may have gotten less attractive after the introduction of new principal limit factors and mortgage insurance premiums, according to a recent story in the Wall Street Journal.
New federal rules that took effect Oct. 2 will raise upfront costs for some homeowners seeking a reverse mortgage, and reduce maximum loan amounts for most, raising the question: Is a reverse mortgage still worth considering?
Jamie wrote this piece out of concern that attorneys weren't paying proper attention to the impact of the Department of Labor's new expanded definition of "investment advice" under the Employee Retirement Income Security Act. He wants practicing attorneys to be aware that the new rule covers advice traditionally provided by lawyers and may subject them to liability.
The American College of Financial Services has announced the winners of its second annual Millennial Advisor Award, given to a select group of individuals under the age of 35 who have made a significant impact in their profession.
A child’s gender may presage how his or her parents will save for college, a new survey says. Parents who only have boys as children are putting more emphasis on saving and funding college education than the parents of only girls, according to a national survey.
In the 11 years since Roth 401(k)s were first launched, these accounts have become a standard option in most plans—nearly eight out of 10 of employers now offer a Roth 401(k), according to a soon-to-be released survey by Alight Solutions, a benefits consulting firm.
Richard Thaler, the recent recipient of the Nobel Prize in economics, has helped retirement savers substantially in the past decade — to the tune of about $29.6 billion, perhaps, according to fellow researcher Shlomo Benartzi.
Roughly half of Americans turning 65 today will require long-term care. As life expectancy continues to rise and the cost of care creeps up, there's a growing need for financial advisers to be knowledgeable about long-term-care funding mechanisms to help clients choose the best one — or combination.