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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.

SENIOR NEWS LINE Will Your Money Last Through Retirement?

October 25, 2017
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.

Don't Forget Secondary Market for Life Insurance

October 24, 2017
Jamie Hopkins

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.

WSJ: Standby Reverse Mortgage ‘Less Appealing’ After October 2

October 24, 2017
Alex Spanko

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 Rules Change the Math on Reverse Mortgages

October 22, 2017
Jeff Brown

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?

Trusts & Estates 2017 Distinguished Author Awards

October 18, 2017

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 Honors 2017 Millennial Advisor Award Winners

October 17, 2017

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.

Do Parents Favor Boys When Saving For College?

October 17, 2017
Christopher Robbins

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.

3 Ways a Roth 401(k) Can Boost Retirement Savings

October 12, 2017
Penelope Wang

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.

Nobel Prize Winner Richard Thaler May Have Added $29.6 Billion to Retirement Accounts

October 10, 2017
Alessandra Malito

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.

How to Pay for Long-Term Care? Several Funding Options Exist

October 9, 2017
Greg Iacurci

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.