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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.

Baby Boomers Fail Retirement Income Quiz

July 9, 2017

Many of the 10,000 baby boomers who are turning 65 each day are looking forward to retirement. But how many of these baby boomers, and current retirees know how to manage their savings well enough to avoid running out of money in retirement?

Millennial Managers: A Guide For Successful Management

July 8, 2017
Jamie Hopkins
Bryan Yackulic

Millennials took over as the largest generational group in the United States workforce in 2015, and by 2020 they will make up over half of the total workforce. If you do not already have a millennial manager, you could be getting one soon.

Confronting the Retirement Risk Zone

July 7, 2017
Veronica Lu

In this post we meet with two Australian researchers whose study of retirement income risks can be applied to client portfolios across the globe. Dr. Michael Drew and Adam Walk have been researching challenges of creating income from a volatile portfolio account value since Australia’s move to an employer-mandated defined-contribution system.

Financing Longevity

July 6, 2017

Underestimating how long someone will live can be costly, as overgenerous governments and indebted private pension schemes have been discovering. They are struggling to meet promises made in easier times.

About 37 Percent of Adults Lack Life Insurance, Poll Says

July 1, 2017
Sheryl Nance-Nash

You have insurance for your car, your home, why not your life? Jamie Hopkins points out, “Life insurance is one of the few ways you can create a million-dollar estate for your family out of thin air.”

Retirement Income Research Findings with David Blanchett

June 30, 2017
David Littell

One of the goals of the New York Life Center for Retirement Income is to share some of the latest research in the field of retirement income planning. In a recent interview with the prolific researcher David Blanchett, we discuss two important research areas: whether or not to change asset allocation with age, and the importance of making dynamic withdrawal and annuitization decisions.

The New York Times Got It Wrong About Reverse Mortgages

June 29, 2017
Jamie Hopkins

A recent New York Times article on reverse mortgages published a common error that feeds into negative misconceptions that continue to hinder using home equity as a strategic retirement income source.

Reverse Mortgage Professionals Correct the Record on N.Y. Times Piece

June 29, 2017
Alex Spanko

It was just one line in an otherwise upbeat article about American Advisors Group and its latest advertising campaign, but it was enough to rile reverse mortgage professionals tired of hearing a common misconception about the Home Equity Conversion Mortgage.

Is Spending Principal OK in Retirement?

June 28, 2017
Jeff Brown

An old adage says retirees should "never spend principal," but today you're more likely to hear this from a grandparent than your financial advisor. With dividend payments and fixed-income yields close to record lows, the trickle of income may not be enough.

Target Date Funds: When Simple Is Smart

June 26, 2017
Carla Fried

It’s not often that taking the easy way out can be a wise move. But the easiest way to save for retirement--a target date fund--is a plug-and-play strategy that’s actually smart. A target date fund (TDF) is a compilation of many other funds that invest in stocks, bonds, and maybe a smattering of more esoteric things like real estate and commodities.