News & Blog Header

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.

3 Mistakes to Avoid When Picking a Financial Advisor

December 20, 2016
By:
Geoff Williams

If you don't know what a no-load fund is, you may assume that any financial advisor who isn't drooling and speaks coherently knows more about money than you do. But you still need to make sure your financial advisor has good credentials and a solid education, says Jamie Hopkins.

12 Expert Financial Planning Tips For 2017

December 15, 2016
By:
Jamie Hopkins

Let’s look at 12 practical tips from the leading financial planning thought leaders and professors that can help you take your 2017 financial planning to the next level, and put you on the right path to a more financially secure future.

Gift Guide: Books Most Recommended By FORBES In 2016

December 14, 2016
By:
Katherine Love

Here’s a roundup of some great titles you can add to your shopping list (or buy now with one or two clicks).

American Savers Win Regardless of the Fiduciary Rule's Future

December 14, 2016
By:
Jamie Hopkins

As 2016 comes to a close and a new administration gears up to take control, uncertainty reigns in the financial services industry regarding the future of the Department of Labor’s new fiduciary rule, which was finalized in April. The rule is slated for the initial stage of compliance next spring.

Will Republicans Undo Financial Protections Under President Trump?

December 12, 2016
By:
Jeff Reeves

In early 2016, the U.S. Department of Labor passed tougher rules around some kinds of investment advice. The buzz phrase is a “fiduciary standard,” but in a nutshell it simply means that financial professionals need to put their clients' best interests before any personal benefits, such as commissions on the products they sell.

Downsizing in Retirement, Is It Better to Rent or to Own?

December 12, 2016
By:
Amy Fontinelle

Where you live in retirement, in contrast to your working years, is not determined by where your office is located or by what schools you want your children to attend. The decision to move in and of itself is a very tough one for retirees, Hopkins said.

Elder Financial Abuse Is Worse Than You Think

December 9, 2016
By:
Chris Metinko

While most attempt to care for the elderly with compassion and kindness, more and more are looking at that group and their financial savings as prey. Both the number of incidents and the financial impact of elder financial abuse may be higher than most people realize.

The Future of Financial Planning Through Fiduciary Lenses

December 9, 2016
By:
Jamie Hopkins
Craig Lemoine

Soon we will see 2017. And with the New Year comes a countdown to April 10. On that day the profession will unite under one fiduciary banner which will include acting with prudence and objectivity, and placing the interest of retirement investors at the forefront of financial planning.

How Your 401(k) Plan Will Change in 2017

December 4, 2016
By:
Alessandra Malito

The maximum amount most people can contribute to their 401(k) plan won’t change next year — it will remain $18,000 — but plans will change and modernize in several other ways. Here's what will change in 2017.

How to Pass the Next Bar Exam

December 2, 2016
By:
Teresa Lo

“Sleep deprivation, poor nutrition, and lack of exercise can all decrease your studying and test taking performance,” Jamie Hopkins of The American College told Lawcrossing. “As such, when studying for the bar exam, try to maintain the healthy lifestyle you had before bar exam preparation.”

Pages