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.
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?
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.
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.
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.
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.
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.
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.
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.