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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.

Prying Loose Your Digital Life

August 21, 2014
By:
Jennie L. Phipps

My friend's father died recently. Among the most frustrating aftermaths has been the difficulty in figuring out his digital life -- closing accounts like Paypal and Facebook, for example. Neither my friend nor her mother have any idea what his passwords were.

Effect of Inflation on Retirement

August 21, 2014

During retirement, some assets become at risk when adjusting for inflation for diversifying among asset classes rings true in this case, explains Jamie Hopkins.

What Happens to Your Digital Assets When You Die?

August 1, 2014
By:
Sheryl Nance-Nash

It can take some arm twisting to get people to do estate planning. Nobody wants to contemplate the days when they’ll be but a memory to their loved ones.

Financial Planning Will Help You Leave the Sewers and Enjoy Retirement

August 1, 2014
By:
Erik Gunn

How soon should you start thinking about retirement? It’s never too soon – even if yesterday was your very first day on the job and you won’t be turning in your last time card for four decades. You’ll benefit from preparing for that last day now.

Cash-Flow Sensitivity: Modeling the Future

August 1, 2014

It’s hard to anticipate how the activities of any company—and the market—might impact cash flow in and out of the business. That’s where cash flow sensitivity modeling can help.

When Aging Parents Need Financial Help

July 29, 2014
By:
Susan Johnston

As life expectancies increase along with nursing home costs, many retirees face the terrifying prospect of outliving their money. The American Association for Long-Term Care Insurance estimates that only about 8 million of 313 million Americans have long-term care insurance policies.

Changing Family Caregiver Dynamics Ramp Up the Importance of Long-Term Care Planning

July 28, 2014
By:
Jamie Hopkins

When planning for retirement, clients often list long-term care as a primary concern. However, very few people have well defined plans for dealing with related expenses. Instead, most people rely upon family members to provide long-term care, with roughly 70% of services coming in the form of informal care provided by relatives.

Review of Reviews: “Viable Solutions to the Digital Estate Planning Dilemma,” 99 Iowa L. Rev. Bull. 61 (2014)

July 24, 2014
By:
Louis S. Harrison

Most practitioners know that digital assets should be considered a part of any estate plan. It’s been said (or maybe I dreamed it) that: “You can describe it [the RAP] in a nutshell, but you cannot keep it there.”

The IRS Suffers a Major Setback in Its Ability to Regulate Attorneys and CPAs

July 18, 2014
By:
Jamie Hopkins

The Internal Revenue Service has not had a good 2014. It has suffered multiple defeats in federal court, limiting what it believed to be its proper authority. It lost a landmark case in Loving v. IRS in the U.S. Court of Appeals for the District of Columbia, which significantly stymied the IRS’s efforts to regulate the tax preparer industry.

Public Policy Changes That Could Derail Your Retirement Plan

July 16, 2014
By:
Renee Morad

Everyone knows that changing the rules in the middle of the game is unfair. However, three proposals in President Obama's 2015 fiscal year budget could derail even the best retirement plans, according to Jamie Hopkins, associate director of The American College's Center for Retirement Income.

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