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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.

Planning For An Uncertain Life Expectancy In Retirement

February 3, 2014
Jamie Hopkins

When figuring out how much to save for retirement or how to withdraw assets during retirement, one of the thorniest issues is not knowing how long the individual is going to live. Living longer than expected can increase the likelihood of other risks occurring, driving up certain retirement expenditures such as long-term care costs.

Obama Orders Creation of ‘MyRA’ Savings Accounts

January 29, 2014
Tara Siegel Bernard

Making good on a State of the Union address promise, President Obama on Wednesday ordered the creation of new employer-sponsored savings accounts intended to help more people get started saving for retirement.

Financial Advisers Sharpen Their Retirement Offerings

January 17, 2014
Gary M. Stern

With 10,000 baby boomers retiring daily in the U.S., their financial needs keep getting more complex. When does a boomer start taking Social Security? Should preretirees invest in an annuity despite the fees? The increasing complexity of retirement planning spurred the nonprofit American College of Financial Services to establish the RICP® credential in 2012.

Retirement Income Planning: The Next Frontier

January 2, 2014
Ed McCarthy

Retirement income planning is gaining traction with the public and among advisors as a practice specialty. In November 2013, USA Today ran an interview with the director of The American College’s Retirement Income Certified Professional® (RICP®) designation, which launched in 2013.

5 Times You Might Need a Retirement Planner

January 2, 2014
Laura Shin

If you think saving for retirement is hard, just wait until you get ready to retire. While it sounds like spending the money you've saved might be the easy part, it's far from it. The confounding factor of not knowing how long you'll live forces many retirees to walk the tricky line of spending frugally while not being so overly penny-pinching.

Consider These Tax Moves as 2013 Comes to a Close

December 28, 2013
Janet Kidd Stewart

With 2013 almost in the books, some last-minute tax moves for your retirement money could help you start 2014 off right. New retirees whose income will be significantly lower this year than it has been or who are picking up self-employed gigs as they downshift into retirement.

How Will Your Part-Time Income Affect Social Security?

December 26, 2013
Joanne Cleaver

Many people would consider Margaret Haapoja's post-retirement career ideal. At 71, she has continued her longtime career of writing gardening articles published in newspapers and magazines. What's not to love about getting paid for a hobby you enjoy, covering a topic on which you are an expert?

The Absolute End-of-Year Retirement Advisor Checklist

December 13, 2013
Dan Berman

There are so many to-do lists as the year comes to a close that it might be easy to overlook the steps you need to take to make sure your client’s retirement plans are on track. Making mistakes could cost them thousands of dollars and you, their future business.

Reasons to Switch Now to a Roth

December 11, 2013
Jennie L. Phipps

If 2013 wasn't a high-earning year for you, then this might be a good time to convert your traditional IRA to a Roth IRA. Taxes are the great persuader. If you think you'll find yourself in a lower-than-usual tax bracket for the 2013 tax year, then choosing this year to pay taxes on previously untaxed income could be a smart move.

Begin Planning Your Retirement this December Say Financial Advisers

December 6, 2013
John Kendrick

Public employees over the nation are facing the crisis of imminent pension reductions. Detroit’s emergency manager Kevyn Orr’s recent attempt at reducing the pension of city workers by a huge 84 percent has left many public employees wondering how effectively their pension plans would be able to cover them.