Upon retiring, individuals face a number of decisions that must be made within a relatively short period of time. One of the most important decisions is what to do with assets in an employer-sponsored defined contribution plan. But just how important do recent retirees regard this decision? How do they decide what to do with their plan assets? And how well are they planning for their retirement?

This survey was given to retirement income professionals holding the RICP® designation after a significant drop in the Dow Jones in August 2015. The questions were designed to uncover client reactions to recent volatility and help illuminate how retirement income professionals respond to market volatility. This survey shows how retirement income professionals handle market volatility and the best practices for handling market concerns.

View the report to read about the study's key findings.

Income Annuities Are More Than an Investment

February 5, 2016
By:
David Littell

Retirement income planning often feels like two steps forward and one step back. Just when it seems like there has been broader acceptance of important retirement income principals an article comes out that sets us back.

Tools You Can Use

January 28, 2016
By:
David Littell

Advisors regularly ask us at the Center for tools that they can use in building their retirement income practices. Here are four important ones that we have discussed with the creators of those products.

Congress Removes Two Popular Social Security Claiming Strategies

January 26, 2016
By:
David Littell

Many were surprised in November of 2015 when the Bipartisan Budget Reconciliation Act of 2015 removed two Social Security strategies for married and divorced beneficiaries.

Why Retirees Need To Stop Writing Checks To Charities

January 20, 2016
By:
David Littell

Since 2006, those age 70½ and older have had the opportunity to direct up to $100,000 of distributions annually from their IRAs to the charity of their choice. This is not a particularly well known rule for several reasons. At first blush, it looks like something that is only for the very rich.

Financial Incapacity and the Aging Boomers: What is the Role of Financial Service Professionals?

December 1, 2015
By:
David Littell
Sandra Timmermann

As the boomers march into retirement, the focus of the financial planning world is on retirement income planning. This is evidenced in part by the more than 10,000 advisors who have enrolled in the RICP® designation program.

The State Of 'File And Suspend': Where The New Social Security Rules Leave Seniors

November 4, 2015
By:
David Littell

On November 2, 2015, President Obama signed the Bipartisan Budget Act of 2015, ushering in a wave of legal and public policy changes intended to prevent a government shutdown. One of the Act’s most important features was its inclusion of significant changes to Social Security benefits and claiming strategies.

Proposal Highlights Need for Retirement Income Education

July 1, 2015
By:
David Littell

The reintroduction of the Department of Labor’s proposed changes to the Employee Retirement Income Security Act’s (ERISAs) fiduciary rules illuminated a variety of challenges ahead for retirement planning professionals. The proposed rule changes were reintroduced in April after a five-year hiatus.

Retirement Income Planning Literacy in America: A Method for Determining

October 1, 2015
By:
David Littell

Although significant amounts of research and public policy have been directed toward financial literacy in recent years, not nearly as much attention has been placed on the type of information needed by the nearly 10,000 baby boomers reaching age 65 each day until 2030.

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