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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.

4 End-of-Year Tax Planning Tips for 2018

December 12, 2018

While your financial planning and wellness is an ongoing process, certain times of the year represent smart times to plan. As the year winds down and the calendar year closes out, consider kicking your financial planning up a notch by taking advantage of some strategic end-of-year planning strategies.

Hybrid Life Insurance Policies Increasingly Popular As Long-Term Care Funding Strategy

October 10, 2018

While traditional stand-alone long-term care insurance (LTC) products have seen a drop in popularity in the past several years as a result of companies leaving the marketplace and of spiraling policy premiums, life insurance-backed long-term care financing strategies have experienced tremendous growth.

4 Ways To Maximize Life Insurance In Retirement Income Planning

October 8, 2018

Life insurance is a fundamental risk management tool for a secure financial lifestyle. Primarily, it functions as an income replacement insurance product during an individual’s working years. In many cases, life insurance is set up to provide financial security for family members or to pay off liabilities in the event of an untimely and premature death.

4 Retirement Planning Steps Everyone Should Take

October 1, 2018

In my book, “Rewirement: Rewiring the Way You Think About Retirement,” I lay out a detailed ten-step process that everyone can use while doing retirement income planning. This is also the same process that is taught to thousands of financial advisers in the Retirement Income Certified Professional education program.

New York Life Insurance Brings New Innovations To Long-Term Care Insurance Market

September 5, 2018

The development and rollout of new standalone long-term care insurance products has been almost non-existent for a decade.  Aiming to break that trend, New York Life Insurance Company recently rolled out a new and innovative long-term care insurance product.

Why Buying A Home Is Not A Good Investment (It's A Service)

July 28, 2018

One popular housing mantra that almost everyone is familiar with is “location, location, location.” This quote, often attributed to a British real estate tycoon named Lord Harold Samuel, has been used to express the notion that there is only one thing that is important when investing in real estate, and that is location.

New Tax Deduction 199A Will be Lost For Many In 2018

July 24, 2018

The Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017 and began to take effect in 2018, created a new deduction for pass-through business owners. The deduction, called the 199A deduction, can in certain situations provide up to a 20 percent tax deduction on one’s qualified business income.

After SAFE Act Passage, The Battle Against Elder Financial Abuse Remains Far From Over,” Forbes

July 23, 2018

Elder financial abuse impacts millions of Americans each year, to an estimated tune of $2.9 billion annually. The financial exploitation of senior Americans is only going to continue to grow as scams targeting that segment of the population become more sophisticated.

A New Retirement Risk: Unclaimed Property Laws

July 16, 2018

Retirement planning can be extremely complex. I often describe it as trying to hit a moving target in the wind. The target is moving because an individual does not know with any certainty the exact date retirement will begin or the duration of the retirement period.

Simpler Variable Annuities Could Play A Big Role In Retirement Planning

June 18, 2018

A secure retirement plan needs secure income sources. But figuring out how to sustain an income stream throughout retirement relies on an important component: having adequate savings to begin with.

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