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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.

Millennial Managers: A Guide For Successful Management

July 8, 2017
Bryan Yackulic

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.

The New York Times Got It Wrong About Reverse Mortgages

June 29, 2017

A recent New York Times article on reverse mortgages published a common error that feeds into negative misconceptions that continue to hinder using home equity as a strategic retirement income source.

New Fiduciary Rule For Financial Advisors Moves The Needle, But in Which Direction?

June 14, 2017

On June 9, 2017, the financial services world changed forever (maybe), as more financial advisors than ever are now acting under a fiduciary standard of care. This news should have been bigger, but it was not.

3 Things Most Americans Want In Retirement And How To Get Them

May 26, 2017

Gone are the days when the word “retirement” conjured up a do-nothing, rocking chair existence. Today’s retirement is a whole different ballgame. We now know that retirement is really a process, and that it involves a continuum that changes over time.

Labor Secretary Acosta Concedes Fiduciary Rule Cannot Be Legally Stopped Before June 9th

May 23, 2017

It looks like the wait is finally over as Labor Secretary Alexander Acosta stated in an opinion piece for The Wall Street Journal today that the Department of Labor has “found no principled legal basis to change the June 9 date.”

Americans Fail Retirement Planning Literacy Quiz, Low Literacy Linked to Poor Planning

May 8, 2017

Americans nearing and in retirement don’t know enough about retirement income planning according to a new survey by The American College of Financial services, as roughly 75% of survey respondents failed the 38-question retirement planning quiz.

Why Life Insurance is Essential for Retirement Planning

April 27, 2017

Many people do not view life insurance as an essential and vital part of a retirement income plan. They see life insurance primarily as a way to protect families from the early loss of a breadwinner during the working years. However, life insurance has the potential to be so much more if properly utilized in a comprehensive retirement income plan.

How Your House Can Help Pay For Retirement

April 24, 2017

The baby boomer generation is facing a retirement income shortfall. This is no surprise if you take a look at how much money the average retiree has saved for retirement. According to U.S. census data, the average 65-year-old couple has about $100,000 saved for retirement.

7 Key Points To Follow With Trump's Tax Reform

April 10, 2017

With health care reform potentially on the back burner, President Trump and Congress will begin to shift some focus onto tax reform. Tax reform, according to a number of polls, is supported by the majority of United States citizens.

Under Trump The Future Of Fiduciary Rule Is Uncertain As DOL Delays Rule

April 6, 2017

Since the mid-1970s a “fiduciary” standard of care has been required for some individuals that render investment advice to retirement plans. The purpose of the rule is to protect consumers by requiring that the investment advisor acts in the best interest of their client and avoids conflicts of interest.