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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 Center for Retirement Income.

5 Retirement Planning Wrinkles for Couples With Big Age Gaps

April 30, 2019
Eleanor Laise

Much of the standard retirement advice may not work for age-gap couples. “You have to throw away the playbook that you would use for a couple retiring at a similar age,” says Steve Parrish, director of the retirement income center at The American College.

The 60/40 Portfolio Is Dead for Retirement Planning

April 23, 2019
Rebecca Lake

Getting your asset allocation right is one of the fundamental rules of building a portfolio. Being over- or underweight in a specific asset class could skew your returns or increase your risk. A 60/40 portfolio, which divides assets between equities and fixed income, is a classic approach to allocation.

The American College of Financial Services Appoints Wade Pfau as Director of the Retirement Income Certified Professional® (RICP®) Designation Program

April 9, 2019

The American College of Financial Services today announced that Wade D. Pfau, PhD, CFA®, has been named Director of The American College's leading Retirement Income Certified Professional® (RICP®) Program. Pfau will also now serve as Co-Director of the New York Life Center for Retirement Income, joining Steve Parrish, JD, RICP®, as Center Co-Director.

Bigger 401(k) Contributions Are Easier for Empty Nesters

April 8, 2019
Chris Farrell

Looked at your 401(k) statement lately? Your investment accounts are probably doing well overall, but the total still seems too small to maintain your lifestyle in retirement. You know you should have saved more in your 20s and 30s, but it wasn’t easy with a layoff, two kids, buying a home, and taking vacations.

Interest Rates are Staying the Same in 2019

April 8, 2019
Jean Chatzky

Recently, the Federal Reserve announced that the federal funds rate — its benchmark short-term interest rate — would remain unchanged for the remainder of 2019. Forgoing previous plans to deliver two additional rate hikes this year, instead rates will stay in the 2.25% to 2.5% range.

Pension Puzzles that Need Urgent Attention in Kenya

April 1, 2019
Arth Shah

Money is a word that resonates well with you and saving is a word that your parents, teachers or relatives always (probably) talk to you about while pension or retirement is a word that you probably don’t take seriously (or you do, if you are ready to retire).

11 Best Retirement Plans in 2019

March 22, 2019
Barbara Whelehan

If you have young kids or you’re still building your career, retirement may not be top of mind at this point in your life. But someday, if you’re lucky and save on a regular basis, it will be.

Meet Our New Retirement Columnist

March 20, 2019

In 2012, professor David Littell was spearheading the development of a new retirement income education program at The American College of Financial Services that would later become the retirement income certified professional (RICP) designation. He was looking for a professional to help him build out the program, specifically someone with a top-level degree who had experience with ERISA and taxes.

How to Deal with a Market Dip if You're About to Retire

March 19, 2019
Beth Braverman

Selling your stocks is not only a bad idea in the short-term, it can pose a much bigger threat to your overall retirement — you could run out of money. “Don’t over-correct and move everything into cash,” says Steve Parrish.

Financial Literacy Awareness Can Greatly Improve

March 18, 2019
Steff Chalk

Financial literacy awareness programs’ impact on retirement savings patterns seems to be headed in a positive direction. Numerous studies on financial literacy awareness conclude that such education efforts do, indeed, have a significant impact on retirement preparedness.