In case you missed <a href=http://www.investmentnews.com/article/20120212/REG/302129979>my last column</a> in the print edition of InvestmentNews on February 13, 2012, I wrote about one of the latest buzz words in retirement income planning: longevity insurance.
Increased longevity and the Great Recession are making Baby Boomers reassess the normal retirement age
If there is a silver lining to the financial crisis, it may be that Americans are finally waking up to the notion that they need to save more for retirement.
Even for the typically affluent clients of financial advisers, informed decisions about how and when to claim Social Security benefits can mean thousands of extra dollars a year, and tens of thousands of dollars over a lifetime. Are you prepared to advise clients on this crucial decision?