Financial Planning Articles
Midyear Checkups: AAII Members Weigh in With Disparate Opinions
August 2026 by Jenna Brashear
A lively exchange on performing a midyear financial checkup brought out wildly different philosophies among AAII members.
August 2026 by Jenna Brashear
A lively exchange on performing a midyear financial checkup brought out wildly different philosophies among AAII members.
Trump Accounts: Key Rules to Know Before You Contribute
August 2026 by Charles Rotblut
The positives and caveats to consider with the new Trump Accounts.
August 2026 by Charles Rotblut
The positives and caveats to consider with the new Trump Accounts.
What to Do When You Get a Large Windfall
August 2026 by Sam Levine
Regardless of where newfound wealth comes from, it’s important to prepare to manage it properly.
August 2026 by Sam Levine
Regardless of where newfound wealth comes from, it’s important to prepare to manage it properly.
Managing the Tax Impact of Capital Gains Stacking
April 2026 by Charles Rotblut
Understanding all the income sources and deductions that drive your tax bill can help you identify opportunities to lessen their tax impact.
April 2026 by Charles Rotblut
Understanding all the income sources and deductions that drive your tax bill can help you identify opportunities to lessen their tax impact.
Opportunities for Donor-Advised Funds Opened by the OBBBA
March 2026 by Sam Levine
When used properly, donor-advised funds allow donors to align their gifts with their tax situation.
March 2026 by Sam Levine
When used properly, donor-advised funds allow donors to align their gifts with their tax situation.
This Isn't Your Grandpa's Retirement
October 2025 by Cynthia McLaughlin
AAII Retirement Investing guides retirees and those saving for retirement through the constantly evolving challenges and opportunities.
October 2025 by Cynthia McLaughlin
AAII Retirement Investing guides retirees and those saving for retirement through the constantly evolving challenges and opportunities.
A One-Page Wealth-Building Plan for Managing the Costs of Late-in-Life Care
April 2025 by Charles Rotblut
One of the biggest challenges in financial planning and investing is longevity risk. A one-page PRISM plan can help you prepare for the forthcoming costs.
April 2025 by Charles Rotblut
One of the biggest challenges in financial planning and investing is longevity risk. A one-page PRISM plan can help you prepare for the forthcoming costs.
Smart Leverage vs. Debt-Free Living: Which Helps Build Wealth Faster?
April 2025 by Jenna Brashear
Share your thoughts on strategically using debt for wealth-building.
April 2025 by Jenna Brashear
Share your thoughts on strategically using debt for wealth-building.
Key Financial and Estate Planning Steps for Aging Parents and Children
March 2025 by Charles Rotblut
Insights from our personal experiences can help you prepare your loved ones to handle the financial planning and management needed after your death.
March 2025 by Charles Rotblut
Insights from our personal experiences can help you prepare your loved ones to handle the financial planning and management needed after your death.
Mind Over Money: Financial Awareness Drives Smarter Decisions
March 2025 by Omar Beirat
Higher financial awareness levels lead to increased savings, lower credit card delinquency and improved retirement planning.
March 2025 by Omar Beirat
Higher financial awareness levels lead to increased savings, lower credit card delinquency and improved retirement planning.
Understanding the Role of Long-Term Care Insurance
March 2025 by Charles Rotblut, Cynthia McLaughlin, Howard Gleckman
Dispelling misconceptions can help you make an informed decision.
March 2025 by Charles Rotblut, Cynthia McLaughlin, Howard Gleckman
Dispelling misconceptions can help you make an informed decision.
A One-Page Wealth-Building Plan for College Savings
January 2025 by Charles Rotblut
Creating a plan for funding college can help you clarify what choices you will make and keep you on track to meet your goal.
January 2025 by Charles Rotblut
Creating a plan for funding college can help you clarify what choices you will make and keep you on track to meet your goal.
Big Financial Goals for 2025? Start Small (Like Finding Your Tax Forms)
January 2025 by Jenna Brashear
Share your financial goals for 2025 and how you will measure your success.
January 2025 by Jenna Brashear
Share your financial goals for 2025 and how you will measure your success.
Finding the Right Retirement Allocation and Withdrawal Strategy
October 2024 by Christine Benz, Cynthia McLaughlin
A bucket approach provides income and growth in retirement, but flexibility with withdrawals is also key.
October 2024 by Christine Benz, Cynthia McLaughlin
A bucket approach provides income and growth in retirement, but flexibility with withdrawals is also key.
Shifting Control of Personal Finances With a Daily Money Manager
October 2024 by Charles Rotblut, Cynthia McLaughlin, Susie Marbury
How to choose the right professional when you or a loved one needs help with finances like bill paying.
October 2024 by Charles Rotblut, Cynthia McLaughlin, Susie Marbury
How to choose the right professional when you or a loved one needs help with finances like bill paying.
Maximizing Retirement Income With Asset Location
August 2024 by Charles Rotblut
While smart asset location can reduce your tax exposure in retirement, be sure not to let the tax tail wag the portfolio dog.
August 2024 by Charles Rotblut
While smart asset location can reduce your tax exposure in retirement, be sure not to let the tax tail wag the portfolio dog.
3 Ways to Redo Your Social Security Claim
July 2024 by William Reichenstein
Certain circumstances may allow you to improve your retirement prospects by changing a prior Social Security claiming decision.
July 2024 by William Reichenstein
Certain circumstances may allow you to improve your retirement prospects by changing a prior Social Security claiming decision.
A One-Page Plan for Maximizing Long-Term Wealth
July 2024 by Charles Rotblut
The flexibility of the PRISM Wealth-Building Process includes its ability to be adapted for the purpose of simply accumulating wealth.
July 2024 by Charles Rotblut
The flexibility of the PRISM Wealth-Building Process includes its ability to be adapted for the purpose of simply accumulating wealth.
For Qualified Charitable Distributions, Timing Is Everything
May 2024 by Brian Dobbis
With careful planning, a QCD can be a smart tax-planning strategy for an IRA holder taking distributions.
May 2024 by Brian Dobbis
With careful planning, a QCD can be a smart tax-planning strategy for an IRA holder taking distributions.
A One-Page Wealth-Building Plan for First-Time Homebuyers and Other Short-Term Goals
April 2024 by Charles Rotblut
Saving for goals you want to reach within the next five years entails different risk considerations and allocation choices than long-term goals.
April 2024 by Charles Rotblut
Saving for goals you want to reach within the next five years entails different risk considerations and allocation choices than long-term goals.
How to Protect Yourself From Social Security Clawbacks
April 2024 by Charles Rotblut, Terry Savage, Cynthia McLaughlin
The Social Security Administration is demanding repayment of benefits it erroneously overpaid over the years, with little recourse available to recipients.
April 2024 by Charles Rotblut, Terry Savage, Cynthia McLaughlin
The Social Security Administration is demanding repayment of benefits it erroneously overpaid over the years, with little recourse available to recipients.
Passing the Financial Torch: Start the Generational Dialogue
April 2024 by Jenna Brashear
For National Financial Capability Month this April, AAII is all about bringing different generations together, from baby boomers to Generation Z.
April 2024 by Jenna Brashear
For National Financial Capability Month this April, AAII is all about bringing different generations together, from baby boomers to Generation Z.
Informal Care Essential to Narrowing the Long-Term Care Expense Gap
February 2024 by Grace Malone
When examining elder care in the U.S., informal care is often more significant than formal care.
February 2024 by Grace Malone
When examining elder care in the U.S., informal care is often more significant than formal care.
A One-Page Wealth-Building Plan for Leaving an IRA Inheritance
January 2024 by Charles Rotblut
How to create a high-level summary of an intended bequest that ensures you reach your goal.
January 2024 by Charles Rotblut
How to create a high-level summary of an intended bequest that ensures you reach your goal.
Even When Using a CPA, Taxpayers Must Ensure Their Returns Are Filed
January 2024 by Andrew Gomes
It is the responsibility of the taxpayer to ensure their tax return has been filed, even when an accountant or other tax preparer is hired, ruled the U.S. Court of Appeals for the 11th Circuit.
January 2024 by Andrew Gomes
It is the responsibility of the taxpayer to ensure their tax return has been filed, even when an accountant or other tax preparer is hired, ruled the U.S. Court of Appeals for the 11th Circuit.
A Case Study: How to Reduce Marginal Tax Rates in Retirement
November 2023 by William Reichenstein, William Meyer
Combining an optimal Social Security claiming strategy with a multiphase withdrawal strategy that exploits the rising and falling pattern of marginal tax rates can add substantial value to a retirement portfolio.
November 2023 by William Reichenstein, William Meyer
Combining an optimal Social Security claiming strategy with a multiphase withdrawal strategy that exploits the rising and falling pattern of marginal tax rates can add substantial value to a retirement portfolio.
How Safe Retirement Withdrawal Rates Work in Practice
November 2023 by Chris Pedersen
The 4% rule doesn’t guarantee safety, but combined with some judgment and adaptation based on market conditions, it gives a very high likelihood of success.
November 2023 by Chris Pedersen
The 4% rule doesn’t guarantee safety, but combined with some judgment and adaptation based on market conditions, it gives a very high likelihood of success.
Guiding Heirs: Estate Planning and Investing Talks
October 2023 by Charles Rotblut
The PRISM Wealth-Building Process can assist with communication when passing along your investing knowledge, your inventory of important documents and your final wishes.
October 2023 by Charles Rotblut
The PRISM Wealth-Building Process can assist with communication when passing along your investing knowledge, your inventory of important documents and your final wishes.
The Importance of Considering Marginal Taxes When Taking Withdrawals
September 2023 by William Reichenstein, William Meyer
Your withdrawal strategy should be optimized to take into account potential spikes in marginal tax rates caused by factors like taxation of Social Security benefits and income-based Medicare premiums.
September 2023 by William Reichenstein, William Meyer
Your withdrawal strategy should be optimized to take into account potential spikes in marginal tax rates caused by factors like taxation of Social Security benefits and income-based Medicare premiums.
Changes Made to Retirement Savings by SECURE 2.0 Act
July 2023 by Charles Rotblut
The rules in plain-English plus post-passage observations can help you make changes for the current and future tax years.
July 2023 by Charles Rotblut
The rules in plain-English plus post-passage observations can help you make changes for the current and future tax years.
Reasons That Investors Part Ways With Their Financial Adviser
July 2023 by Pratham Shah
There are several common, but multi-dimensional, reasons that advisers are terminated by their clients according to research by Morningstar.
July 2023 by Pratham Shah
There are several common, but multi-dimensional, reasons that advisers are terminated by their clients according to research by Morningstar.
The Rules Regarding Retirement Account Rollovers
May 2023 by Charles Rotblut
Terms and tips to help you decide whether to transfer retirement savings from one account to another.
May 2023 by Charles Rotblut
Terms and tips to help you decide whether to transfer retirement savings from one account to another.
Investing for a Child’s or Grandchild’s Lifetime
April 2023 by Paul Merriman
Any plan to help a young family member provide for their future starts with the most important component: time.
April 2023 by Paul Merriman
Any plan to help a young family member provide for their future starts with the most important component: time.
The Truth About Annuities and Inflation
March 2023 by Stan Haithcock
While there is no annuity strategy that perfectly solves for inflation, specific types of annuities can lessen its sting.
March 2023 by Stan Haithcock
While there is no annuity strategy that perfectly solves for inflation, specific types of annuities can lessen its sting.
A Financial Roadmap for Grief, Recovery and Well-Being
October 2022 by Lacy Garcia, Reilly Robbins
Open conversations help you and your loved ones become more financially healthy and prepared for future uncertainties.
October 2022 by Lacy Garcia, Reilly Robbins
Open conversations help you and your loved ones become more financially healthy and prepared for future uncertainties.
Financial Planning Tips for Empty Nesters
July 2022 by Charles Rotblut
A thorough review of your wealth-building plan is called for when children become financially independent.
July 2022 by Charles Rotblut
A thorough review of your wealth-building plan is called for when children become financially independent.
11 Key Retirement Dates You Should Pay Attention To
April 2022 by Charles Rotblut
Meeting important retirement deadlines doesn’t have to be confusing if you plan early.
April 2022 by Charles Rotblut
Meeting important retirement deadlines doesn’t have to be confusing if you plan early.
Generational Financial Literacy and Well-Being
January 2022 by Charles Griswold
A study found that Generation Z adults (ages 18 to 23) exhibit lower financial literacy compared to older generations, with financial well-being directly tied to literacy levels.
January 2022 by Charles Griswold
A study found that Generation Z adults (ages 18 to 23) exhibit lower financial literacy compared to older generations, with financial well-being directly tied to literacy levels.
Update Your Estate Plan for Your IRAs
October 2021 by Ed Slott
Most non-spouse beneficiaries of retirement accounts are subject to the SECURE Act’s 10-year withdrawal rule, but not all.
October 2021 by Ed Slott
Most non-spouse beneficiaries of retirement accounts are subject to the SECURE Act’s 10-year withdrawal rule, but not all.
Can a Roth IRA Conversion Save You Money?
September 2021 by Roger Young
Moving assets from a traditional IRA to a Roth IRA is most compelling when you pay tax on the converted amount at a relatively low rate.
September 2021 by Roger Young
Moving assets from a traditional IRA to a Roth IRA is most compelling when you pay tax on the converted amount at a relatively low rate.
Leaving a Passion for Investing as a Legacy
April 2021 by Christine N. Kieffer
What you can do to spark loved ones’ interest in investing and further their financial acumen.
April 2021 by Christine N. Kieffer
What you can do to spark loved ones’ interest in investing and further their financial acumen.
The Impact Life Milestones Have on Wealth
February 2021 by AAII Staff
To better understand wealth disparities, researchers examined changes in wealth during life milestones such as marriage, divorce, childrearing, homeownership, retirement, the onset of health shocks and widowhood.
February 2021 by AAII Staff
To better understand wealth disparities, researchers examined changes in wealth during life milestones such as marriage, divorce, childrearing, homeownership, retirement, the onset of health shocks and widowhood.
Are You Protected If Your Broker Goes Bankrupt?
January 2021 by John Deysher
For most investors, there are several layers of protection to keep your assets from disappearing in the event of a broker liquidation.
January 2021 by John Deysher
For most investors, there are several layers of protection to keep your assets from disappearing in the event of a broker liquidation.
17 Financial and Investing Moves for 2020
December 2020 by Charles Rotblut
Your tax picture may have changed this year because of the coronavirus, making it all the more essential to check for adjustments before 2021.
December 2020 by Charles Rotblut
Your tax picture may have changed this year because of the coronavirus, making it all the more essential to check for adjustments before 2021.
A Primer on Social Security
October 2020 by Robert Muksian
Understanding the key concepts involved in calculating Social Security benefits can aid in your retirement planning.
October 2020 by Robert Muksian
Understanding the key concepts involved in calculating Social Security benefits can aid in your retirement planning.
Comparing and Contrasting Budgeting Apps
October 2020 by AAII Staff
Using a budgeting app makes setting up and managing a personal budget easier, faster and more accurate.
October 2020 by AAII Staff
Using a budgeting app makes setting up and managing a personal budget easier, faster and more accurate.
Inherited IRA Rules Before and After the SECURE Act
July 2020 by Charles Rotblut
The ability to stretch distributions over a beneficiary’s lifetime now depends on the date of death and the beneficiary’s category type.
July 2020 by Charles Rotblut
The ability to stretch distributions over a beneficiary’s lifetime now depends on the date of death and the beneficiary’s category type.
Coronavirus Returns for Robo-Advisers Expose Differences
June 2020 by Ken Schapiro
While performance has varied among providers, most robo portfolios represent a viable, low-cost option for professional management.
June 2020 by Ken Schapiro
While performance has varied among providers, most robo portfolios represent a viable, low-cost option for professional management.
The Benefits and Costs of Long-Term Care Insurance
June 2020 by Terry Savage
A little bit of insurance coverage for long-term care could make a big difference for your entire family. And now there’s a new policy type worth considering.
June 2020 by Terry Savage
A little bit of insurance coverage for long-term care could make a big difference for your entire family. And now there’s a new policy type worth considering.
The Relationship Between Wealth and Delaying Social Security Benefits
June 2020 by William Reichenstein
Taxpayers with moderate levels of wealth can often lower the taxable portion of their Social Security benefits by delaying the start of these benefits.
June 2020 by William Reichenstein
Taxpayers with moderate levels of wealth can often lower the taxable portion of their Social Security benefits by delaying the start of these benefits.
What the SEC Is Doing for Individual Investors
June 2020 by Charles Rotblut, Lori J. Schock, Jay Clayton
The SEC chairman and education director address AAII members’ concerns in a wide-ranging discussion covering the volatile markets, investor scams, SEC initiatives and teaching your kids.
June 2020 by Charles Rotblut, Lori J. Schock, Jay Clayton
The SEC chairman and education director address AAII members’ concerns in a wide-ranging discussion covering the volatile markets, investor scams, SEC initiatives and teaching your kids.
The Top SECURE Act Provisions Individual Investors Should Be Aware Of
April 2020 by Jamie P. Hopkins
Changes to retirement plan rules may impact your retirement and estate planning. Learn what you need to know.
April 2020 by Jamie P. Hopkins
Changes to retirement plan rules may impact your retirement and estate planning. Learn what you need to know.
Key End-of-Life Planning Tasks to Complete
March 2020 by Michael Falk
With estate documents and inventory lists in place, you can focus on the more important nonfinancial questions.
March 2020 by Michael Falk
With estate documents and inventory lists in place, you can focus on the more important nonfinancial questions.
Planning Essentials for Modest Estates
October 2019 by John Horn, Dera Johnsen-Tracy
Modest estates are particularly susceptible to the vicissitudes of life, whether financial, health or legal. Failure to plan well can be catastrophic. An explanation of the essential documents you need.
October 2019 by John Horn, Dera Johnsen-Tracy
Modest estates are particularly susceptible to the vicissitudes of life, whether financial, health or legal. Failure to plan well can be catastrophic. An explanation of the essential documents you need.
Using Portfolio Returns to Determine When to Claim Social Security Benefits
August 2019 by Brian L. Betker
Upon reaching full retirement age, a retiree can look back at the performance of their nest egg portfolio to determine whether to claim immediately or wait until credits for delayed claiming stop.
August 2019 by Brian L. Betker
Upon reaching full retirement age, a retiree can look back at the performance of their nest egg portfolio to determine whether to claim immediately or wait until credits for delayed claiming stop.
Avoid Becoming a Victim of Investment Schemes
July 2019 by H. Kent Baker, Vesa Puttonen
The creative imaginations of con artists permit almost limitless ways to swindle investors. Your best line of defense is education and awareness.
July 2019 by H. Kent Baker, Vesa Puttonen
The creative imaginations of con artists permit almost limitless ways to swindle investors. Your best line of defense is education and awareness.
Five Major Considerations for Early Retirement
June 2019 by Charles Rotblut
Regardless of whether retiring early is planned or involuntary, taking the time to create a comprehensive plan is critical.
June 2019 by Charles Rotblut
Regardless of whether retiring early is planned or involuntary, taking the time to create a comprehensive plan is critical.
Robo-Advisers Expand Services and Experience Some Growing Pains
June 2019 by Ken Schapiro
An update on the digital advice industry reveals growing popularity as services are added, along with a few regulatory challenges and other missteps that require investor diligence.
June 2019 by Ken Schapiro
An update on the digital advice industry reveals growing popularity as services are added, along with a few regulatory challenges and other missteps that require investor diligence.
Health Insurance in Retirement: Medicare and Beyond
April 2019 by Steve Vernon
The risk of high medical bills during retirement calls for a well-thought-out plan, especially at age 65, when you’re eligible for universal medical coverage under Medicare. Many crucial aspects of health insurance have the potential to save you a lot of money—or cost a lot if you aren’t paying attention.
April 2019 by Steve Vernon
The risk of high medical bills during retirement calls for a well-thought-out plan, especially at age 65, when you’re eligible for universal medical coverage under Medicare. Many crucial aspects of health insurance have the potential to save you a lot of money—or cost a lot if you aren’t paying attention.
19 Year-End Financial and Investing Moves
December 2018 by Charles Rotblut
Actionable steps covering personal finance, estate planning, investing, retirement and taxes that investors should consider taking now.
December 2018 by Charles Rotblut
Actionable steps covering personal finance, estate planning, investing, retirement and taxes that investors should consider taking now.
Beyond the Index Card: Implementing the Advice of the Financial Experts
November 2018 by Charles Rotblut, Harold Pollack
The story behind Pollack’s index card, which contains the best financial advice individuals need, and the lesson’s he’s learned.
November 2018 by Charles Rotblut, Harold Pollack
The story behind Pollack’s index card, which contains the best financial advice individuals need, and the lesson’s he’s learned.
Using Beneficiary-Directed Trusts to Protect Your Heirs
October 2018 by John Horn, Dera Johnsen-Tracy
These trusts can protect a beneficiary from losing inherited trust assets to creditors, claimants and divorcing spouses.
October 2018 by John Horn, Dera Johnsen-Tracy
These trusts can protect a beneficiary from losing inherited trust assets to creditors, claimants and divorcing spouses.
Well-Built 529 Plans Can Be a Great Option for College Savings
October 2018 by Karen Wallace
529 plans allow investment earnings to compound and withdrawals to be taken for qualified college expenses on a tax-free basis.
October 2018 by Karen Wallace
529 plans allow investment earnings to compound and withdrawals to be taken for qualified college expenses on a tax-free basis.
Advice on Evaluating an Adviser From an Industry Veteran
September 2018 by William Francavilla
Identifying a good adviser requires conducting a background check and then asking them five important questions.
September 2018 by William Francavilla
Identifying a good adviser requires conducting a background check and then asking them five important questions.
Increasing Your Retirement Resources: The Power of Working Longer
July 2018 by Jason Scott, John B. Shoven, Sita Nataraj Slavov
Postponing retirement by even just one year can boost a couple’s annual inflation-adjusted retirement income by 6.5% to 8.0%.
July 2018 by Jason Scott, John B. Shoven, Sita Nataraj Slavov
Postponing retirement by even just one year can boost a couple’s annual inflation-adjusted retirement income by 6.5% to 8.0%.
Social Security and Medicare Can Raise Retirees' Tax Rates
April 2018 by William Reichenstein, William Meyer
Higher levels of income not only affect the taxation of Social Security benefits, but can also lead to higher Medicare premiums.
April 2018 by William Reichenstein, William Meyer
Higher levels of income not only affect the taxation of Social Security benefits, but can also lead to higher Medicare premiums.
Retirement Planning Strategies Following the 2017 Tax Act
March 2018 by William Reichenstein, William Meyer
The lower tax rates and higher standard deductions make taking advantage of Roth IRAs more attractive now.
March 2018 by William Reichenstein, William Meyer
The lower tax rates and higher standard deductions make taking advantage of Roth IRAs more attractive now.
Inherited IRA Rules for Spouses, Heirs and Trusts
July 2017 by Charles Rotblut
Inherited IRAs differ from traditional and Roth IRAs, with the rules dependent on who the beneficiary is. What you need to know.
July 2017 by Charles Rotblut
Inherited IRAs differ from traditional and Roth IRAs, with the rules dependent on who the beneficiary is. What you need to know.
When You Haven't Saved Enough for Retirement
May 2017 by Charles Rotblut
Saving more, working longer, delaying the claiming of Social Security benefits and tapping home equity can all help fund retirement.
May 2017 by Charles Rotblut
Saving more, working longer, delaying the claiming of Social Security benefits and tapping home equity can all help fund retirement.
A Financial Planner’s Guidance for Women on Planning for Retirement
November 2016 by Mary Jo Herseth
Consider the impact of each medical, financial and legal decision you have to make as well as your and your spouse’s vision for retirement.
November 2016 by Mary Jo Herseth
Consider the impact of each medical, financial and legal decision you have to make as well as your and your spouse’s vision for retirement.
The Art of Creating an Investment Policy Statement
November 2016 by Clark M. Blackman
An investment policy statement helps to guide your portfolio decisions by defining your strategy, expectations and evaluation criteria.
November 2016 by Clark M. Blackman
An investment policy statement helps to guide your portfolio decisions by defining your strategy, expectations and evaluation criteria.
12 Guidelines for Widows, and Suggestions for Husbands
October 2016 by Karen C. Altfest
Suggestions on how to avoid common mistakes and gain control of finances following (and even before) the death of a spouse.
October 2016 by Karen C. Altfest
Suggestions on how to avoid common mistakes and gain control of finances following (and even before) the death of a spouse.
The Tax Advantages of Qualified Charitable Distributions From IRAs
October 2016 by William Reichenstein, Kirsten A. Cook, Harry Harelik
Making charitable donations directly from an IRA can both reduce taxes and keep future Medicare premiums lower.
October 2016 by William Reichenstein, Kirsten A. Cook, Harry Harelik
Making charitable donations directly from an IRA can both reduce taxes and keep future Medicare premiums lower.
What the Evolving Robo Advisory Industry Offers
October 2016 by Jaclyn N. McClellan
Acquisitions and new, large entrants have altered the competitive landscape, but robo-advisors continue to focus on providing low-cost portfolio management services.
October 2016 by Jaclyn N. McClellan
Acquisitions and new, large entrants have altered the competitive landscape, but robo-advisors continue to focus on providing low-cost portfolio management services.
IRA Rollover Chart: Rules Regarding Rollovers and Conversions
July 2016 by Charles Rotblut
A helpful chart showing what types of retirement accounts can be rolled over or converted into another type of retirement account.
July 2016 by Charles Rotblut
A helpful chart showing what types of retirement accounts can be rolled over or converted into another type of retirement account.
Life After a Loss: 6 Smart Steps for Coping With Widowhood
July 2016 by Karen C. Altfest
Guidance on which steps should be taken within few months of a spouse’s passing and which steps can and should be postponed.
July 2016 by Karen C. Altfest
Guidance on which steps should be taken within few months of a spouse’s passing and which steps can and should be postponed.
Steps to Smoothly Transfer Control of Your Family's Finances
May 2016 by Douglas McCormick
Succession planning is one of the most the important actions to ensure your family thrives from a financial standpoint for many generations.
May 2016 by Douglas McCormick
Succession planning is one of the most the important actions to ensure your family thrives from a financial standpoint for many generations.
The Labor Department's Fiduciary Rule for Retirement Accounts
May 2016 by Charles Rotblut
The new rule requires that financial professionals put their clients’ interests first, but investors should not let their guard down.
May 2016 by Charles Rotblut
The new rule requires that financial professionals put their clients’ interests first, but investors should not let their guard down.
Assessing Your Life Insurer’s Financial Performance
April 2016 by Brian Fechtel
The value of a policy depends on the financial performance of an insurer, which can be assessed by analyzing its financial statements.
April 2016 by Brian Fechtel
The value of a policy depends on the financial performance of an insurer, which can be assessed by analyzing its financial statements.
The Changes to Social Security Claiming Strategies
January 2016 by Charles Rotblut
Couples will no longer be able to use file and suspend and restricted applications, increasing the importance of considering each spouse’s longevity.
January 2016 by Charles Rotblut
Couples will no longer be able to use file and suspend and restricted applications, increasing the importance of considering each spouse’s longevity.
Why Your Financial Adviser Should Be a Fiduciary
November 2015 by Larry Stein
The fiduciary standard requires that the interest of the client be put first, making it stricter than the suitability standard.
November 2015 by Larry Stein
The fiduciary standard requires that the interest of the client be put first, making it stricter than the suitability standard.
When It's Time to Transfer Financial Decision-Making
September 2015 by Robert R. Johnson, David A. Littell
Failing to plan for a transfer of financial responsibilities can undo years of careful plans. Actionable steps to protect you and your heirs.
September 2015 by Robert R. Johnson, David A. Littell
Failing to plan for a transfer of financial responsibilities can undo years of careful plans. Actionable steps to protect you and your heirs.
Creating and Following a Real Financial Plan
August 2015 by Carl Richards
Understanding why money is important can create a framework for making better financial decisions in the future.
August 2015 by Carl Richards
Understanding why money is important can create a framework for making better financial decisions in the future.
Using Annuities for Long-Term Health Care
July 2015 by Stan Haithcock
Long-term care annuities, confinement care riders and Medicare-compliant annuities can help cover the costs of long-term care.
July 2015 by Stan Haithcock
Long-term care annuities, confinement care riders and Medicare-compliant annuities can help cover the costs of long-term care.
What Exactly Do Online Investment Advisory Services Offer?
January 2015 by Jaclyn N. McClellan
In contrast with the moniker of “robo-adviser,” online advisory services vary in the features they offer and how they interact with clients.
January 2015 by Jaclyn N. McClellan
In contrast with the moniker of “robo-adviser,” online advisory services vary in the features they offer and how they interact with clients.
Social Security: Delay Benefits at the Expense of Personal Savings?
December 2014 by Marty Allenbaugh
By strategically choosing when and how to claim Social Security benefits, singles, divorced individuals and married couples can optimize their retirement income.
December 2014 by Marty Allenbaugh
By strategically choosing when and how to claim Social Security benefits, singles, divorced individuals and married couples can optimize their retirement income.
Avoid the Top 10 Mistakes Made With Beneficiary Designations
November 2014 by John Horn, Dera Johnsen-Tracy
These 10 mistakes can derail well-intentioned estate plans and result in unintended consequences for your estate and your heirs.
November 2014 by John Horn, Dera Johnsen-Tracy
These 10 mistakes can derail well-intentioned estate plans and result in unintended consequences for your estate and your heirs.
Misunderstanding Variable Universal Life Can Lead to Adverse Consequences
October 2014 by Peter Katt
Bad market conditions can cause the cash value of these policies to be much lower than forecast. Find out how to best use these policies.
October 2014 by Peter Katt
Bad market conditions can cause the cash value of these policies to be much lower than forecast. Find out how to best use these policies.
Retirement Planning: Focus First on Covering Fixed Expenses
September 2014 by Michael Falk
Once all fixed costs have been immunized, withdrawal rates no longer matter as any additional retirement assets can be used for discretionary spending.
September 2014 by Michael Falk
Once all fixed costs have been immunized, withdrawal rates no longer matter as any additional retirement assets can be used for discretionary spending.
The Right Type of Life Insurance for Your Estate Planning Needs
July 2014 by Peter Katt
Life insurance works well for estate planning because of when benefits are paid and the ability to create wealth for heirs outside of the estate.
July 2014 by Peter Katt
Life insurance works well for estate planning because of when benefits are paid and the ability to create wealth for heirs outside of the estate.
From Saver to Spender: Managing Your Money in Retirement
May 2014 by Carrie Schwab-Pomerantz
Following these nine guidelines can help reduce your financial stress and increase the odds of enjoying a successful retirement.
May 2014 by Carrie Schwab-Pomerantz
Following these nine guidelines can help reduce your financial stress and increase the odds of enjoying a successful retirement.
A More Dynamic Approach to Retirement Spending
April 2014 by Colleen M. Jaconetti, Francis M. Kinniry, Michael DiJoseph
Establishing a “ceiling and floor” for portfolio withdrawal rates keeps spending relatively consistent, while remaining responsive to market conditions.
April 2014 by Colleen M. Jaconetti, Francis M. Kinniry, Michael DiJoseph
Establishing a “ceiling and floor” for portfolio withdrawal rates keeps spending relatively consistent, while remaining responsive to market conditions.
Social Security Strategies for Couples
December 2013 by William Reichenstein, William Meyer
By understanding the complexities and making smart claiming decisions, couples can add more to their lifetime benefits than singles can.
December 2013 by William Reichenstein, William Meyer
By understanding the complexities and making smart claiming decisions, couples can add more to their lifetime benefits than singles can.
Social Security Strategies for Singles
November 2013 by William Reichenstein, William Meyer
The optimal age for a single individual claiming benefits depends on life expectancy and the need to extend a retirement portfolio’s longevity.
November 2013 by William Reichenstein, William Meyer
The optimal age for a single individual claiming benefits depends on life expectancy and the need to extend a retirement portfolio’s longevity.
Social Security Basics
October 2013 by William Reichenstein, William Meyer
In this first article of a new three-part series, the impact of a worker’s retirement age on Social Security benefits is explained.
October 2013 by William Reichenstein, William Meyer
In this first article of a new three-part series, the impact of a worker’s retirement age on Social Security benefits is explained.
Five Steps for Gaining Control of Your Investments and Avoiding Mistakes
March 2013 by Carl Richards
Simple actions you can take now to focus on the things you can control and avoid making common investment mistakes.
March 2013 by Carl Richards
Simple actions you can take now to focus on the things you can control and avoid making common investment mistakes.
Lump Sum or Annuity: Which Should You Choose at Retirement?
December 2012 by Rande Spiegelman
An annuity is attractive if you expect to live beyond normal life expectancy, but a lump sum may be better if you have other sources of income.
December 2012 by Rande Spiegelman
An annuity is attractive if you expect to live beyond normal life expectancy, but a lump sum may be better if you have other sources of income.
Retirement Withdrawals: Can You Base Them on RMDs?
December 2012 by Wei Sun, Anthony Webb
The IRS’s required minimum distributions are easy to follow and with a little modification can set the basis for a more optimal withdrawal strategy.
December 2012 by Wei Sun, Anthony Webb
The IRS’s required minimum distributions are easy to follow and with a little modification can set the basis for a more optimal withdrawal strategy.
Behavioral Errors Hurt Your Returns
July 2012 by Charles Rotblut, Daniel Kahneman
Individual investors hurt their performance by buying and selling too often, picking the wrong securities to trade, and being overconfident.
July 2012 by Charles Rotblut, Daniel Kahneman
Individual investors hurt their performance by buying and selling too often, picking the wrong securities to trade, and being overconfident.
Finding the Right Withdrawal Rate: One Key to
Portfolio Sustainability
July 2012 by Maria Crawford Scott
A proper withdrawal approach ensures your retirement savings last, and allows you to separate your allocation decisions from your income needs.
July 2012 by Maria Crawford Scott
A proper withdrawal approach ensures your retirement savings last, and allows you to separate your allocation decisions from your income needs.
Dishonesty, Choices and Investing
June 2012 by Charles Rotblut, Dan Ariely
The financial industry’s bad incentive structure leads to higher costs, but investors can counteract dishonesty simply by asking direct questions.
June 2012 by Charles Rotblut, Dan Ariely
The financial industry’s bad incentive structure leads to higher costs, but investors can counteract dishonesty simply by asking direct questions.
Consumer Financial Protection in the Current Economy
May 2012 by Paula Hogan
Academics and policymakers discuss how to make financial products more effective for consumers and their risks more easily understood.
May 2012 by Paula Hogan
Academics and policymakers discuss how to make financial products more effective for consumers and their risks more easily understood.
18 Recommendations for Minimizing Inheritance Conflict
April 2012 by Mark Accettura
Your estate plan can both leave a lasting legacy of love and prevent disputes, if a combination of psychology, good lawyering and common sense are used.
April 2012 by Mark Accettura
Your estate plan can both leave a lasting legacy of love and prevent disputes, if a combination of psychology, good lawyering and common sense are used.
Comparing a Bucket Strategy and a Systematic Withdrawal Strategy
April 2012 by Noelle E. Fox
Allocating a portfolio into three buckets for use in specific retirement time periods can help investors feel more confident that their savings will last.
April 2012 by Noelle E. Fox
Allocating a portfolio into three buckets for use in specific retirement time periods can help investors feel more confident that their savings will last.
Magic Numbers: Reduce the Math of Annuities to Simple Arithmetic
October 2011 by Robert Muksian
Magic numbers are used in shortcuts that help you calculate portfolio growth, how long your savings will last and how much you can withdraw.
October 2011 by Robert Muksian
Magic numbers are used in shortcuts that help you calculate portfolio growth, how long your savings will last and how much you can withdraw.
Aging and Investing: The Risk of Cognitive Impairment
September 2011 by David Laibson
Cognitive impairment afflicts approximately half of all 80-year-olds. However, there are steps investors can take to protect themselves financially.
September 2011 by David Laibson
Cognitive impairment afflicts approximately half of all 80-year-olds. However, there are steps investors can take to protect themselves financially.
Retirement Spending on Planet Vulcan: Longevity Risk and
Withdrawal Rates
September 2011 by Moshe A. Milevsky, Huaxiong Huang
The optimal amount to withdraw depends on survival probabilities, pension income, legacy goals and the willingness to risk outliving one’s assets.
September 2011 by Moshe A. Milevsky, Huaxiong Huang
The optimal amount to withdraw depends on survival probabilities, pension income, legacy goals and the willingness to risk outliving one’s assets.
Delaying Retirement, But Not Your Retirement Dreams
July 2011 by Christine S. Fahlund
Investors can practice retirement by continuing to work but diverting dollars meant for new retirement savings to pursuing retirement dreams now.
July 2011 by Christine S. Fahlund
Investors can practice retirement by continuing to work but diverting dollars meant for new retirement savings to pursuing retirement dreams now.
Social Security: Delay or Take the Money and Run—Act II
May 2011 by Robert Muksian
For most retirees, it makes economic sense to delay taking Social Security benefits until age 66.
May 2011 by Robert Muksian
For most retirees, it makes economic sense to delay taking Social Security benefits until age 66.
How to Check Out a Financial Advisor
April 2011 by Chuck Jaffe
Before hiring an advisor, make sure he is the right person for the job. Here are some questions to ask.
April 2011 by Chuck Jaffe
Before hiring an advisor, make sure he is the right person for the job. Here are some questions to ask.
Family and Finances: Start the Dialogue
August 2010 by Gregory Salsbury
Protecting family wealth involves discussing all aspects of financial planning, including long-term plans, with both parents and children.
August 2010 by Gregory Salsbury
Protecting family wealth involves discussing all aspects of financial planning, including long-term plans, with both parents and children.
Grandparents’ Gifting for College Education
July 2010 by Dawn Brown
Coordination is important, since gifting can impact a grandchild’s ability to get financial aid and have tax consequences.
July 2010 by Dawn Brown
Coordination is important, since gifting can impact a grandchild’s ability to get financial aid and have tax consequences.
Sorting Through Your Portfolio Mail
June 2010 by Bonnie Kirchner
Account statements, annual reports, prospectuses and proxy materials all contain important information that should be looked at.
June 2010 by Bonnie Kirchner
Account statements, annual reports, prospectuses and proxy materials all contain important information that should be looked at.
How to Value a Stream of Payments
July 2008 by AAII Staff
Are you overlooking a large pool of assets? That may occur when it is hard to put a number on an asset--for example, valuing a guaranteed steady payment stream, such as pension plan and Social Security payments, for retirees. Ignoring those assets may cause you to be too over-invested in fixed income.
July 2008 by AAII Staff
Are you overlooking a large pool of assets? That may occur when it is hard to put a number on an asset--for example, valuing a guaranteed steady payment stream, such as pension plan and Social Security payments, for retirees. Ignoring those assets may cause you to be too over-invested in fixed income.
Immediate or Income Annuities
June 2008 by AAII Staff
Annuities are primarily used as a means of securing a steady cash flow during retirement. Unlike a deferred annuity, an immediate annuity has no accumulation period--an investor simply pays the insurance company a lump sum, and then receives the stream of payments for the set time period.
June 2008 by AAII Staff
Annuities are primarily used as a means of securing a steady cash flow during retirement. Unlike a deferred annuity, an immediate annuity has no accumulation period--an investor simply pays the insurance company a lump sum, and then receives the stream of payments for the set time period.
Measured Reality: What It Takes to Reach a Net Return Goal
May 2008 by AAII Staff
Many strategies promise to "beat the market" but fail to deliver what they promise because their stated return goals are "gross" returns--before taxes and costs. Here's how to translate those goals into a reasonable expectation of what the strategy's actual--net--return will be.
May 2008 by AAII Staff
Many strategies promise to "beat the market" but fail to deliver what they promise because their stated return goals are "gross" returns--before taxes and costs. Here's how to translate those goals into a reasonable expectation of what the strategy's actual--net--return will be.
Analyzing Your Financial Health Using Personal Financial Ratios
August 2006 by Charles J. Farrell
Many individuals use financial ratios as a concise way to assess the financial health of a company. This article introduces a set of personal financial ratios to analyze your own financial standing.
August 2006 by Charles J. Farrell
Many individuals use financial ratios as a concise way to assess the financial health of a company. This article introduces a set of personal financial ratios to analyze your own financial standing.
Money Matters: Teaching Kids to Be "Trust" Worthy
August 2006 by Alan Goldfarb
The problem of raising financially responsible children is compounded when children receive trust funds. Tips on how to prepare a child or grandchild well in advance for an inheritance.
August 2006 by Alan Goldfarb
The problem of raising financially responsible children is compounded when children receive trust funds. Tips on how to prepare a child or grandchild well in advance for an inheritance.
8 Steps That Will Make Life Easier for Your Heirs
July 2006 by Deborah H. Levenson
Many people spend time planning their financial legacy, but skip relatively basic steps that can lead to administrative hassles for their heirs.
July 2006 by Deborah H. Levenson
Many people spend time planning their financial legacy, but skip relatively basic steps that can lead to administrative hassles for their heirs.
Get Organized! How to Maintain Your Personal Financial Files
May 2006 by Paula Hogan
Everyone needs to keep certain personal financial paperwork, but how do you decide which to keep and which to chuck? A guide to organizing your personal financial files.
May 2006 by Paula Hogan
Everyone needs to keep certain personal financial paperwork, but how do you decide which to keep and which to chuck? A guide to organizing your personal financial files.
Juggling Competing Goals: College vs. Retirement Funding
April 2006 by Christine S. Fahlund
What's more important, your retirement or your child's college education? While financial planners generally suggest retirement should receive priority, most parents also want to plan for their children's higher education. A look at how to balance the two goals.
April 2006 by Christine S. Fahlund
What's more important, your retirement or your child's college education? While financial planners generally suggest retirement should receive priority, most parents also want to plan for their children's higher education. A look at how to balance the two goals.
529 Plans: Educate Yourself Before You Invest
August 2005 by John Gannon
Eight key lessons that can help you make smarter choices when investing in 529 college savings plans.
August 2005 by John Gannon
Eight key lessons that can help you make smarter choices when investing in 529 college savings plans.
Surviving a Loss: Financial Planning for Widows and Widowers
August 2004 by Mark Colgan
Financial Planning: Losing a spouse is a life-changing experience. A widow or widower can easily be overwhelmed by the financial details. How can a surviving spouse regain control of their future? A guide to the financial transition process.
August 2004 by Mark Colgan
Financial Planning: Losing a spouse is a life-changing experience. A widow or widower can easily be overwhelmed by the financial details. How can a surviving spouse regain control of their future? A guide to the financial transition process.
How to Make Personal Finance "Connect" With Young Adults
August 2003 by Paula Hogan
The challenge for parents is to develop steps that will make the world of personal finance visible, credible, and appealing to young adults as they work their way through adolescence.
August 2003 by Paula Hogan
The challenge for parents is to develop steps that will make the world of personal finance visible, credible, and appealing to young adults as they work their way through adolescence.
How to Make Personal Finance "Connect" With Young Adults
August 2003 by AAII Staff
The challenge for parents is to develop steps that will make the world of personal finance visible, credible, and appealing to young adults as they work their way through adolescence.
August 2003 by AAII Staff
The challenge for parents is to develop steps that will make the world of personal finance visible, credible, and appealing to young adults as they work their way through adolescence.
Reassessing Your Risk Tolerance? Don't Overlook Estate Planning
April 2003 by AAII Staff
Important not only for protecting your assets, estate planning also assures that your assets will pass according to your wishes at the least cost and administrative burden. It can be a relatively easy, six-step process.
April 2003 by AAII Staff
Important not only for protecting your assets, estate planning also assures that your assets will pass according to your wishes at the least cost and administrative burden. It can be a relatively easy, six-step process.
A Guide to Dealing With an Estate Planning Attorney
July 2002 by Paula Hogan
Estate Planning: An up-to-date estate plan maximizes the chance that your wishes with respect to both medical and financial affairs will be carried out in the event of your death or disability.
July 2002 by Paula Hogan
Estate Planning: An up-to-date estate plan maximizes the chance that your wishes with respect to both medical and financial affairs will be carried out in the event of your death or disability.
What You Need to Know About Making Contributions to an IRA
June 2002 by Clark M. Blackman
There are several types of IRAs, each of which has unique rules pertaining to account contributions and distributions. Understanding the rules will help you decide which one is the best retirement vehicle for you.
June 2002 by Clark M. Blackman
There are several types of IRAs, each of which has unique rules pertaining to account contributions and distributions. Understanding the rules will help you decide which one is the best retirement vehicle for you.
Your Company's Stock: A Good or Bad Bet for Your 401(k)?
July 1999 by AAII Staff
Many individuals get the opportunity to invest in their company stock - often at a good price. But is it a good idea to put your 401(k) money in company stock? There can be some advantages, but there are also some disadvantages to be aware of - particularly if you go overboard and hold too much.
July 1999 by AAII Staff
Many individuals get the opportunity to invest in their company stock - often at a good price. But is it a good idea to put your 401(k) money in company stock? There can be some advantages, but there are also some disadvantages to be aware of - particularly if you go overboard and hold too much.
Achieving Financial Security by Conquering Personal Debt
September 1998 by AAII Staff
Overloading on debt is expensive and removes a cushion of security in the event of a crisis. How to get a handle on your personal debt.
September 1998 by AAII Staff
Overloading on debt is expensive and removes a cushion of security in the event of a crisis. How to get a handle on your personal debt.
What to Look for When Selecting a Trustee for Your Estate Plan
January 1998 by AAII Staff
The decision to name a trustee is a complex process that includes weighing and balancing the various factors according to personal preferences and circumstances.
January 1998 by AAII Staff
The decision to name a trustee is a complex process that includes weighing and balancing the various factors according to personal preferences and circumstances.
Contingency Plans: Helping a Spouse Cope Financially After Your Death
April 1997 by AAII Staff
Asset allocation and contingency plans for the death of a spouse.
April 1997 by AAII Staff
Asset allocation and contingency plans for the death of a spouse.
Keeping Your 401(k) on Track
October 1996 by AAII Staff
Most 401(k) plans are composed of mutual funds, where daily scrutiny isn't necessary or even desirable. Quarterly check-ups - a review every three months or so - is more in order. How to monitor your retirement portfolio.
October 1996 by AAII Staff
Most 401(k) plans are composed of mutual funds, where daily scrutiny isn't necessary or even desirable. Quarterly check-ups - a review every three months or so - is more in order. How to monitor your retirement portfolio.
Lifestyle Changes: Myths and Misconceptions About Life in Retirement
July 1996 by AAII Staff
Knowing what to expect and what not to expect as you enter retirement can ease this major lifestyle transition. Debunking the myths of retirement.
July 1996 by AAII Staff
Knowing what to expect and what not to expect as you enter retirement can ease this major lifestyle transition. Debunking the myths of retirement.
A Practical Look at What You Need to Know About Medicare
May 1996 by Michael E. Leonetti
Financial Planning Column: A plain-English description of the Medicare system: What it does and does not cover under present rules.
May 1996 by Michael E. Leonetti
Financial Planning Column: A plain-English description of the Medicare system: What it does and does not cover under present rules.
Receiving a Retirement Plan Distribution: Considerations for Younger Investors
April 1996 by Maria Crawford Scott
Portfolio Strategies Workshop: What should a twentysomething investor do with a retirement distribution when changing jobs? A look at the alternatives.
April 1996 by Maria Crawford Scott
Portfolio Strategies Workshop: What should a twentysomething investor do with a retirement distribution when changing jobs? A look at the alternatives.
The Living Will—Do You Really Have One? A Look at Various Directives
January 1996 by Michael E. Leonetti
Drawing up a living will involves more than signing a general statement of intent. An introduction to living wills and power of attorney directives.
January 1996 by Michael E. Leonetti
Drawing up a living will involves more than signing a general statement of intent. An introduction to living wills and power of attorney directives.
How to Decipher Your 401(k) Plan Statement
November 1994 by AAII Staff
Most plan participants want to know the answer to a very basic question: How much money do I have in my plan? The answer is in your employer-provided retirement plan statement, but it can be hard to find if you don't understand how to read it. A look at a typical 401(k) plan statement.
November 1994 by AAII Staff
Most plan participants want to know the answer to a very basic question: How much money do I have in my plan? The answer is in your employer-provided retirement plan statement, but it can be hard to find if you don't understand how to read it. A look at a typical 401(k) plan statement.
A Worksheet Approach to Selecting a Financial Planner
January 1992 by AAII Staff
How should you select a financial planning adviser? Asking each potential adviser questions will provide basic information to help you decide who will best fulfill your needs. Worksheets for the evaluation process.
January 1992 by AAII Staff
How should you select a financial planning adviser? Asking each potential adviser questions will provide basic information to help you decide who will best fulfill your needs. Worksheets for the evaluation process.
The 10 Myths of Retirement Planning
September 1991 by AAII Staff
Many individuals view retirement through rose-colored glasses. But retirement planning requires a clear-eyed analysis of future needs. A look at the most common retirement myths and how you can bring reality into focus.
September 1991 by AAII Staff
Many individuals view retirement through rose-colored glasses. But retirement planning requires a clear-eyed analysis of future needs. A look at the most common retirement myths and how you can bring reality into focus.