Retirement planning

TOPICS / PERSONAL FINANCIAL PLANNING

March 1, 2018

How 65 became the default retirement age

For decades, 65 has been the goalpost most everyone in the labor force worked toward for retirement. But why 65?

March 1, 2018

Clients are living longer: How will your practice adapt?

With the over-100 population swelling in the United States, CPA financial planners need to focus on guiding clients toward a longer retirement.

February 1, 2018

Help small businesses choose the right employee retirement plans

Consider these vital factors when helping owners of small businesses select a retirement plan. A handy comparison chart shows what the most popular plans entail.

February 1, 2018

How to choose the right software for retirement planning

Weigh these factors when choosing financial planning software to help clients with retirement planning.

February 1, 2018

Help clients balance retirement and education planning

Clients will naturally want to help their children afford higher education, but it’s important that they not jeopardize plans for retirement by doing so. Here are some general principles to keep in mind as you advise families faced with these complex decisions.

January 22, 2018

How to balance costs of parenthood and retirement

This column explains how personal financial planners can help make sure their clients’ finances hold up to the costs involved with raising children.

January 8, 2018

Could this simple proposal help boost retirement savings?

Auto portability could help prevent retirement account leakage when workers change jobs.

December 11, 2017

How to get the most out of HSAs

CPAs who are personal financial planners can explain the benefits of HSAs to their clients.

November 20, 2017

What CPAs should know about ‘gray divorce’

This column discusses things to keep in mind when working with older couples who are divorcing.

September 18, 2017

Why you should discuss the nonfinancial aspects of retirement with your clients

Other keys to a great retirement include clarity of purpose, well-being, connectedness, giving back, and pursuing one’s passions.

August 28, 2017

How to talk to your clients about travel in retirement

CPA financial planners weigh in on how CPAs can discuss travel with clients approaching retirement.

August 7, 2017

Number of workers raiding retirement funds rises

More Millennial and Gen X employees are withdrawing money from their retirement plans than in prior years.

July 24, 2017

Help your clients make sense of Medicare

This column offers suggestions on the issues you should discuss with your clients.

July 10, 2017

Help clients afford health care in retirement

This column offers suggestions for how clients can plan for health care liability today to reduce their financial exposure in the future.

May 8, 2017

Why women need more money in retirement

Experts offer advice on how women can navigate their unique retirement financial needs.

April 12, 2017

Nearly half of Americans fear not being able to afford retirement

Respondents to a new AICPA survey most often cited health care costs as a cause of anxiety about their finances in retirement.

April 1, 2017

Mistaken IRA rollover creates problems for taxpayer

A taxpayer’s IRA distributions result in additional gross income, an early withdrawal penalty, and an accuracy-related penalty.

March 24, 2017

What role should your house have in retirement planning?

A home should be an important factor in helping clients determine retirement readiness as well as a place to put down roots.

March 1, 2017

How to discuss long-term-care options with clients

Clients are often reluctant to discuss the vital topic of long-term care. Here’s a guide to lead you through what is often a difficult conversation.

January 9, 2017

Best places to retire? It’s complicated

This column offers ideas and describes what’s involved in helping clients make a well-informed choice.

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.