4 big threats to clients' retirement
Divorce, adult children, a second home and starting a new business are the top four reasons financial security falters in retirement, according MarketWatch. Divorce is an issue because it is increasing among people aged 50 and up and this change will affect lifestyle and financial independence. Adult children who continue to ask for money, two homes that have their separate maintenance costs and a new business that depletes income could all ultimately become negatives for retirees. --Marketwatch

401(k) no-no's clients should avoid
The 401(k) will possibly be most retirees’ biggest income generating asset. Consequently, they should heed these 10 pieces of advice so they don’t commit big mistakes, says Forbes. First, one should invest in a 401(k) and match or even exceed their employer’s contribution. One shouldn’t solely invest in target-date funds. Also, seek help of co-workers in choosing investment options and get a financial advisor.  --Forbes

How clients can fine tune their investment mix
Retirees should consider avoiding more volatile intra-asset-class tilts as they face shorter time horizons, according to this article in Morningstar. Retirees must take note that preserving purchasing power is another factor to consider aside from stock volatility. Unlike people who still work, retirees have more trouble with maintaining purchasing power.--Morningstar

The risky assumption millennials should stop making
Millennials should stop assuming that they can depend on loved ones in case their retirement plans to don’t go well, according to Time Money. A study found that 43% of millennials are banking on being assisted by loved ones. Another research also revealed that only 28% of respondents think the government will be able to help them during retirement.  --Time Money

Plan for retirement like a pro
Putting a value on future possibilities can help clients on retirement planning, according to Kiplinger. The technique will involve five steps: defining choices, imagining many possible outcomes, determining how likely each outcome would happen, weighing the value of the outcome and including a discount to the value for uncertainty. “At the end of the day, you have to go with your gut. If you take the time to think the decision through, you’ll have a smarter gut,” writes Peter Neuwirth.  --Kiplinger

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