Our daily roundup of retirement news your clients may be thinking about.

Arguments for claiming Social Security early
Clients should test out their own individual situations by using comprehensive Social Security planning software because the option to defer claiming until age 70 may not be best for all people, according to Forbes. Individuals who may not live until age 80 due to legitimate medical reasons should consider claiming Social Security early. Married clients should also consider who is the one with higher lifetime earnings or if they have dependent children or parents in deciding when to claim.  --Forbes

3 ways clients can sabotage their retirements without realizing it
Retirement plan designers are looking at plans that address human behavior biases that are hindering people from saving for retirement. One such bias being analyzed is the default bias wherein people are comfortable with just sticking with the default. Another bias is the present bias which relates to instant gratification and how people prefer current rewards to future rewards. Lastly, optimism makes people think positively about the future, to a fault, which leads them to think that their lack of planning will not lead to negative consequences.  --MarketWatch

Why retirees are happier than you may think
Despite recent financial retirement crisis in the U.S., a recent survey of retirees found that most retirees were satisfied with retirement. The survey found that roughly 56% of retirees were very satisfied with retirement. Happiness about retirement is not only a matter of saving enough, but marriages and health are also important factors because married and healthier retirees were found to be happier than single and unhealthy ones.  --The Wall Street Journal

6 dividend stocks retirees should consider
Retirees may consider investing in these six dividend stocks for long-term stability and greater income, according to The Motley Fool. It includes Phillips 66, which makes consistent operating cash flows, American Water Works with a 2.4% current dividend yield and Enterprise Products Partners, which currently yields 6%. Other stocks to be considered are ADT, Caterpillar and Dow Chemical.  --The Motley Fool

5 steps to plan clients' retirements
Clients can create their own vision of their retirement and what they need to be doing by planning today, according to this article in U.S. News and World Report. This includes knowing how much percentage of your life you can expect to live in retirement, taking account of changing expenditures and preparing yourself for a reality readjustment.  --Yahoo Finance

Read More: