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

How to roll over an old 401(k)

Retirement investors are advised to consolidate their old 401(k) plans by rolling these assets into an IRA to manage the money more easily and avoid another layer of administrative expenses, according to Morningstar. When rolling old 401(k) money, investors need to know the account value, check whether the transfer is feasible and advantageous, and review the quality of their 401(k) options. They should then look for the right IRA provider, determine whether converting the assets to a Roth is a better option and be wise in picking investments within the IRA after rolling the 401(k) assets into the account. –Morningstar

Why Social Security is a women’s issue

Women should be aware of the impact of Social Security differs on them than men in retirement and should make decisions that will optimize their benefits, according to experts. Women have a longer life span compared with men, and their total earnings are lower than those of their male counterparts. As a result, they are more likely to receive a lower benefit, for a longer period of time, than men. –Money

Don’t discount the impact of luck on your portfolio

Successful investors are those who focus a great deal on diversifying their investments and maintaining a well-balanced portfolio, according to this MarketWatch. Unlike other investors, those who succeed in achieving their investment goals carefully manage their level of risk and their expectations without forgetting that investing gets a big boost from plain luck. –MarketWatch

The 4% rule and the search for a safe withdrawal rate

Advocates of probability-based approach to retirement withdrawal generally consider the 4% rule as reasonably safe rate that will enable retirees to live off on their retirement income without outliving their nest egg, according to this article on Forbes. The rule is based on historical data covering worst-case scenarios, such as the Great Depression and a world war, experts argue. –Forbes

Early retirement might be in your future

A study has shown that not all people who intend to continue working in retirement will remain at work after they retire, according to this article on CNBC. Based on another research, less than 25% of retirees managed to continue working until at least age 65, although two-thirds of current workers have plans of doing so. Most retirees leave the workforce before reaching 65 because of illness or disability. –CNBC

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