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

Retiree needs help investing large cash stake
A 69-year old retiree who holds sound equity investments and has a heavy cash position wants to make changes to her asset allocation that will produce growth while avoiding significant losses, in this profile article on Morningstar. An avid stock investor throughout her lifetime, she has amassed a healthy portfolio of equities, many of them high-growth and high-risk. But she also has more than half of her portfolio in cash, proceeds from a real estate sale, and she's reticent to put that money to work due to market volatility. While she's in good financial standing because of her modest spending, the risk she runs is that her portfolio might not keep up with inflation because her heavy cash position. The analysis concludes that she needs to invest gradually in stocks over the years using her liquid assets.  --Morningstar

4 ways to retire by age 55
Clients who want to retire at the age of 55 will need to start living frugally to save more money for retirement. They also need to take an aggressive approach to investing and make a plan on how to obtain health insurance before they reach 65 and qualify for Medicare. Clients with early retirement plans are advised to have a program of activities to keep them occupied throughout their long retirement period.  --MarketWatch

10 painless ways to save more for retirement
Clients can improve their retirement prospects without hurting their quality of life by raising their savings rate by 1% and put their salary increase, bonuses, tax refund and other windfalls in their retirement accounts. They are also advised to contribute enough to their 401(k) plan to get their employer's match contribution, maximize their tax benefits and choose low-fee investments in their retirement accounts. By avoiding penalties and dropping an unnecessary expense are also ways clients can free up more money to save for their golden years.  --Yahoo Finance

When does it pay to wait for Social Security?
A 64-year-old, unemployed client who needs to have some income may prod her 67-year-old husband to take advantage of the file-and-suspend strategy so she can start collecting spousal benefit and boost her total retirement benefit. Because of recent changes to Social Security rules, her husband will have until the end of April to file for his own retirement benefit and suspend it. Retired couples will no longer be allowed to use such a strategy after that time.  --Time Money

Turning 65 in 2016? Here's what you need to know
Signing up for Medicare is a financial move that Americans should do when they turn 65. Those who intend to apply for Social Security retirement benefits at the same age may expect about 6.7% cut to their monthly benefit claimed at full retirement age. Seniors who reach the age of 65 will enjoy certain tax benefits under IRS rules, such as bigger standard deduction and Credit for the Elderly.   --The Motley Fool

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