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

Should clients try to invest like Warren Buffett?
The 90-10 investing strategy Warren Buffett recommends to his wife when he dies may not work for all investors, according to CNNMoney. Although there is considerable success of investing 90% in a very low-cost S&P index fund, and 10% in short-term government bonds based on research, a high exposure to stocks could lead to a lot of stress during volatile markets and this may be too much for some retirees who get most of their income from their retirement accounts.   --CNNMoney

When making retirement choices, clients should prepare to live longer
Clients who are planning for retirement are advised to account for a longer life expectancy to secure their finances throughout their golden years, according to MarketWatch. As people are more likely to live longer, clients will need bigger savings to cover increases in living costs, health care expenses and other financial needs. Clients can ensure that they will have enough assets for their needs and that they won't be a burden to their family by creating a comprehensive end-of-life planning.  --MarketWatch

What to do with HSA money when clients go on Medicare
Clients who have health savings accounts are not required to spend down their account balance when they become a beneficiary of Medicare and no longer have a high deductible health insurance plan, according to Time Money. Although HSAs offer tax-free growth, clients will no longer be allowed to make contributions when they have no high-deductible health plan.  --Time Money

Like children, retirees now have their own playgrounds
More communities are building multigenerational playgrounds designed for not only for children but also people aged 50 and above to help them stay physically fit and healthy, according to MarketWatch. While some people think that these senior playgrounds will not help address obesity among retirees, many others like the facilities. “This is really, really nice. I feel like breaking out with a game of hopscotch,” a senior says.--MarketWatch        

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