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

The best stocks for retirees

The "Dividend Aristocrats," which are stocks that have seen an increase in dividends for at least 25 straight years, are the best stocks for retirees who want stability and consistency in their investments, according to this article on Motley Fool. Another type of investment that are highly recommended for retirees is the real estate investment trust, which offer excellent dividends, and has a high stability level and potential for growth. –Motley Fool

Umbrella insurance: Protection for that nest egg

An umbrella insurance is recommended for would-be retirees to protect their assets from future liability lawsuits, according to this article on USA Today. For instance, if a pre-retiree who is involved in a car accident faces $1.5 million in liability but only has $100,000 in auto insurance, his retirement assets may be seized to settle the payment. With an umbrella coverage, "you're basically hiring some really good legal defense to protect your assets as you get ready for retirement," says a financial planner. –USA Today

Save for retirement, win a prize!

Many 401(k) plans may soon offer their participants a prize-linked savings program, according to this article on MarketWatch. The program “uses monetary incentives to reward workers’ financial improvement activities …,” says a statement from Buck Consultants at Xerox. These activities include obtaining a financial health or risk profile, signing up for auto escalation, and consulting with a financial adviser. –MarketWatch

Cramer clarifies the 401(k), IRA, Roth mystery

Workers need to estimate the tax bracket they will be in at retirement before deciding whether they choose a Roth account over a traditional 401(k) plan or IRA, says Jim Cramer, host of "Mad Money." It's because withdrawals from traditional plans will be subject to tax and could put them to a higher bracket, unlike withdrawals from a Roth account, which are tax-free, Cramer says. "The less you make, the more likely it is that a Roth is for you. It's that simple." –CNBC

Planning to retire in 2015? Read this

Workers who intend to retire next year need to do financial planning so they will experience a smooth transition into retirement, according to an article on The Wall Street Journal. Deferring Social Security retirement benefits until full retirement age may be an option to boost the value of their monthly benefits. New retirees who have reached the age of 65 are required to sign up for Medicare even if they decided to delay their Social Security benefits. –The Wall Street Journal

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