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

What you need to know before retiring internationally

Retiring in another country entails different challenges, but the biggest reasons for retirees are the attractiveness of the new locations, ease of obtaining residency, and the lower cost of living, according to Forbes. For retirees looking to settle in another country, Forbes suggests trying out different countries before choosing a final location. Obtaining health insurance and understanding health care rules are also important, as both health and insurance costs are often lower in other countries compared to the U.S. - Forbes

The No. 1 flaw in America’s biggest 401(k) plans

The majority of the 401(k) plans offered by the largest U.S. companies lack attractive investment choices, as most don't allow participation in the top asset classes with standout performance, according to this column on MarketWatch. Among the most attractive asset classes for long-term investors are small- and large-cap value stocks in the U.S., real estate investment trusts, and emerging markets stocks.  The columnist offers recommendations for retirement plans and caters these plans according to the risk-appetite of the clients willing to invest. - MarketWatch

Retirees, watch out for the state tax bite

States differ on how they tax pensions and retirement income, Social Security, and estates and inheritance, according to Kiplinger. Retirement income is not taxable in seven states, including Alaska and Florida, while New Hampshire and Tennessee impose taxes on dividends and interest. As much as 85% of Social Security benefits are taxed by the U.S. government, but most states exclude them from the state income tax. - Kiplinger

How to easily, significantly boost your retirement income

Retirees may assume a little more risk and tap into corporate bonds to increase their monthly cash flow, according to DailyFinance. The process works by investing funds from retirement accounts into an equity growth or balanced portfolio, and withdrawing 4% of the account's size annually, while readjusting draws against the account depending on the year-end balance. The strategy comes with risks, but using equity to gain additional income should be a welcome option for retirement investors. – DailyFinance

Personal Finance: Take social security when turning 70?

Delayed retirement credits can be earned from the month they reached full retirement age through the month before turning 70, according to USA Today. Putting off the collection of such credits does not increase the amount, but extending employment years can lead to monthly benefits higher than the lowest of the 35 years of earnings. – USA Today

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