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

Why clients shouldn't abandon bonds
Retirement savers should not abandon their bond investments solely because of fear that interest rates could increase and result in a decline in prices, according to this article on CNNMoney. While there is uncertainty about the Fed's plans to raise interest rates, and the U.K.'s decision to withdraw from the European Union has affected the outlook for bond yields, fixed-income is still a good option for investors to diversify their portfolios and minimize the impact from stock market volatility. --CNNMoney

Millennials can save more by learning from boomers' mistakes
Many baby boomers regret their past decisions of cashing out at least one retirement plan during their working life, according to this article on MarketWatch, which cites a new study. Millennials should avoid making the same mistake if they don't want to end up having inadequate savings by the time they retire. They should engage in careful planning and resist the temptation of cashing out their retirement assets instead of entrusting their golden years to pure luck. --MarketWatch

Americans need to stop winging it with their retirements
People should have a well-crafted retirement plan instead of "winging it" to make sure they can retire just as they want, according to this article on Kiplinger. To ensure they are on track in meeting their retirement goals, clients who have five to 10 years before leaving the labor force for good should check whether their retirement funds will be enough to cover their needs. They should also minimize the impact of market volatility in their retirement portfolio, prepare an estate plan, and account for the impact of taxes and inflation on their investments. --Kiplinger

Will clients regret taking Social Security ASAP?
Seniors who are thinking of filing for Social Security retirement benefits when they reach the age of 62 should reconsider their plan before finalizing their decision, according to this article on Fox Business. A survey by the Nationwide Retirement Institute found that many retirees regret collecting their Social Security benefits early. Social Security rules can be so complicated that "even those who can identify the factors that will impact their benefit are likely unable to grasp the thousands of rules that apply to Social Security," says an expert. "The complexity makes it extremely difficult for retirees to maximize their benefit on their own.” --Fox Business