Our daily roundup of retirement news your clients may be thinking about.
New Year's Resolutions for Soon-to-Be Retirees In this article in The Wall Street Journal, a group of retirement professionals share their thoughts about retirement and their New Year's resolutions. One of the experts, Alicia Munnell, director of Boston College's Center for Retirement Research, advises retirees to start spending their money. Spending a nest egg built through the years can be a big challenge for many retirees, she says. While some commentators say that people are poised to drain their retirement savings, many retirees are actually reluctant to use their savings, Munnell says. Another tip from Marc Agronin, a geriatric psychiatrist and medical director for mental health and clinical research at Miami Jewish Health Systems: Physical activity can benefit an aging clients brain. --The Wall Street Journal
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