Loss aversion, one of the major behavioral finance biases, is often defined as the pain of losing an amount of money exceeding the pleasure of gaining that same amount of money. It also refers to the ...

Scams to rob retirees of their savings are skyrocketing in the U.S. Unfortunately, many Americans have a habit of blaming the retirees instead of the criminals. Processing Content A new study by AARP ...

Some older clients don’t want to retire to the Sunbelt. In fact, they’d prefer not to move at all, thank you very much. Though staying put may sound easier than relocating, many advisors say that ...

When clients approach or enter retirement, their needs change in terms of cash flow, savings and investments. As older clients enter this phase — decumulation of assets — advisors usually have more ...

At 82, Rita Moore knew not every company would hire a woman her age. Even with her active lifestyle and energetic personality, Moore faced an uphill battle overcoming common age stereotypes while ...

SAN ANTONIO - – The economy’s downturn and rising housing prices have left many senior citizens homeless, and Haven for Hope is seeing a spike in older clients. Nathan Finley, 66, lived on the streets ...