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

Five questions to ask before retiring to a 55+ community

Seniors who consider living in 55+ communities need to account for certain factors, such as if they know people living in the same community and if there is ready access to transportation, according to MarketWatch. They also should determine whether the homes are age-ready and conducive for people with diminished physical activity. Living in a 55+ community is a smart move if it is easily accessible to recreational areas and facilities for health care. –MarketWatch

How boomers became the disillusioned generation

Unfavorable trends and news have made the boomer generation in general disillusioned and uncertain about their future, according to Forbes. Many of these boomers, who were born during the prosperous years from 1946 to 1964, have chronic illnesses, experienced losing jobs or witnessed their retirement funds and home values dwindle during the financial crisis. “Many boomers grew up on the American dream, that the sky is the limit and that having more is better. Boomers need to change their expectations in life,” an expert says. –Forbes

3 things to know about immediate annuities

Clients who want to ensure they won't outlive their nest egg are advised to consider buying an immediate annuity, which guarantees an income in retirement, according to U.S. News & World Report. Before buying an annuity product, clients need to understand how the product works and how interest rates affect annuity payouts. They also need to weigh their options carefully before making a decision because it will no longer be reversed. –Yahoo Finance

Helping a dentist transition into retirement

A financial advisor did not approve of a dentist's plan to sell his practice appraised at $750,000 as he and his wife considers an early retirement, according to The Wall Street. The advisor is concerned that the couple could have a long retirement ahead of them. “They were only in their 50s. Even if they could sell the business at the price for which it was appraised, another 30 years was a very long time to make that money last.” –The Wall Street Journal

Saving up a decade of advice for retirement

To prepare for retirement, clients should spend in buckets and include one for savings, according to Chicago Tribune. Another important thing to do is to research about things that concerns retirement saving, such as finding a financial adviser and determining the right withdrawal rate to ensure their nest egg will last as it should. When getting professional help, clients need to make sure they pay according to the service they receive and they should save just right as well as get just enough insurance coverage without depriving themselves of the pleasurable things in life. –Chicago Tribune

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