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

Buck the ‘annuity establishment’ when choosing what to buy

Retirement investors who consider buying an annuity are advised to choose the product that they understand and that offers the most simplistic solution, according to MarketWatch. They should not listen to the "annuity establishment," which has a one size fits all approach and usually recommends products from which the agents get the most commission. -- MarketWatch

3 retirement stocks to buy in March

Retirement investors should include in their portfolios stocks that provide the best returns and offer high growth potential in the future, according to The Motley Fool. Three stock options deserve to be in the stock investments earmarked for retirement. Know these stocks and why experts consider them some of the best retirement stocks in the market. – Motley Fool

Rich countries have a $78 trillion pension problem

A report from Citi shows that the pension shortfall besetting the U.S. and 19 of the wealthiest countries amounts to $78 trillion, according to CNBC. "Government services, corporate profits, or retirement benefits themselves will have to be reduced to make any part of the system work," the bank's analysts write in the report. "This poses an enormous challenge to employers, employees, and policymakers all over the world." -- CNBC

Should your client move their $500,000 retirement stash into annuities?

Although an annuity will provide a guaranteed income in retirement, such a financial product is not for everybody, according to CNNMoney. People may forgo buying an annuity if their Social Security retirement benefits will be enough to cover their needs in the golden years, or they have enough nest egg to last their lifetime. Clients who are concerned about their retirement income may consider annuitizing a portion of their retirement savings and opt for a longevity annuity. -- CNNMoney

It's time to invent rituals for retirement

People should depart from the "leisure-based notion of retirement" and consider adopting an encore career to spending their golden years meaningfully and with fulfillment, according to this article on Forbes. The baby boomer generation can take the lead in characterizing "old age" as "a stage of opportunity that will connect us with the idealism of the 1960s and ’70s," the article reads. "Our encore careers will take many forms: part-time employment for pay, volunteer work and all-engaging social entrepreneurialism." --Forbes

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