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

Time to focus on the threat of higher rates

Investors are advised to focus on the risk posed by higher interest rates to their retirement portfolios, according to this article on MarketWatch. Although the recent drop in stocks and uptick in rates are short term, investors have been in the bull stock market for six years. One strategy to handle the risk is to invest in exchange-traded funds to hedge the stock decreases and continue dividend income. Investors may still hold stocks in their portfolios but should get ready to hedge these investments against increasing interest rates. –MarketWatch

Retirement in a community. But which one?

The most important yet challenging decision that people have to make in retirement is picking the place where they will spend their golden years, according to this article in The New York Times. Of people aged 55 to 65, 4.5% transfer to a new home every year, says Margaret A. Wylde, president and CEO of the ProMatura Group, adding that 20% of these seniors who want a new home say they want to stay in a 55-plus community and 30% consider such an option. Experts advise retirees to determine what they truly prefer and identify their priorities when making a decision. –The New York Times

Retire on the road

Many clients opt to travel to other countries and spend considerable time abroad when they retire, according to this article on Kiplinger. The Social Security Administration sends 375,000 payments to beneficiaries abroad, and there could be more retirees overseas as check payments are deposited in U.S. banks. Many retirees decide to go on adventure because they find it affordable. –Kiplinger

Social Security: 5 surprising facts about noncitizens and benefits

Many non-U.S. citizens are eligible to Social Security benefits, while those who leave the country can still receive benefits provided they meet certain requirements, according to this article on The Motley Fool. Also, spousal and survivor benefits may be given to non-citizen spouses of U.S. expats. Social Security benefits received by non-citizens who live abroad will be subject to taxes, while benefits may also be reduced because of the foreign benefits that non-citizens get. –The Motley Fool

Social Security Q&A: How do my decisions affect my disabled child's benefits?

The child benefit that a client's disabled son receives is not affected by the age the client decides to claim her retirement benefit, according to this article on Forbes. However, the client needs to apply for her retirement benefit to enable her son to receive a child benefit. The Supplemental Security Income benefits that the son receives may be reduced once he starts getting a child benefit. –Forbes

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