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

Retirement-planning tips for singles
Retirement saving is found to be more challenging for single people than married couples, with 35% of single men and 49% of single women expected to retire without adequate nest eggs, according to a study by Rand Corp. Singles have less money to save as they cover bigger housing costs, have fewer tax breaks, and get long-term care insurance policy. Divorcees may also reduce their sources of retirement income with the possible loss of alimony and benefits from the ex-spouse's life insurance coverage.  -- The Wall Street Journal

AdviceIQ: The 401(k) ignorance factor
Many employees fail to participate in a 401(k) and other defined contribution plans in the workplace because they are not aware of the plan or do not understand how it works, according to a survey by Deloitte. In a separate survey by TIAA-CREF Financial Services, some 25% of workers never changed their investments in their retirement accounts while 28% made changes at least more than a year ago, despite the need to rebalance their investments because of market trends and other factors. Clients can get involved actively in their 401(k) plans by requesting personal contact from their employer and seek advice from a financial advisor.  -- USA Today

Alternative retirement housing: You don't have to live conventionally
As the cost of housing accounts for a big portion of the monthly budget, there are alternative housing arrangements for retirees, according to an article from Motley Fool. Some of the retirement housing options include multigenerational living, where retirees share a home with other members of the family, and "snow birding" -- a practice for retirees in the far north who spend winter in warmer places. Retirees may also try compass living, which allows them to experience living in a network of apartments in different parts of the world, or living in recreational vehicles that look like condo units on wheels.  -- Motley Fool

How bartering could make your retirement better
The concept of bartering can be an option for retirees to get part-time income, according to this article on MarketWatch. The idea is defined as offering a service or use of one's possession to get a desired service or acquire a property. Selling a particular skill, e.g. doing handyman jobs, as a service is also a good bartering option, so developing a marketable skill is recommended for retirees who want to gain extra income.  --MarketWatch

Morningstar.com's 5 keys to retirement investing
Clients who are approaching or entering retirement need to manage actively their 401(k) and other defined contribution plans, according to this article on Morningstar. In the pre-retirement stage, clients need to take important actions, such as studying major decisions and trade-offs and upgrading their portfolios. Clients who want to succeed in retirement investing should set an appropriate allocation, choose dependable retirement investments, manage their withdrawals, handle Social Security and health-care costs, and develop an estate plan baseline.  -- Morningstar

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