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

Preparing for lower long-term returns

Retirement investors will need to adjust their spending and saving behavior as taking risks in the coming years may not result in favorable returns, says Michael Kitces, director of research for Pinnacle Advisory Group. Investors may also rely on valuation in market performance only in the long term, Kitces says. "In the long term, valuation eventually comes to bear and either lifts up returns if things are cheap or drags down returns when they are more expensive." — Morningstar

Converting a traditional IRA to a Roth in retirement

Retirees are allowed to convert a certain portion of their traditional IRA to a Roth even after reaching the age of 70½, according to Kiplinger. When making a Roth conversion, clients will pay taxes for the deductible contribution portion of the converted amount but will take tax-free withdrawals from the Roth account. However, retirees are advised to limit the amount of traditional IRA money they convert to a Roth to avoid being pushed to a higher tax bracket and paying a bigger tax bill. — Kiplinger

The 10 toughest investment decisions for clients

Determining the best withdrawal rate is one of the most difficult decisions for clients, particularly the retirees, according to MarketWatch. While there is no one-size-fits-all solution, retired investors may start with a 4% rate annually to make sure that they won't outlive their nest egg. — MarketWatch

11-step guide to IRA distributions

Delaying Social Security benefits, taking required minimum distributions on time and withdraw from taxable accounts are smart moves that IRA investors should make, according to Forbes. Clients may also set up a Roth IRA and a line of credit, realize capital losses to offset gains and avoid taking excessive IRA distribution. IRA investors need to make sure they stay in a lower tax bracket, consider their heirs' tax brackets if they plan to leave something behind when they die and make charitable donation directly from their IRA. — Forbes

How much of my retirement savings can I safely spend?

Clients are advised to tap their retirement portfolio using the 4% withdrawal rate in the first year after leaving the labor force, according to experts. They may also adjust the withdrawal rate based on inflation in the ensuing years. This way, the retirees' nest egg is likely to support them for 30 years. — Money

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