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

The 10 worst money moves for 2016
Some of the worst money mistakes that savers make are not adding a bonus or a windfall they receive to their savings, ignoring risk and taking career enhancement opportunities for granted. Many clients also procrastinate retirement saving, leave after-tax results unsolved, use one-size-fits-all approach to handling finances, and don't max out retirement plan contributions. They also fail to measure and keep track of their finances, invest based on their feelings and not on facts and trust people, making them prone to identity theft and other scams.  --MarketWatch

How to buy low and sell high in a 401(k)
401(k) participants who opt for a buy-low-and-sell-high strategy need to use their regular contributions to buy new investments within the plan. They may start considering securities in the oil and emerging markets as well as gold and other commodities, which are not performing as strongly as the rest of the market. These underperforming assets may continue to dwindle for a while, but they will rebound and appreciate again, at which point, clients may sell them and start the whole strategy again.  --Forbes

Warren Buffett’s 15-minute retirement plan
For Warren Buffett, a retirement plan should adopt a simple investing strategy and build a portfolio with 90% asset allocation to a low-cost S%P 500 index funds and 10% to short-term government bonds. He says he feels the "long-term results from this policy will be superior to those attained by most investors — whether pension funds, institutions, or individuals — who employ high-fee managers." --Time Money

The best retirement plans -- for your clients
Clients who want to set aside considerable savings for retirement may opt for a defined contribution retirement plan, such as 401(k), and a traditional IRA later on, while those who want to save on taxes may consider opening a Roth IRA. Clients may also invest in dividend-paying securities if they want their principal and retirement income to grow. Buying an annuity product is an option for those who want a guaranteed retirement income, while contributing to a health savings account is recommended for those who want an outside-the-box strategy to save for retirement.  --The Motley Fool

Protect your clients' savings from stock drops in 'retirement red zone'
Pre-retirees are advised to protect their savings from possible market downturn during the years leading to their retirement, as the outcome could be disastrous, according to experts. They are advised to use the bucket approach in allocating retirement assets, consider pooling their investment risk and diversify their portfolio. They should also consider delaying retirement and account for inflation when investing.  --USA Today

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