Rejuvenate Your Retirement

Life Planning for Retirees

Making your money last throughout retirement has never been more challenging. People are living longer and fewer retirees have traditional pensions. In recent years, the volatility of the stock and bond markets has been high and interest rates paid by banks have been low. While more retirees are covered by Social Security, this program also faces financial challenges.This course helps you develop a personalized retirement income plan.

We explain how to:

  • Determine what percentage of your assets you much withdraw to meet expenses
  • Estimate how many years your money may last and make any adjustments needed to help your money last longer
  • Calculate the impact of investment choices, rate of return and inflation on your plan.

Life Planning

Life Planning In Retirement

Learn how to fill your days with activities you enjoy and that give meaning to your retirement years. What do you like to do? Do you need help meeting new people? Do you need to make money? Are you interested in volunteering?

The non-financial aspects of planning our retirement years are often overlooked. Rejuvenate your retirement with quick, individual exercises that introduce activities such as hobbies, sports, crafts, social networking, travel, employment, business ventures, lifelong learning and volunteering. This in-depth section provides insight, entertainment and inspiration, and is a favorite of many attendees.

Financial Concerns

Financial Concerns

Work until age 65, get a gold watch and a comfortable pension for life, right? For most people, life doesn’t follow this traditional path. As a result of financially challenged government programs and pension plans, unpredictable financial markets and increasing life expectancies, more responsibility is being shifted to individual retirees, and this trend may continue.
One by one, we address the primary financial concerns of retirees. The highlight of this section is time-tested strategies for planning your retirement income.

Investments

Investments

Due to market volatility over the last decade, this section focuses on ways to manage investment risk and the six most important considerations to understand before you invest. This course helps you evaluate your risk tolerance and how you feel about money. We discuss the importance of aligning your investment behavior with your attitudes, risk tolerance and goals. Since taxes may be your largest investment expense, special emphasis is placed on maximizing the tax-efficiency of your investment returns.

Income

Retirement Income Sources

Are you collecting as much as possible from Social Security? Even if you or your spouse have already started to collect, it’s not too late to consider one or more of the four unique strategies designed to maximize your retirement benefits.

This section also explains IRS rules for required minimum distributions from retirement accounts. We discuss how to calculate these annual withdrawals and avoid severe tax penalties. In addition, you learn how to create a “Stretch” IRA to provide income and maximize the future growth potential of your legacy for multiple generations of beneficiaries.

A common dilemma that retirees face is deciding whether they should take their withdrawals from their IRAs or from taxable accounts. Discover how to make your retirement income withdrawals as tax-efficient as possible.

Health Care

Health Care Planning

One of the biggest concerns for retirees is their health. This section discusses Medicare and health insurance options for early retirees. Learn how to evaluate your choices, the cost of coverage and how to enroll. Long-term care costs may pose a serious threat to your nest egg. We examine important factors to help you decide whether or not you should purchase long0term care insurance. We also introduce combination policies that may be available if health issues make it difficult to obtain a traditional policy. Legal planning should not be overlooked. It addresses the needs to manage assets and make medical decisions in case you are incapacitated.

Estate

Estate Planning

Estate planning can be one of the most complicated aspects of financial planning. This section makes estate planning easy to understand.

As you get older, having confidence in your estate plan becomes more important. If you already have an estate plan, the information you learn helps you better understand it, so you can determine whether your plan can be improved or should be updated. If you do not have a comprehensive estate plan, the knowledge, strategies and checklists you receive provide the foundation for an effective plan. Above all, you discover how to give as much as possible to family, friends or charities, while giving as little as necessary to the government.