No Attendance Fee for Educational Event/Presentation Offered Through the Society for Financial Awareness (SOFA) at these locations: 3410 Ronald Reagan Blvd Cumming GA and 8371 Main Street Woodstock GA
Course: The Changing World of Retirement Planning
The rules for a retiring generation of baby boomers have changed. Learn how those changes affect you as you strive for a prosperous retirement.
YOU WILL DISCOVER HOW TO:
- Determine if you have enough money to retire (start here to find out how rich you really are)
- Use the 3 basic types of retirement accounts to maximize cash flow in retirement
- Evaluate the benefits of a Roth Conversion
- Insulate yourself from the impact of rising taxes
- Maximize Social Security income
- Ensure you won’t run out of money in retirement
- Create a plan that keeps pace with inflation
- Minimize risk and maximize return in your investments
- Protect against a long-term care event
RETIRING IN THE 21ST CENTURY
- The old retirement paradigm vs the new paradigm
- How to create a clear vision for retirement
- Creating a retirement road map
- Keys to transitioning to retirement
TAX RATE RISK
- Why experts say tax rates could double
- How rising taxes may affect your retirement cash flow
- The “Catch 22” of 401ks and IRAs
- How lost deductions may affect your taxes in retirement
RETIREMENT DISTRIBUTION PLANNING
- The three basic retirement accounts
- How to accumulate dollars in the right types of accounts for retirement
- What’s better: tax-deferred or tax-advantaged accounts?
- How to define a “true” tax-advantaged investment
- When should you do a Roth Conversion?
- How IRAs and 401(k)s cause Social Security taxation
- Strategies to reduce or eliminate taxes in retirement
MAXIMIZING SOCIAL SECURITY
- The causes of Social Security Taxation
- The Social Security thresholds you need to be aware of
- The real cost of Social Security taxation
- Strategies to eliminate Social Security taxation
- Social Security maximization strategies
LONG-TERM CARE PLANNING
- How a long-term care event may affect your retirement (click here to see an example)
- Medicaid spend-down rules
- Community spouse rules
- The 4 common alternatives to pay for long-term care
- Recent innovations in long-term care planning
SOLVING LONGEVITY RISK: STOCK MARKET APPROACH
- Why longevity is your greatest retirement risk
- How longevity risk amplifies other retirement risks
- How a stock market approach may help mitigate longevity risk
- How new withdrawal rate rules may affect your income plan
GUARANTEED* LIFETIME INCOME
- The potential shortcomings of a stock market approach to mitigating longevity risk
- How to guarantee* you’ll never outlive your money
- Six benefits of a guaranteed* lifetime income approach
- Why “asset allocation” alone may not be enough
INCOME PLANNING IN RETIREMENT
- The 3 shortfalls of a guaranteed* lifetime income approach
- How to avoid disinheriting your heirs at death
- How to ensure your retirement income keeps pace with inflation
- The pitfalls of drawing guaranteed* lifetime income from IRAs
PROTECTING AGAINST LONGEVITY RISK ANDE TAX RATE RISK
- Why most financial plans overlook longevity and tax rate risk
- How rising tax rates can affect your income plan in retirement
- How to draw guaranteed* lifetime income from a Roth IRA
- How to ensure your retirement income won’t cause Social Security taxation
ESTATE PLANNING
- Planning for incapacity
- Reducing estate taxes
- A will vs a trust
- How to avoid probate
- Asset gifting
- Transferring property at death
*contractual guarantees are based on the strength and claims-paying ability of the issuing insurance company
Locations, Dates &Times:
Forsyth Conference Center–Lanier Tech Institute
3410 Ronald Reagan Blvd
Cumming, GA 30041
Light Snacks & Beverages Will Be Served: CLASSES TOTALLY BOOKED!
The Changing World of Retirement Planning (A 2-Series-Class Taught in 2 Separate Evenings)
Class 1: Check Back for More 2022 Classes–6:30pm — 9:00pm — Choose which works for you!
Class 2: –Check Back for More 2022 Classes 6:30pm — 9:00pm — Includes a Final Exam! (If you don’t pass, you can’t retire!)
Chattahoochee Technical College – Woodstock GA Campus
