Modern Retirement Planning info
Modern Retirement Planning Workshop
Modern Retirement Planning (MRP) is an interactive workshop that addresses retirement issues in an unbiased educational environment. Learn how to identify, set, and reach your retirement goals while protecting your assets, plus in-depth sections on investments and estate planning. The course is taught as 2 3-hour sessions. You may bring your spouse or a guest at no extra cost. Tuition includes a 200-page workbook.
Who Should Attend?
Modern Retirement Planning is both timeless and timely. Anyone interested in the following should attend this course:
Setting realistic goals
Addressing inflation
Avoiding common mistakes
Assessing investments
Managing risk
Lowering taxes
Efficient estate planning
Grasping concepts and strategies
Course Curriculum
Setting Goals
- An educated approach to goal setting
Retirement Objectives
Prepare for new opportunities
Keep good records
Control debt and credit
Creative Strategies to Reduce Taxes
Capital Gains vs. Ordinary Income
8 mistakes to avoid
Considering the Costs
How long will you be retired?
Life expectancy and inflation
Early retirement concerns
Will your nest egg last?
can you retire now?
Nest Egg Sources
Roth and Traditional IRAs
Employer sponsored retirement plans
Social Security concerns
Working while taking Social Security
“Other” income sources
Estate Planning
How to reduce probate
Trusts and Wills
Which trust is right?
Joint ownership and community property
Gift taxes
Inheritance taxes
Addressing mental incapacity
Durable power of attorney
Traditional Investments
Determine risk tolerance
Emergency funds and cash accounts
Stocks and Bonds
Mutual Funds
Unit Investment Trusts
Exchange Traded Funds
Professionally Managed Accounts
Fixed vs Variable Annuities
Asset Allocation
Protecting Your Assets
Assessing your need for insurance
Life Insurance
Health and Medicare Insurance
Disability income needs
Long-term Care options
Strategies
Avoid irreversible mistakes on pension choices
When a 401k should not be rolled over
Serious decisions when changing or terminating jobs
Pension maximization
Rollover or direct rollover? There is a difference.
Lump sum distribution? Yes or No?
Avoid penalty before 59 ½
Keep control of pension and annuity withdrawals
Control and flexibility during retirement