1400 N. Roosevelt Blvd, Schaumburg, IL 60173
You will find this course relevant if you are developing a retirement plan, nearing retirement, or recently retired. Regardless of your stage in the process, you’ll learn updated strategies that will help you build and preserve wealth in volatile times. Above all, this course is designed to help you assess your current financial position, then lay out a personalized roadmap that helps you achieve your retirement goals.We provide unbiased financial information
There’s a difference between taking your financial cues from media outlets and learning the basics of retirement planning from a trusted, reliable, unbiased source. This course is designed to give you an exhaustive and comprehensive view of financial education while uncovering the many new pitfalls that threaten to derail many retirees in the 21st century.
Join us at Roosevelt University – Schaumburg Campus for an informational workshop and Insurance Sales Presentation covering retirement income strategies on Thursday, October 26 and Thursday, November 2 from 6:30-9:30 PM . This course has been designed for the specific needs of those with more than $250K in retirement savings.
YOU WILL DISCOVER HOW TO:
YOU WILL DISCOVER HOW TO:
SECTION 1: RETIRING IN THE 21ST CENTURY
How is retirement planning in the 21st century different than that of your parents? Chances are your retirement looks and feels vastly different than the generation before you. As a result, your approach to the retirement planning process must change. This course begins by exploring an updated approach to retirement planning that accounts for all of the challenges and pitfalls that are unique to the rapidly changing world in which we now live.
SECTION 2: TAX RATE RISK
The United States Government has made trillions of dollars in promises for programs like Social Security and Medicare it simply can’t afford to keep. Some experts have suggested that tax rates may have to rise dramatically to keep these programs solvent. If you’re like most Americans, you’ve saved the lion’s share of your retirement in tax-deferred accounts like 401k’s and IRA’s. If tax rates go up, how much of your hard-earned money will you be able to keep? This section discusses strategies that you can implement that may help insulate your assets from the impact of higher taxes.
SECTION 3: RETIREMENT DISTRIBUTION PLANNING
There is a lot of static in the media and on the internet about how to best save for retirement. In this section, you’ll learn about the three basic types of investment accounts and how to use them to maximize cash flow in retirement. Should you contribute to an IRA or a Roth IRA? How about Roth Conversions? This section teaches you how to position your savings so as to minimize taxes and maximize cash flow in retirement.
SECTION 4: ESTATE PLANNING
Estate planning involves more than just reducing your taxes. It’s also about making sure your assets are distributed as you wish – both now and after you’re gone. In this section, we’ll discuss strategies and techniques to reduce or eliminate estate taxes, delays, and legal challenges following your death. You’ll also learn how to build an estate plan that addresses your wishes should you have an incapacity due to an illness or injury. Finally, we’ll investigate the benefits of using a trust versus a will when determining how to best transfer your assets upon death.
SECTION 5: MAXIMIZING SOCIAL SECURITY
Some pre-retirees are not aware that their Social Security can be taxed. In this section, you’ll learn about the impact of Social Security taxation on your retirement. We’ll also look at the IRS thresholds that cause Social Security taxation. Finally, we’ll discuss strategies you can implement that can put you in a position to receive your Social Security free from tax.
SECTION 6: PROTECTING AGAINST MARKET LOSS
The investment strategies that got you to this point may not necessarily be the ones that see you safely through retirement. This section discusses the two types of investment risk in every investment portfolio and how to safeguard against them. It also helps you lay out a strategy to increase the likelihood that you won’t outlive your retirement assets.
SECTION 7: RETIREMENT DISTRIBUTION PITFALLS
How much money can you safely take out of your retirement accounts without risking running out of money? Does the order in which you withdraw your various assets in retirement matter? What happens if you experience market loss while taking distributions? This section discusses all of these retirement pitfalls and outlines strategies and solutions designed to create more certainty and predictability in your retirement plan.
SECTION 8: LONG-TERM CARE PLANNING
In this section, we’ll cover the Medicaid rules that govern asset spend-down in the event you should need long-term care. Then we’ll cover the four most common strategies used to mitigate long-term care risk. Finally, we’ll help you assess which long-term care planning strategy is best suited to your particular situation.
Instead of focusing on a specific strategy or topic, this course takes a more comprehensive view of your retirement. This broad-based approach lays a foundation for proactive planning in an updated, 21st-century context. Because of the educational nature of the class, no specific financial products are presented or discussed.
AN INTERACTIVE CLASSROOM SETTING
This course is taught by a nationwide network of instructors. These instructors are financial professionals from your community who bring to their classes years of experience and knowledge from their careers in personal finance. They often supplement their presentation with real life stories and experiences to help personalize the principles and strategies taught in their classes. This personal and interactive approach to the material helps make the educational process both practical and informative.
THE CHANGING WORLD OF RETIREMENT PLANNING™ WORKBOOKS
As part of this course, you will receive a two volume set of workbooks that provides examples and illustrations designed to reinforce the concepts taught in class. These workbooks help you follow along during the presentation and give you a step-by-step process to help implement the knowledge you obtain during the course.
OPTIONAL ONE-ON-ONE STRATEGY SESSIONS
If you have questions on how the principles you learned in this class apply specifically to your financial situation, you may arrange for a private strategy session with your instructor after the conclusion of the course. The strategy session is complimentary for all attendees but is not required.
Many of the retirement strategies utilized by your parents have grown outdated and may no longer have application to those looking to retire today. This class compares and contrasts the old retirement paradigms of yesteryear and the new paradigms of today as you prepare to retire in the 21st century. You’ll discover how to insulate yourself from the risk of rising taxes, protect your Social Security from taxation, and avoid common pitfalls as you distribute your assets in retirement.
Perhaps most importantly, this class will teach you how to develop a personalized strategy as you confront the challenges of retiring in a rapidly changing world.