The following is from Maplewood and South Orange Departments of Recreation, Parks and Cultural Affairs:
Educational Course for Retirees Rejuvenate Your Retirement®
Location Dates & Times
Maplewood Community Center
120 Burnett Avenue
Maplewood, NJ 07040
Thursdays Oct. 1 & 8 9:30 a.m. to 11:30 a.m.
or
Tuesdays Oct. 6 & 13 1:30 p.m. to 3:30 p.m.
Learn how to:
- Identify the primary threats to your retirement savings
- Plan your retirement income to preserve a comfortable lifestyle
- Afford and enjoy travel, hobbies, sports, crafts, socializing, business ventures and lifelong learning
- Align your investments with your attitudes, risk tolerance and objectives
- Apply strategies designed to increase Social Security retirement benefits
- Calculate whether you should convert your IRA to a Roth IRA
- Maximize tax efficiency of withdrawals from mutual funds and IRAs
- Evaluate and plan for health care, long-term care, incapacity and end of life decisions
Co-Sponsored by…
Maplewood and South Orange Departments of Recreation, Parks and Cultural Affairs
Life Planning in Retirement
- The retirement opportunity
- Evaluate your retirement
- Types of retirement activities
- Plan your retirement
- Implement your activities plan
Financial Concerns
- Financial planning changes at retirement
- Making your money last
- Calculating annual withdrawals
- Rates of withdrawal, returns and inflation
- How markets impact income withdrawals
- Income taxes and inflation
Investments
- Feelings versus behavior
- Six considerations before you invest
- Investments and risks
- Investment risk management strategies
- How investment returns are taxed
- Tax exempt versus taxable income
- Cash accounts and FDIC insurance
- Individually managed accounts
- Mutual funds versus exchange traded funds
- Immediate and deferred annuities
- Annuity withdrawal choices
- Fixed annuities
- Equity-indexed annuities
- Variable annuities
Retirement Income Sources
- Social Security eligibility and benefits
- Employment income and Social Security
- Social Security planning and considerations
- Four unique strategies to maximize benefits
- Traditional IRAs and Roth IRAs
- Required minimum distributions (RMDs)
- The “Stretch” IRA
- Tax efficient withdrawal strategies
- Roth IRA withdrawals
- IRA to Roth IRA conversions
- Other retirement income sources
Health Care Planning
- Health insurance for early retirees
- Evaluating the cost of coverage
- Medicare enrollment, coverage and choices
- Medicare insurance premiums
- Planning for long-term care expenses
- Long-term care insurance
- Legal planning
Estate Planning
- Fifteen reasons to update your estate plan
- Estate ownership and distribution
- Direct transfer assets
- Benefits of trusts
- Joint ownership of property
- The probate process
- The will
- Insurance and estate planning
- Types of taxes on estate assets
- Five estate tax reduction techniques
- Estate planning suggestions
This presentation should not be used as a basis for legal and/or tax advice. In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel. Estate planning is done in conjunction with your estate planning attorney, tax attorney, and/or CPA.
Who Should Attend
While there are many courses available for pre-retirement planning, this unique course focuses on the concerns, issues, and needs that are important to today’s retirees. Whether you’re planning for many years in the future or looking for immediate answers to financial concerns, this course provides an eye-opening experience.
Your Instructor
Your instructor is Michael P. Leanza, CFP®, Certified Financial Plannertm
Financial planning services provided by The GenWealth Group, a Registered Investment Advisor.
Securities offered through LPL Financial. Member FINRA & SIPC.
To Register (advance registration is required)
Call (973) 577-7083
Tuition : $39.00
You may bring one guest/spouse at no additional charge. Tuition includes one workbook.
