Introduction to The New Retirement Paradigm

 

• Yesterday vs. Today’s retirement plan

• New retirement opportunities

• Identifying your values, goals, objectives and desires

• The retirement-planning process

• How long must your money last?

• How much will you need in order to retire?

• When can you retire?

• 10 biggest retirement-planning mistakes

 

Tax Implications During Retirement

 

• How different types of retirement assets and incomes are affected by taxation

• The impact and effect that rising tax rates could have on your assets and cash flow in retirement

• How much of your retirement savings accounts do you really own?

• What deductions will you lose in retirement?

• Could you possibly face a higher tax bracket in retirement?

• Tools and strategies to reduce, minimize and/or eliminate taxes in retirement

 

Estate and Legacy Planning

 

• How to transfer assets based upon your wishes

• Estate tax and other tax implications

• Wills, trusts and legal documents

• How living trusts work

• What is probate and do you need it?

• IRA Inheritance Trust

• Selecting power of attorney

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Risk Management

 

• Health Insurance, Medicare and Medicare Supplements

• Long-term care protection options

• How much financial risk am I willing to assume?

• The importance and benefits of life insurance

• What level of insurance do I require?

• Affordable Care Act known as Obamacare

• What are the necessary tools for giving me the coverage I need? 

 

Investment Objectives

 

• Retirement goals and time horizon

• Types of investment risks

• Types of investment strategies

• Cash accounts, bonds, stocks, mutual funds

• Exchange-traded funds (ETFs)

• Tax-deferred annuities

• Structured notes

• Market-linked FDIC-insured CDs

 

Income Planning

 

• How to properly draw income from your nest egg

• The impact of taxes and inflation
• Longevity risk
• Sequencing risk

• Social Security maximization – how and when to elect

• Employer-sponsored retirement plans
• Required minimum distributions (RMDs)
• Case studies

• Traditional IRAs, Roth IRAs, Roth conversions
• Strategies to maximize income and minimize taxes

• Direct vs. indirect rollovers
• Multi-generational and inherited IRAs