This two hour workshop offers real world strategies and methods designed for those who are preparing for retirement or are in the early stages of retirement and planning on filing for their Social Security benefits. This workshop is designed to take the confusion out of the many different options available to begin receiving Social Security income and help you determine which option is best for you. Whether you are married or single upon completion you will know how to properly file for your Social Security benefits as well as how to choose the best filing option for your circumstances. You will also learn how income from other sources will affect the amount you are able to receive from Social Security and the tax implications involved.
Retirement income planning is the process of understanding how much income you’ll need during your retirement years to support the retirement lifestyle you want, and positioning your assets to provide that income. While there’s no such thing as a “one size fits all” plan, there are steps you can take to maximize the possibility of a financially secure retirement.
• How to properly file for Social Security benefits
• How to maximize the amount you are eligible for
• How to avoid common mistakes people make when claiming their benefits
• How to optimize your assets to minimize or avoid paying taxes on your Social Security benefits
• How much income you can make and still draw Social Security
• How Social Security is taxed
• How to file and restrict benefits
• How to claim a spouses benefit even if divorced
• How to plan for when your retirement will start, (including the impact of early retirement, delayed retirement, and working in retirement), how long it will last, and the retirement lifestyle you want
• Steps to estimate the amount of money you’ll need in retirement to meet your goals, factoring in health-care costs, taxes, and inflation
• How to supplement fixed income sources such as Social Security and an employer pension with your retirement savings, including the products and investment strategies you should consider, a sustainable withdrawal rate, and the best order to tap various accounts
• People who simply want to better understand how to file for Social Security
• Individuals and couples aged 50+ who want to increase their knowledge and training to help maximize their retirement years and Social Security benefits
• People who want to better understand their current portfolio
• Anyone who wonders if their plan has room for improvement
