Surgent's Securing a Comfortable Retirement in the Age of Spending

Objectives:

• Help clients determine retirement strategies for the desired retirement lifestyle
• Identify resources available for retirement
• Explain how budgeting can identify retirement resources
• Understand how to build the three-legged retirement stool: employer retirement, savings, and Social Security
• Understand the need for Plan B when the ideal retirement goal is not achievable
• Explain ways that clients can convert the equity in a home to retirement income
• Explain how the value of a small business can be converted to retirement income
• Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples
• Understand timing regarding the use of taxable retirement funds and nontaxable funds, and strategies to minimize income tax on Social Security
• Recognize the role of various investment types, such as life insurance, annuities, mutual funds, equity holdings, and bonds in retirement planning
• Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles

Major Topics:

• Retirement planning using variables such as desired lifestyle, travel plans, housing plans, medical needs and family needs to customize a retirement plan unique to the client
• Using the residence and other real estate as retirement assets through equity and rent
• Using the small business as a retirement resource through creative retirement plans
• Overview of asset allocation, portfolio management, portfolio rebalancing, and investment selection concepts, before and after retirement
• The three-legged retirement stool of employer retirement, savings, and Social Security
• Distribution/asset liquidation planning
• Analysis of the most current/important research on retirement planning and sustaining retirement income levels

Major Topics:

• Retirement planning using variables such as desired lifestyle, travel plans, housing plans, medical needs and family needs to customize a retirement plan unique to the client
• Using the residence and other real estate as retirement assets through equity and rent
• Using the small business as a retirement resource through creative retirement plans
• Overview of asset allocation, portfolio management, portfolio rebalancing, and investment selection concepts, before and after retirement
• The three-legged retirement stool of employer retirement, savings, and Social Security
• Distribution/asset liquidation planning
• Analysis of the most current/important research on retirement planning and sustaining retirement income levels

Designed For:

Prerequisites: