Social Security and Retirement Income Planning
SOCIAL SECURITY and RETIREMENT INCOME PLANNING
One of the most important – and potentially confusing – decisions you need to make as you approach retirement is when and how to claim Social Security benefits. Over half of retirees apply for Social Security as soon as they reach 62, but by doing so, they significantly and permanently reduce their income and benefits for the rest of their lives. This workshop will help you gain a better understanding of what options and strategies are available to maximize your Social Security benefits.
We will also take a broader look at how to plan your retirement income and factor other retirement assets into your planning process. You will learn how to determine how much income you’ll need during your retirement years, and strategies that will help you to properly allocate your assets and reduce or eliminate taxes on your income.
You will leave with a better understanding of your finances and the knowledge to create and income plan that will last throughout your retirement.
Some of the Topics We’ll Cover:
- Rules and regulations you must understand before deciding when to start your benefits
- How to maximize Social Security benefits and how to minimize taxes on them
- Why married couples could miss out on the substantial benefits simply by not knowing the rules
- When it makes sense to delay benefits – and when it does not
- Strategies for coordinating Social Security with your IRA/401k and other income sources
- How your benefits are affected if you’re still working
- How to estimate the income you’ll need in retirement
- How inflation, taxes, healthcare costs, and longevity can impact your planning
- How to manage risk and allocate your assets
- The best order to draw from various accounts
- How to reduce or eliminate taxes on your income
- How to manage income streams from Social Security, pensions, and investments
- How to generate predictable and reliable income for life
REGISTER TODAY AND GET TO KNOW YOUR OPTIONS!
