Retirement Planning F3eF3eF3eF3e The Foundation for Financial Education -Presents- A Financial Education Workshop A 501(c)(3) Nonprofit Organization f3e.

Slides:

Advertisements

Similar presentations

Planning for Chronic Illness 1 Planning for Chronic Illness Estate, tax, financial, insurance, legal and other practical planning considerations for those.

Advertisements

Insured Annuity Increase your after- tax Retirement Income Insurance Concepts.

Legacy Max Keep Success in the Right Hands Ras. Changing Financial Objectives  Estate planning goals can shift from accumulation to conservation  Your.

Estate Tax Law Update Castle Financial Advisors, LLC Like the Knights of Olde, Our Advisors Pledge to Help You Build & Fortify Your Financial Castle.

DISPOSITIVE PROVISIONS OF WITH NO PLANNING SETTLOR Living Trust ALL TO SPOUSE NO ESTATE TAX $6,000,000 TO HEIRS Unlimited Marital Deduction TAX AT SPOUSES.

Wealth Transfer & Estate Planning with IRA Assets Create A Legacy with Individual Retirement Accounts For Producer Use Only. Not to be Used with Existing.

USAA.COM Estate Planning Basics June 28, 2011 Joseph “J.J.” Montanaro CERTIFIED FINANCIAL PLANNER ™

Building Wealth: Saving & Investing Presented By: Bruce Potter, CFP (R), Potter Financial Solutions.

Investing in your small business success. Agenda  Protecting your business  Banking outside the box  Investing in the future.

LBL7166 Allstate Insurance Company 1 Financial Focus Estate Planning for Uncertain Times Not FDIC, NCUA/NCUSIF insured * Not a deposit *

©UFS Financial Planning 101 Investment Advisory Services offered through Investment Advisor Representatives of MetLife Securities, Inc. (MSI), 200 Park.

Chapter 20 Estate Planning. Copyright ©2014 Pearson Education, Inc. All rights reserved.20-2 Chapter Objectives Explain the use of a will Describe estate.

Eileen St. Pierre, Ph.D., CFA, CFP® Personal Finance Specialist Oklahoma State University ESTATE PLANNING.

Wills and Trusts Prepared by Eileen St. Pierre, Ph.D., CFA

Protect Your Retirement. Three Phases of your Financial Life Phase One Accumulation Accumulation Phase Two Protection Phase Three Phase Three Distribution.

1 George Washington University Estate Planning Essentials October 2, 2010.

Truth About Estate Planning Law Offices Of Arthur J. Pauly, Jr. What You Should Know Before You See An Attorney.

Make the most of your Retirement Account for you and for those you care about most… The STRETCH IRA Plus Source: Investment Company Institute.

Presented by Your Year-End Action Plan. What Should You Do? First, do not let the uncertainty stop you from acting. We will always have political uncertainty.

FOR FINANCIAL PROFESSIONAL USE ONLY – NOT FOR PUBLIC DISTRIBUTION Policies issued by American General Life, a member company of AIG, Name Title Live Longer.

Today’s Lecture #22 Managing Life and Health Risks Financial Impact of Death Disability Retirement Estate Planning Wills Trusts Guardians Federal Estate.

Goal Setting "The indispensable first step to getting the things you want out of life is this… Decide what you want.” Retirement – when…how much… Home.

Tennessee Bar Association “Legal Handbook for Tennessee Seniors” Presented By Tennessee Bar Association Public Education Committee.

Retirement and Estate Planning

6 -1  Developing awareness  Sources of income  Tax issues and strategies  Estate planning and powers of attorney 6. Finance, Taxes, and Estate Planning.

1 Key Personal Finance Issues for Bob Carlson Editor, Retirement Watch AAII-DC October

Welcome. Workshop Objectives Introduce Introduce Educate Educate Illustrate Illustrate.

Retirement and Estate Planning

WELCOME TO OUR ESTATE PLANNING CLASS Estate Planning & Elder Law Services, P.C.

Getting the most from the retirement you deserve Enjoying your retirement: Wealth-management solutions tailored to your needs Income generation Estate.

Personal Finance Ece Yavuzbaş Gökçe Uz Tevfik Kumru Kemal Pınarbaşı 1.

Estate Planning Parman R. Green University of Missouri Extension Ag Business Mgmt. Specialist

Protecting your estate Allow your legacy to live on.

11 The Changing Landscape: Your Strategy Preserving retirement assets and generating desired retirement income can be a challenge. The future can seem.

It’s Your Money! Week 3 & 4: Financial Planning. What is Financial Planning? A PROCESS not an event Balances today’s needs with goals for the future Analysis,

Take Shelter from the 2013 Tax Storm Chad Smith CFP®, ChFC, CLU.

Retirement Income and Estate Planning. Social Security A public pension plan established by the US government in 1935 – defined benefit plan Recipients.

We have two primary financial problems: DYING TOO SOON… DYING TOO SOON… OR LIVING TOO LONG… OR LIVING TOO LONG…………..FINANCIALLY.

One policy, many purposes

Health Care Stimulus 103 presented by Stan Royer, President Brian M. McCook February 18, 2010.

Financial Planning Toolkit: Reverse Mortgages March 2014 Reverse Mortgage Funding Social Security Delay.

Contractual Savings Conference Larry Zimpleman Executive Vice President Principal Financial Group April 30, 2002.

Planning For the Future Financial Literacy Copper Hills High School.

A financial education workshop Presented by Financial Pitfalls FEPFEP A 501(C)(3) NONPROFIT ORGANIZATION The Financial Education Partnership.

Multiple Asset Locations Jakub Karnowski, CFA Portfolio Management for Financial Advisors.

FINANCIAL PLANNING FOR THE ART OF MEDICINE Presented by: Lissa M. Benton Financial Services Professional Property & Casualty Broker.

Asset Reposition C haritable A sset R epositioning E state Plan WEALTH REMAINDER TRUST (OPTIONAL) CHARITY CHARITABLE REMAINDER TRUST Income For Life Charity.

ESTATE PLANNING WORKSHOP PRESENTED BY Allan M. Soto, Esq McFadden Avenue Westminster, CA

Presenter Name Presenter Title January 22, 2016 ©2007 Lincoln National Corporation LFD Planting seeds for the future Balancing retirement income.

Retirement Planning FEP The Financial Education Partnership -Presents- A Financial Education Workshop A 501(c)(3) Nonprofit Organization fep fEp.

FINANCIAL PLANNING IN UNCERTAIN TIMES PRESENTED BY THE FINANCIAL EDUCATION PARTNERSHIP | (240) | A 501(C)(3)

Retirement Income and Estate Planning. Social Security A public pension plan established by the US government in 1935 – defined benefit plan Recipients.

Insurance Insurance: an arrangement where a company or government agency provides guaranteed compensation in case of a certain event for a premium (payment).

Chapter © 2010 South-Western, Cengage Learning Retirement and Estate Planning Planning for Retirement Saving for Retirement 15.

Joe & Mary Client April 11, Objectives To educate you on the Joe & Mary Client estate plan To measure the impact inheritance may have on your life.

A Greater Good: Steps for Maximizing Charitable Giving A Legacy Planning Seminar Sponsored By: Securian Financial Advisors of ND, Inc Memorial Highway,

| (240) | F3EF3E The Foundation for Financial Education A 501(C)(3) NONPROFIT ORGANIZATION A Financial EducationWorkshop.

Chapter © 2010 South-Western, Cengage Learning Retirement and Estate Planning Planning for Retirement Saving for Retirement 15.

Insuring Your Life Chapter 8. Insurance Concept Protect Assets and Income.

By: John P. Dedon 1775 Wiehle Avenue, Suite 400 Reston, Virginia (703) VADA Family Convention Greenbrier MONUMENT.

FARM TRANSITION: PLANNING FOR THE NEXT GENERATION.

Maximizing Your Financial Plan A financial education workshop presented by F3EF3E The Foundation for Financial Education A 501(C)(3) NONPROFIT ORGANIZATION.

Shaping your Financial Future Strategies to Leverage the Benefits of the Local Government System.

STYLUS Asset Management Welcomes You To Our  Richard Rizzo, Bateman MacKay  Brennan Carson, STYLUS Asset Management.

1 IRA Changes and Strategies You Must Know Bob Carlson Editor, Retirement Watch AAII D.C. Metro June 18,

Personal Finance Estate Planning

2013 VADA Family Convention SunTrust Presentation

Home Builders Association of Alabama

Estate Planning Basics in 2015

Estate and Long Term Care Planning

Presentation transcript:

Retirement Planning F3eF3eF3eF3e The Foundation for Financial Education -Presents- A Financial Education Workshop A 501(c)(3) Nonprofit Organization f3e f3E

Retirement Planning Eroding factors: f3Ef3E f3Ef3E Eroding Factors 1 Volatility Volatility Lost opportunity costs Lost opportunity costs Lawsuits Lawsuits Umbrella Umbrella Interest rates Interest rates Taxes Taxes Inflation Inflation Death Death Disability Disability Fees & expenses Fees & expenses

Retirement Planning f3ef3e f3ef3e

Taxes & Inflation Your tax bracket Your tax bracket Tax-free Tax-free Tax-deferred Tax-deferred Roth Roth Conversions Conversions $1,000,000 example $1,000,000 example Tax shelters Tax shelters f3Ef3E f3Ef3E 2

Retirement Planning f3ef3e f3ef3e

Legacy-Planning Issue f3Ef3E f3Ef3E 3 Survivor benefit pension Trusts Beneficiary designation Charitable Remainder Trusts Revocable Living Trusts Life insurance

Retirement Planning f3ef3e f3ef3e

Sources of Retirement Income The above chart represents a breakdown of typical income sources for a current retiree. f3ef3e f3ef3e 4

Retirement Planning f3ef3e f3ef3e

What will they be when I’m retired? Source: Hilliard Lyons f3ef3e f3ef3e 5

Retirement Planning f3ef3e f3ef3e

Eroding factors: Mortgage Strategies in Retirement f3ef3e f3ef3e 6 15-year vs. 30-year 15-year vs. 30-year Paying extra Paying extra No mortgage vs. large mortgage No mortgage vs. large mortgage Reverse mortgage Reverse mortgage

Retirement Planning f3ef3e f3ef3e

Eroding factors: Estate Planning f3ef3e f3ef3e 7 Avoiding probate and taxes Avoiding probate and taxes The three parts to a Will The three parts to a Will Revocable living trusts Revocable living trusts Beneficiary designations Beneficiary designations Long-term care and protecting your assets Long-term care and protecting your assets Gifting Gifting

Retirement Planning f3ef3e f3ef3e

Eroding factors: Reducing taxes Reducing taxes Mitigating liabilities by increasing protection Mitigating liabilities by increasing protection Spend more / enjoy more: can’t live or outlast! Spend more / enjoy more: can’t live or outlast! Results of avoiding financial blunders Results of avoiding financial blunders Maximizing wealth Maximizing wealth Minimizing risk Minimizing risk Exit Strategy f3ef3e f3ef3e 8

Retirement Planning f3ef3e f3ef3e