The New Reality
in Our Retirement

Course Outline

This comprehensive retirement course takes place over 2 separate nights and dives into deep detail on retirement planning. Your registration includes 2 workbooks.

The New Reality in Our Retirement Workbooks

1. Retiring in Our New Reality

Retirement planning in today's world is radically different from that of our parents and grandparents. We face threats to our retirement that heretofore never existed. We live in a world of interest rate manipulations by central banks, currency wars, massive sovereign debt and much more. Our retirement may only be possible by learning and applying updated concepts and smarter techniques, which are outlined in this course.

2. The Risk of Increasing Tax Rates

From an unbiased, numbers only perspective, we examine the reality of our nation's unfunded liabilities in programs such as Social Security, Medicare, Medicaid, etc. We will examine what happens to our tax deductions in retirement and look at how that affects our cash flow. Most of us have accumulated the bulk of our assets in tax deferred accounts like a 401(k) and IRA. If tax rates are forced higher in the future, we will be forced to withdraw more from our accounts which, over time, may be detrimental to our retirement. We will look at strategies that you can use to help protect your assets from the impact of potentially higher taxes.

3. Income Planning in Retirement

When it comes to income in retirement, how we have saved and allocated our money plays a major role. Having your assets in the right types of accounts may contribute greatly as to how long your money lasts or how much you have in reserve. Should you have an IRA? Should you have a Roth IRA? When do you know if a Roth conversion is an idea and how much should you convert? This sections shows you how to maximize cash flow in retirement.

4. The New Reality in Our Social Security Benefits

In the New Reality, if you have too much money in your taxable and tax-deferred accounts, you may be forced to pay taxes on your Social Security benefits. Unfortunately, many of us are not aware of that. In this section we will discuss the Provisional Income Formula and how it applies to your income. We will also look at the real cost of paying taxes on Social Security benefits. Finally, we will examine how you can potentially reduce or even eliminate taxes on your Social Security benefits.

5. Protecting Against Market Loss

Today's investment world is very different than it was 25+ years ago. Twice in the last 18 years we have had very destructive market downturns whereby many of us lost 30-50% of their account value. This section examines concepts that were once conventional wisdom that no longer hold and could be very detrimental to a successful retirement. We will look at traditional diversification as well as new areas of diversification to help mitigate loss of account values. We will discuss the concept of Buy & Hold and whether it works as well in today's New Reality. Finally, we will look at the most important key to retirement success and how it applies in real world examples.

6. The New Reality in Our Estate Planning

Estate planning is one of the most overlooked areas in retirement planning. In this section we will learn what an estate consists of and how assets are transferred. What is probate and how could my family be impacted by it? Can probate be avoided and how? We will look at the benefits of having a will as well as having a trust. We will discuss the Revocable Living Trust, how they work and the pros and cons of having one. Finally, we will discuss what happens in the event of you being incapacitated and what you could have in place to best deal with it.

7. The New Reality in Our Long-Term Care Planning

Paying for actual Long Term Care can be devastating to a retirement plan. In this section, we will discuss the Medicaid Spend-down rules and the rules for the Community Spouse. We will look at the traditional ways to deal with the expense of Long Term Care as well as examine new and updated methods that for many people are infinitely more palatable. You will be able to determine what best fits your situation.

We don't have to be smarter than the rest. We have to be more disciplined than the rest.”

—Warren Buffett