Where will we be and when?
|Event Name:||Fairfield University Retirement Planning Workshop for faculty and staff-Session 2|
|Event Time:||Starts: 8:30 AM Finishes: 12:30 PM|
Fairfield University Retirement Planning Workshop-Session 2
-Social Security, Medicare, and Health Insurance Planning-After reviewing the "Basics of Social Security" (how much will I get; when will I get it; and what do I have to do to get it), we'll consider the "best time to take Social Security"; how spousal and widow's benefits work; and can you work and still collect benefits. We'll also review the Basics of Medicare and why it's important to shop carefully for an insurance plan to cover what Medicare does not.
-Housing and Location: In this session we'll consider why the decision on where you live in retirement is the single most imortant life-style decison a retiree will make. After reviewing some common relocation mistakes people make, we'll consider the various strategies of converting home equity to retirement income and the tax implications of the different strategies.
-Retirement Income Planning along with Managing Your Retirement Portfolio- Here we'll review the classic strategies used to generate retirment income while keeping pace with inflation. We'll consider how annuitization works and how it serve a role in providing adequate retirement income. We'll also consider the sources of investment risk in planning for retirement; which risks are prudent to avoid, and which to consider embracing, but managing. Finally, we'll review the classic techniques to manage investment risks.