Yale University Retirement Planning Workshop Outline

Yale University Retirement Planning Workshop Outline

Workshop Leader: David K. Carboni, Ph.D., CFP®

Session 1

Basics of Financial/Retirement Planning: Key concepts and approaches necessary to ensure a financially secure retirement. How to critically evaluate your financial options. Getting organized: Creating and identifying ways to improve your Cash Flow and Balance Sheets. Figuring out if you’re on Track to Afford to Retire.

Estate Planning Issues:  
The importance of an up-to-date will; de-mystifying” probate. Estate tax planning and selectively using trusts. The importance of Advance Directives. Considering the greatest opportunity for wealth transfer left to the mid-class.

Session 2

Social Security Retirement Benefits: How do they calculate my Retirement Benefits. How soon before retiring should I apply? Collecting Strategies from a financial planning perspective. What about spousal and widow(er)’s benefits? Will my benefits be taxed or reduced if I work or retire early?

Medicare and Health Insurance Planning: Medicare: Parts A and B. Costs involved. Are there “Gaps in Coverage”? When to Apply and penalties for not applying at the “right time.” How do Medi-gap policies or Medicare Advantage plans fit in? How is MA different when it comes to Medi-gap plans. Long-term Care Insurance: possibly the forgotten insurance. Do I need it? Why it may be important?

Managing Your Retirement Nest Egg: Managing your retirement investment planning
strategy during retirement. Advantages and Disadvantages of various Retirement Income Planning Approaches. How the equity in your home and an annuitizing strategy could allow your income to last your life-time, keep pace with inflation, and reduce risk.