Retirement Planning Bootcamp Course

This course is designed for people who are getting ready to retire or recently retired. The Retirement Planning Bootcamp Course will show adults ranging from ages 50-65 how to properly plan for retirement.

IT'S NOW TIME TO PREPARE FOR YOUR RETIREMENT!

ALL CLASS REGISTRANTS WILL RECEIVE A COMPLIMENTARY “LAST WILL AND TESTAMENT”

Learn how to:

Determine the amount of money you will need to retire

Decide which social security benefit is right for you

Eliminate debt and improve cash flow

Properly convert your IRA to a Roth IRA

Select the retirement plan distribution choice that is right for you

Plan your retirement income to preserve a comfortable standard of living

Transfer the risk of potential financial losses before and during retirement

Reduce or eliminate taxes, expenses, delays and legal challenges with Estate

Planning

Rollover your 401(k), 403(b), or other employer sponsored retirement plan

Learn 10 strategies to save money on this year’s taxes

Topics Covered:

1.  Life After Work

2.  Retirement Planning Obstacles

3.  The Impact of Taxes and Inflation

4.  Income in Retirement

5.  Retirement Plan Distributions

6.  Investment Planning

7.  Risk Management

8.  Will and Estate Planning

9.  Social Security

10.Insurance Planning and Asset Protection

Here are what some our current students are saying about “Retirement Planning Bootcamp”:

“This course was a great overview of the steps needed to secure your dream retirement.  Highly recommend this to anyone looking to get serious about their retirement”

“So far I am learning a lot.  The section on hidden fees is exceptionally helpful.  Thank you!

“Well presented, clear and easy to understand”

THE REASON RETIREMENT PLANNING EDUCATION IS VERY IMPORTANT

Tax laws are ever-changing, the Social Security program is in a financial mess, and employers are ditching pension plans which puts more responsibility on us to save for our retirement. Due to these factors, being financially educated when it comes to Retirement Planning has never been as important as it is today.

This course is designed to give pre-retirees and retirees a very easy to understand and easy to follow along blueprint that will help you make the best financial decisions for you and your family. This course will help you plan your retirement with absolute confidence whether your goal is to build up your retirement portfolio, protect your assets, or preserve your wealth so you can enjoy a stress free retirement.

In our Retirement Planning Bootcamp Class, you will learn about the many different ways to save for retirement and you will also learn many different ways to earn income during retirement. You will also discover investment risk management strategies that you probably haven’t heard of before, how to save money on taxes, and how to protect your assets from long-term health care expenses. You are also given a FREE LAST WILL AND TESTAMENT including a Health Care Proxy just for registering.

Most importantly, this class will show you how to assess your current financial situation and develop your very own customized plan to help you stay on track to achieve your retirement goals.

WE ARE FINANCIAL EDUCATORS – NOT FINANCIAL ADVISORS

When it comes to making financial decisions, you can find information on the topic anywhere. You can also ask 10 different people a question about a specific financial topic and you may just get 10 different answers. It can be tough to decipher these opinions and use them to make important decisions when it comes to your financial future. You can get this information from a financial advisor, but financial advisors main goal is to capture “Assets Under Management”. You are those “Assets” to them. Once the course is over, be prepared to be contacted non-stop as they will attempt to bring you into their office and sell you on their services as well as high commission products where their commission may not be in line with your objectives.

As Financial Educators, we do not manage assets. We do not sell products. We do not give conflicting advice. We TEACH. As an educator (and not a salesperson), our goal is to give you the most current information regarding every topic surrounding Retirement Planning. This education is 100% objective and ZERO selling of any product or service exists.

When it comes to planning and making crucial decisions about retirement, it makes sense to learn from a trusted, reliable source who specializes and teaches the topic everyday WITHOUT the worry of being sold.

THIS CLASS IS FOR:

This class is designed for adults who are planning for their retirement whether retirement is several years away, right around the corner and even if you are recently retired. The content is relevant for those who work or have worked as an employee and those who are self employed.

Whatever stage you are in, Retirement Planning Bootcamp will help you learn how to build wealth and protect your wealth so you can accomplish your financial goals and live the lifestyle you have always envisioned in retirement!

COURSE AGENDA:

Section One – Life After Work

• Defining your ideal retirement

• Financial resources in retirement

• Opportunities and responsibilities for today’s retirees

• Preparing your retirement plan

Section Two – Retirement Planning Obstacles

• Common obstacles and how to avoid them

• Budgeting

• Good debt vs. bad debt

• Compounding interest

• Tax planning strategies

• Taxable vs tax advantaged investments

Section Three – Inflation and Taxes

• The number one fear in retirement

• Early retirement and longer life expectancy

• Inflation, the silent robber

• Retirement confidence

• Don’t forget to include taxes

• How to calculate how much you will need in retirement

Section Four – Income in Retirement

• Individual Retirement Accounts

• Roth IRA conversions

• Defined benefit vs defined contribution plans

• Investment income

• Employment income

• Annuity income

• Rental income

• Home equity

• Information age

Section Five – Retirement Plan Distributions

• Annuity vs lump sum

• Single life vs joint and survivor

• Advantages and disadvantages

• IRA rollover options

• Cashing out can cost you dearly

• Comparing distribution options

• In-service distributions

• Required Minimum Distributions

Section Six – Investment Planning

• Risk tolerance

• Time horizon

• Investment objectives

• Investment categories

• Stocks

• Bonds

• Covered calls

• Mutual Funds

• Investment fees and expenses

• Exchange Traded Funds

• Annuities

Section Seven – Risk Management Strategies

• Types of investment risk

• Diversification

• Asset allocation

• Rebalancing

• Stop loss

• Dollar cost averaging

Section Eight – Wills and Estate Planning

• Objectives for Estate Planning

• Wills

• Health Care Proxy

• Durable Power of Attorney

• Estate Taxes

• Probate

• Trust Account types

Section Nine – Social Security

• History of Social Security

• Current state of Social Security

• Full retirement age, reduced benefits, and maximum benefits

• Taxation on retirement benefits

• Earned income and benefit reduction

• Spousal benefits

• Future of Social Security

Section Ten – Insurance Planning and Asset Protection

• Life insurance needs

• Mortgage protection

• Income replacement

• College expense

• Final expense

• Whole life

• Term

• Disability

• Health insurance

• Medicare

• Long term care

AN INSIDE LOOK INTO THE CLASS:

Section One – Life After Work

If tomorrow is your first day of retirement, and you don’t have to wake up and go to work, what does your ideal day look like? How about your ideal week, or month? Have you even given it much thought as to what your dream retirement looks like? Do you want to travel the world, or spend more time at home enjoying time with family, or taking up a new hobby. How about turning a hobby into an income generating business to supplement your other sources of retirement income? In order to achieve your financial goals in retirement, you need to have a clear vision of what your lifestyle will look like. Traveling the world or spending time with family are both great ways to spend time in retirement. However, they require two different levels of financial resources. In this section, we help you you figure out exactly what it is that you want to do in retirement and from there you will learn how to properly plan to meet those goals.

Section Two – Retirement Planning Obstacles

Mistakes can be costly. They can set you back years. In this section we explore the most common obstacles that people face while preparing for retirement and then we show you how to avoid these costly mistakes. We then cover budgeting. If you are like most people, there never seems to be enough money left over at the end of each month. In this section we give you a brief exercise to explore that will help you track all of you unnecessary spending. Once you can identify where you are spending money needlessly, you can cut-back on those items and put the extra savings into an investment plan for retirement. We also take our first dive into the subject of taxes. We cover the taxable vs tax-advantaged investments as well as several strategies to help you save money on taxes each year.

Section Three – Inflation and Taxes

According to a study by the Benefit Research Institute, 64% of current retirees retired by age 65 or earlier. However, the same study shows that current workers plan to retire after age 65. There is a big discrepancy between when they expect to retire and when they actually do retire. Some of the reasons why people retire earlier than expected are for reasons out of our control, therefore you might not have as long as you had hoped to to plan for retirement. In this section we show you how to plan for various scenarios such as how long your money must last and how to figure out how much money you will need to live on while factoring the impact that inflation and taxes will have on your income.

Section Four – Income in Retirement

In this section we discuss the various tax-deferred ways to save for retirement including employer sponsored retirement plans and IRA’s. We also cover various sources of income pre-retirement and during retirement such as pensions, Social Security, investment income, as well as other unique ways to supplement your main sources of income.

Section Five – Retirement Plan Distributions

Did you know that the IRS will penalize you up to 50% if you don’t take money out of your qualified retirement plans in time? That is a crazy penalty. We will show you when you have to do this to avoid this penalty as well as other ways to minimize taxes and penalties when making retirement plan withdrawals. Did you know that you could rollover your company sponsored retirement plan while you are still working for that employer?? There are a lot of options that you have when it comes to taking money out of your retirement plans before and during retirement. In this section we go over the pro’s and con’s of each option you have as well as how to avoid a very simple mistake that could cost you tens of thousands of dollars when transferring your money. We also cover the many different options you will have when selecting a monthly annuity payment from your pension. This decision is permanent and cannot be changed. We explain the different annuity payment options and the pro’s and con’s of each.

Section Six – Investment Planning

Bring a pen and notepad for this section because we cover a lot of ground. When it comes to retirement planning, a lot of that planning revolves around your investments. We begin this section by showing you the importance of knowing your risk tolerance, time horizon, and investment objectives. Then we move on to explore the many different types of asset classes and investment categories, such as stocks, bonds, cash, covered calls (an excellent source of income), mutual funds, exchange traded funds, separately managed accounts, and annuities. The most eye-opening part of this section is our discussion on mutual fund fees and the other various forms of unnecessary fees, where to find them, how much it will cost you (a few hundred thousand dollars on a modest size portfolio over the course of your retirement), and the more cost efficient alternatives that are available to you.

Section Seven – Risk Management Strategies

Now that you are familiar with the many different types of investments that you learned in Section Six, now we want you to learn how to properly manage the investment risk in your portfolio. Every asset class has risk, even cash as you learned in last section’s story about Warren Buffett. You can’t fully eliminate risk, but you can certainly control it. In this section, we will go over the many different types of risk that each asset class is exposed to and how you can minimize that risk. Some of the topics covered are Asset Allocation, Diversification, Rebalancing, and Stop Losses.

Section Eight – Wills and Estate Planning

42% of Americans do not have a simple Will. As our way of saying “Thank You” for registering for our class, we give all class registrants a very detailed 18 page Last Will and Testament. If you go to an attorney to get this done, you will pay at least $500. Now that you have this Will, USE IT!!! In this section we cover the very important topic of Estate Planning. Contrary to what many believe, estate planning is not just for the wealthy. Everyone needs estate planning. The reason: If you have an estate plan, you will be able to make important decisions regarding your healthcare, your assets, minimizing taxes, providing for your family and loved ones and much more while you are living as well as after you pass away. Without an estate plan, the state courts will make these decisions for you. That is a pretty scary thought. We will go over the benefits of having a Will, the benefits of a more detailed estate plan, as well as other topics such as estate taxes and how to minimize this and probate and strategies to avoid probate. Lastly, we will cover the many types of Trusts and the advantages and purposes of each.

Section Nine – Social Security

This is a hot topic. The big question many of us have is “Will Social Security be there when I need it?”. We answer that question in this section. It is no surprise that the Social Security program has been in a financial mess for quite some time, and recent estimations are that the two trust funds that make up Social Security will be depleted by 2034. What does that mean for you and how will that impact your retirement? Find out in Section Nine. We also show you when you can collect your benefits and how your income will be impacted depending on what age you start to collect your benefits. Many people take their benefits early and also work part time or full time. Doing so can have a negative impact. We will show you how much you can make without impacting your retirement benefits. We also talk about taxation on your benefits, spousal benefits, and the future of Social Security.

Section Ten – Insurance Planning and Asset Protection

We thought it would be appropriate to end the course with this topic. The final piece to a proper retirement plan is protecting you and your assets. If you do everything right, but skip this step in the planning process, you could still experience a major financial loss that could be avoided. We begin this section by addressing the most common needs for life insurance such as income replacement for your loved ones, college tuition coverage, mortgage protection, and the cost to pay for final expenses. There are a few types of life insurance and we explain the pro’s and con’s of Whole Life and Term Insurance. Next we move on to the topic of Long-Term Care. Approximately 70% of Americans who reach retirement age will need some form of Long Term Care. We explain what this coverage is, how much it can cost as well as the major cost of doing nothing, and the expected length of time long term care will be needed. Finally, we end this section addressing the topic of health insurance and disability.

WHAT TO EXPECT AND WHAT YOU WILL GET:

CLASS INSTRUCTION:

Retirement planning was never taught in our formal years of educations. It is up to you as an adult to take the time and learn this information. You will discover more information on the topic of Retirement Planning in our six-hour course, than most people will receive in an entire lifetime.

Our instructors are qualified financial professionals who have earned the formal designation of “Retirement Planning Specialist”.

CLASS OBJECTIVE:

Unlike the “free dinner seminars” that you have probably been invited to (every night of the week), we do NOT sell during this class. We do NOT promote a single product like most people do at these dinner seminars. This is a 100% educational program that ties together every single aspect of retirement planning and how you need to integrate each topic to have a proper plan.

Attend our class and learn how to:

• Create a plan to retire early

• Take advantage of new tax laws

• Make sure your retirement plan is properly allocated

• Take advantage of the most cost efficient investments and risk management strategies

• Mare sure your estate plan is current