Retiring Well in the 21st Century - 2-Day College Course

1200 West Algonquin Road,Palatine IL 60067

04 August, 2021

Description

This is a free 2 Night master class offered August 4th and 11th at 6:00pm. Learn how to Retire Now with More Income! This is a 2 part master class offered August 4th and 11th at 6:00pm. WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today. This class compares and contrasts the old retirement paradigms of yesteryear and the new paradigms of today. Attendees will discover how to insulate themselves from the risks of rising taxes, Social Security taxation, and how to avoid common mistakes that increase the chances or running out of money as you distribute your assets in retirement. BALANCED FINANCIAL INFORMATION This course is designed to give each attendee a comprehensive and Plain-English financial education, while also exposing various pitfalls and risks that threaten to derail many retirees today. This event is purely educational – no specific products or services will be offered. “RETIREMENT REDZONE” RETIRING TODAY • The old retirement vs. TODAY’S retirement • How to create a clear vision for retirement that could lead to less stress and more happiness. IMPORTANT TOPICS FOR RETIREMENT TODAY TAX RATE RISK • Why experts say tax rates could double • How rising taxes may affect your retirement cash flow • The “Catch 22” of 401k’s and IRA’s • How lost deductions may affect your taxes in retirement RETIREMENT INCOME PLANNING • The three basic retirement accounts • How to accumulate dollars in the right types of accounts for future retirement income • What’s better for you: tax-deferred or tax-free accounts? • How to define a “true” tax-free investment • When should you convert to a Roth? • How IRA’s and 401k’s cause Social Security taxation • Strategies to reduce or eliminate taxes in retirement MAXIMIZING SOCIAL SECURITY • The causes of Social Security taxation • The Social Security thresholds you need to be aware of • The real cost of Social Security taxation • Strategies to eliminate Social Security taxation • Social Security maximization strategies RETIREMENT DISTRIBUTION PITFALLS • How the new rules on “Rate of Withdrawal” affect People Nearing Retirement • How to ensure you won’t run out of money in retirement • How to liquidate retirement assets in the right order • How to eliminate “sequence of returns” risk WHY LOSSES DURING RETIREMENT MATTER • The impact of dramatic market loss in retirement • Is “buy and hold” appropriate in retirement? • How to safeguard against two types of investment risk • How to shield your assets from stock market volatility • Why “asset allocation” alone may not be enough • How to truly diversify your retirement portfolio Investment Advisory Services offered through Foundations Investment Advisors, LLC, an SEC Registered Investment Advisor. Thomas Michalowski began his financial services career with a financial marketing organization back in 2015. He worked along side over 100 independent financial advisors nationwide, creating financial plans for their clients and ultimately helping them grow their practices. Thomas soon realized that he was passionate about the lives he was helping retirees create by building these plans and wanted to do this on a bigger scale. In 2020, Thomas decided it was time for him to go out and start his own firm to help individuals plan for their financial future. Instead of pushing one product solutions, Thomas takes a comprehensive financial planning approach. In his words “The plan will always dictate the product” Thomas holds his Series 65 securities license and is a registered as an investment advisor representative. Thomas also hold a life and health insurance license in Illinois. Thomas is a graduate of Northern Illinois University with a Bachelor’s in Finance and Minor in Economics. During his time there, he was an active member of the Alpha Epsilon Pi Fraternity. Thomas is a native Chicagoan and is a lifelong Chicago sports fan. He enjoys spending time with friends and family and the casual round of golf.