Retirement U Workshop in Warren, MI

14500 Twelve Mile Road,Warren MI 48088

26 August, 2021

Description

Class will fill up fast, seats are limited! WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today.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. TOPICS TO BE COVERED Common misconceptions about taxes in retirement.Understand the official new tax reform rules and their impact on your retirement.Understand the impact of the Tax Cuts and Jobs Act on retirement income streams.Identify tools and strategies available to retirees.RETIRING TODAY The old retirement vs. TODAY’S retirementHow to create a clear vision for retirement that could lead to less stress and more happiness.Understanding the keys to distributing your money in retirement.Understanding RMDs and the implications they have on your retirement.IMPORTANT TOPICS FOR RETIREMENT TODAY TAX RATE RISK How rising taxes may affect your retirement cash flow.The “Catch 22” of 401k’s and IRA’sAre employer sponsored plans better than IRAs?Is it time for the Roth conversions?RETIREMENT INCOME PLANNING How to accumulate dollars in the right types of accounts for future retirement income.Strategies on how to lengthen the life of your moneyWhen should you convert to a Roth?How IRA’s and 401k’s cause Social Security taxationMAXIMIZING SOCIAL SECURITY The causes of Social Security taxationThe Social Security thresholds you need to be aware ofThe real cost of Social Security taxationStrategies to eliminate Social Security taxationSocial Security maximization strategiesRETIREMENT DISTRIBUTION PITFALLS How to ensure you won’t run out of money in retirementHow to liquidate retirement assets in the right orderHow to eliminate “sequence of returns” riskWHY LOSSES DURING RETIREMENT MATTER The impact of dramatic market loss in retirementIs “buy and hold” appropriate in retirement?How to shield your assets from stock market volatilityWhy “asset allocation” alone may not be enoughHow to truly diversify your retirement portfolioHOW THE NEW SECURE ACT COULD IMPACT YOUR RETIREMENT: Changes to the RMD age for some!IRA Contribution Age Limit AlteredPositive Changes for Part-Time WorkersWhat's Happening to Stretch IRAs?Will We See Annuities Included More Often in Workplace Retirement Plans?FREQUENTLY ASKED QUESTIONS: Is there a cost to attend? No, there is no cost to attend. Do I need to bring anything? No, you will be provided with pen and paper to take notes. Will any investments or investment products be discussed? No there will not be any discussion of any investments whatsoever. Will I be pitched or sold anything? No, our classes are strictly educational. The most common feedback we receive is how nice it is to attend a truly educational workshop with no pressure. Advisory services are offered by Strategic Wealth Advisors Group, Inc, a Registered Investment Advisor in the State of Michigan. Insurance products and services are offered through Strategic Wealth Insurance Group, Inc, an affiliated company. Tim has been in the insurance and financial services business for over 15 years now. He has been consistently recognized as one of the top insurance agents at the companies he has worked for. Tim decided to venture into the independent insurance market and start his own insurance company, which is called Strategic Wealth Insurance Group, Inc. He also started his own Registered Investment Advisory firm, which is Strategic Wealth Advisors Group, Inc. He has a passion for his profession that is evident to everyone he meets. When creating both companies, his mission was to provide personalized, high quality financial services for a diverse group of clients at all income levels. His goal is to provide his clients with the highest level of customer service and dedicate his resources to meet their needs and earn their trust. He has created thousands of personalized plans aimed at helping his clients reach their financial and retirement goals. Tim is also the author of two books titled: STRATEGIC WEALTH: A Tactical and Practical Guide To Winning In Retirement and Federal Employee Retirement Made Simple: 11 Key Areas to Retire with Financial Peace as a Federal Employee. As an investment advisor representative, his credentials include Michigan Life and Health Insurance licenses and a Series 65 securities license. He also has his insurance licenses in Ohio, Pennsylvania, Michigan, Indiana, Illinois, Missouri, Arkansas, Kansas and Florida. Tim has achieved the National Social Security Advisor certificate from the National Social Security Association LLC in Cincinnati, Ohio. The NSSA certificate promotes advanced Social Security education providing Tim with the knowledge to counsel clients on the best way to claim Social Security benefits in order to optimize lifetime Social Security income. Tim has also earned two different designations dealing with federal employees and their retirement benefits. He is a Chartered Federal Employee Benefit Consultant (ChFEBC) and a Federal Retirement Consultant (FRC). For both designations, he had to pass a test and take both yearly continuing education and testing. Nothing is more important to Tim than his family. He is married to his beautiful wife Julie and has three amazing children, Devin, Kaitlynn and Daylana. His children mean the world to him. In addition to spending time with his wife and three children, you can frequently find Tim exercising at the gym. Other hobbies include playing golf, softball, watching his kids play their sports and traveling with his family.