The Changing World of Retirement Planning™

185 Plains Rd,Milford CT 06461

09 October, 2021

Description

Join us for refreshments and an educational workshop on the Changing World of Retirement Planning. COVID - Safe Precautions are in place. All Attendees will receive resources to keep as a reference. Join us for a free informative seminar on the Changing World of Retirement Planning. Light Breakfast and Lunch will be provided. You don't want to miss this important course! WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today.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. 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. 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 This course is offered by the National Society of Financial Educators (NSFE.org) Southern Connecticut State University is not affiliated with the event and should not be contacted regarding the program. DISCLAIMER: This e-mail and any attachments are intended only for the individual or company to whom it is addressed and may contain information which is privileged, confidential and prohibited from disclosure or unauthorized use under applicable law. If you are not the intended recipient of the e-mail, you are hereby notified that any use, dissemination, or copying of this e-mail or the information contained in this e-mail is strictly prohibited by the sender. If you have received this transmission in error, please return the material received to the sender and delete all copies from your system. Investment advisory and financial planning services are offered through Alphastar Capital Management LLC (“Alphastar”), a SEC registered investment adviser. Milford Financial and Alphastar Capital Management, LLC are separate and independent entities. Milford Financial offers insurance products through individuals licensed to sell insurance. Comments regarding guaranteed returns or income streams refer only to fixed insurance products offered by Milford Financial and, unless specifically stated, do not refer in any way to securities or investment advisory products offered by Alphastar. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company and are not offered or guaranteed by Alphastar. Please do not use email to request, authorize, or effect the purchase or sale of any security or insurance product or service, to send fund transfer instructions, or to affect any other transactions, as Alphastar is not authorized to accept these requests in electronic format. Any such requests, orders, or transactions sent via email will not be accepted and will not be processed. Alphastar outgoing and incoming email is electronically archived and recorded and is subject to review, monitoring and/or disclosure to someone other than the recipient. The transmission of information via email is not completely secure, and Alphastar cannot guarantee the security of personal information transmitted through email. All communications by Alphastar or any of its managers, officers, employees, representatives, affiliates or agents, are modified by the Terms of Use posted on www.alphastarcm.com. Scott Jacob - Partner203-780-2002 | [email protected] Scott has been in the financial services industry for over 15 years. He, specializes in retirement income, wealth management. As well as risks in retirement avoidance solutions. Scott also works with corporate clients in structuring in-depth employee benefits strategies and executive carve-out programs. Scott holds a FINRA Series 6 and 63 Registration and is Life & Health insurance licensed in most states. Scott holds the designation of ChFC, (Chartered Financial Consultant), CLTC (Certified Long Term Care Consultant) and NSSA Certification (National Social Security Advisors).  As well as being a member of the prestigious National Society of Financial Educators.  Scott is a graduate of Fairfield Prep where he played varsity hockey for 4 years. Scott graduated from Johnson & Wales University where he earned his bachelor’s degree while also playing Hockey for four years. Scott was recently inducted to the Johnson & Wales Athletic Hall Of Fame (class 2005, Hockey). Scott lives in Milford, Connecticut with his wife Lianne and their daughters Alexa and Darcy. Scott enjoys playing golf, skiing and spending time with his family while being an active part of the community Brian Bach - Partner203-780-2001 | [email protected] With over 30 years of experience, Brian has dedicated his career to providing a high level of quality financial counsel and outstanding client service. Brian helps his clients build and protect wealth by helping to maximize the value of their assets and enhancing their protection through strategically integrated and holistic solutions, helping them to achieve financial success. Brian also works with corporate clients in structuring in-depth employee benefits strategies and executive carve-out programs. Brian holds a FINRA Series 7,6, 63 and 65 Registration and is Life & Health insurance licensed in most states. As well as being a member of the prestigious National Society of Financial Educators.  Brian has received numerous industry awards at the highest levels, as well as being an active member in several local Chambers of commerce, Business Networking International, and The Connecticut Estate and Planning Council. Brian lives in Milford, Connecticut with his wife Caryn and their son Alexander. Together they enjoy sailing, skiing, hiking, and camping around the North East.