Solving the Retirement Puzzle Seminar in Ridgewood, NJ

113 Cottage Place,Ridgewood NJ 07450

30 October, 2021

Description

Plenty of street parking and parking in the rear of church. All parking spots available to use, including reserved and handicap. WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today.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 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’sDifferences between employer sponsored plans and IRA's.Is it time for the Roth conversions?RETIREMENT INCOME PLANNING How to accumulate dollars in different 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 may 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 help ensure you won’t run out of money in retirementHow to liquidate retirement assets in the right orderHow to help 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 potentially shield your assets from stock market volatilityWhy “asset allocation” alone may not be enoughHow to 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?David Maldonado offers Investment Advisory Services through Gradient Advisors, LLC (Arden Hills, MN 877-885-0508), an SEC Registered Investment Advisor. Gradient Advisors, LLC and its advisors do not render tax, legal, or accounting advice. Income Harbor LLC is not a registered investment advisor and is independent of Gradient Advisors, LLC. Insurance products and services offered through David Maldonado, independent agent. Income Harbor LLC, David Maldonado and Gradient Advisors, LLC are not affiliated with or endorsed by the Social Security Administration or any government agency. David Maldonado is a CERTIFIED FINANCIAL PLANNER™ professional. His one goal and passion is to help protect and grow his clients’ wealth responsibly. The relief and clarity he brings to those he helps is what gives him purpose. As a boy, growing up in the Bronx, he became one of the youngest Eagle Scouts in the nation at the ripe age of 13. This instilled in him a unique skill set of problem solving at a very early stage. He carries this solution driven, not product focused approach into his practice today. He is a proud graduate of Fordham Preparatory High School and Hunter College, Class of 1999. He is also an Investment Adviser Representative and holds a State of New Jersey License for Life, Accident & Health Insurance. When he is not working with clients, he spends his time with his family and three daughters.