Solving the Retirement Puzzle Educational Lunch in Aurora, IL

55 South Commons Drive,Aurora IL 60504

04 December, 2021

Description

Learn how the Economic Impact of COVID 19 can affect your Retirement. Capacity, seating, and tables arranged for social distancing. Clearly marked signs will direct you to the reserved classrooms. WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today.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. 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.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?Advisory services offered through Foundations Investment Advisors, an SEC Registered Investment Adviser. PRESIDENT / CEO, LICENSED FUDICIARY OF FREEDOM ADVISOR GROUP Ernesto Pacheco was born and raised in Aurora, IL  where he graduated from Northern Illinois University with a BS in Marketing. He started his professional career in the financial services industry at Bank One now known as Chase Bank. Ernesto has done financial advisement at Allstate Financial and managed and owned a Farmers Insurance & Financial Services Agency. In 2016 Ernesto went completely independent and formed Freedom Advisor Group where he works with pre retirees and retirees in retirement financial planning.    Ernesto Pacheco is a fiduciary registered investment adviser Freedom Advisor Group’s philosophy has been one of risk management. The cornerstone to Freedom Advisor Group’s success is the vigilant recognition that losses can hurt you more than gains can help you.  Ernesto specializes in helping those that desire safe stable returns that deliver solid growth but want to see their principle protected with as little risk as possible.  Ernesto enjoys the challenge of finding customized solutions to all of your financial needs. Whether you’re looking to increase the returns of your portfolio while decreasing the risks of investing, decrease your tax burden, or just get your financial affairs into order. Ernesto and  Freedom Advisor Group are uniquely positioned to help you accomplish all of your financial goals.