Financial Survival for Retirement Course (2 Part Series)

45255 W 10 Mile Road,Novi MI 48375

18 January, 2022

Description

This is a free 2 Night master class offered January 18th and 25th at 6:30pm. Learn how to Retire Now with More Income! WHY THIS CLASS MATTERS Learn Financial Techniques To Help Prepare For Living A Successful Retirement Lifestyle If you are retired or getting close to retiring, this course will teach you fundamental principles to help plan for the future. Learn techniques that are designed to help better manage and control your investments; get information on basic tax reduction strategies; increase your monthly income; preserve your life’s savings from investment mistakes and avoid unnecessary estate taxes. Learn how to plan for the threat of health care catastrophe; how to reduce taxes on IRA/401(k) distributions; and ways that you may be able to pass your life’s savings to your heirs with minimal probate, tax and legal costs. WHO SHOULD ENROLL This class focuses on the financial challenges and opportunities unique to today’s retirees. If you are either retired or getting close to retiring, and want straight-forward answers to your questions and concerns, you should enroll in this class. Topics will include all of the key financial areas that can help you achieve a successful retirement. Included will be a discussion of retirement opportunities created by recent legislation in Congress. BASIC TAX REDUCTION STRATEGIES Reduce taxes on IRA/401(k) withdrawalsReduce taxes on Social Security benefitsReduce or eliminate capital gains taxes on the sale of highly appreciated assetsAre you holding the wrong investments inside your IRA/401(k)?Basic estate tax reduction strategiesUnderstanding the new tax planSAVINGS PROTECTION FROM HEALTHCARE CATASTROPHE Use out-of-favor assets to provide for long term careHow does Medicaid Planning work, and can it benefit you?How long term care policies really work; Understanding the fine printPlan for the threat of long term care without using traditional insuranceESSENTIAL LEGAL DOCUMENTS Common mistakes made with a WillPowers-of-Attorney documentsLiving WillsIRA Asset Will: The most overlooked estate planning document todayDo you need a trust?COMPANY SPONSORED PLANS 401(k)s, 403(b)s, 457, PensionsDo I leave the plan at work or roll it over and why?Should I take the lump sum or a monthly pension?INVESTMENT MISTAKES Investing in uncertain economic timesThe eroding power of inflation on your retirement life’s savings: How much will inflation change the rules of the game over the next 10 years?Understanding the three phases of your financial lifeSpecial Module: Discussion of the recent Tax Reform, including how it will affect you in retirement & estate planningTHE MISSING ESTATE PLAN: PASSING ON IRAS, 401(K)S, AND OTHER ACCOUNTS Why many retirees could disinherit their grandchildrenWhy some IRAs pay as much as 70% or more to the IRSHow to use your retirement account to leave family legacyThe complicated rules for Required Minimum DistributionsHow to keep in-laws and your child’s creditors from raiding your IRA/401(k)Understanding Roth IRAs, including conversion optionsThe one legal document most retirees must haveFREE NO OBLIGATION Appointment for second opinionRisk analysisAsset MapIncome for life reportPlus- Estate planning Guest Speaker will cover, wills, trust and how to avoid probate. Investment advisory services are offered through Asset Preservation Capital, LTD, a Michigan registered investment adviser. Insurance products are offered through Carl Gill. The following is for informational purpose only and does not intend to make an offer or solicitation for the sale or purchase of any insurance products, securities, or investment advisory service. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein. As the president of Asset Preservation Capital, Carl Gill is focused on helping clients work toward their retirement dreams through a well-thought-out strategy for retirement income. Carl has worked in the financial services industry for more than 30 years with such firms as Dean Witter, Leonard and Company, and First of Michigan. Through attention to relationship building and excellence, Carl has built a solid practice over the years, expanding his business through programs, workshops, seminars and referrals from clients. Carl truly enjoys teaching his clients what they need to know about asset preservation and helping them create a strategy for their financial future. He focuses on retirement income strategies, annuities and life insurance, and is committed to providing exceptional service for his clients. He adheres to a code of professionalism and responsibility by following these covenants: competence, confidentiality, integrity and diligence. Carl holds life and health insurance licenses in a variety of states, including Michigan, Colorado, Florida Nebraska and Virginia. He lives in Bloomfield Hills, Michigan, with his wife, Olga Gill. Away from the office, Carl enjoys sailing and spends time giving back. His mission trips to Ecuador and South Africa to help build homes for villagers have taught him the importance of charitable giving and the true value of such commitments.