Social Security and Medicare in Sandy, UT

10100 Petunia Way,Sandy UT 84092

11 January, 2022

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 WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today.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. 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 Todd is the Founder and President of Heritage Wealth Management for over 20 years, he has helped numerous families and individuals along the Wasatch Front and throughout the western United States protect their retirement assets and prepare for retirement. He believes that it‘s vital for people to understand that their retirement may last 30-40 years, and that Income, Social Security and Safe Money Asset Management planning are crucial in this process. In his time in the financial services industry, Todd has found that most pre-retirees and retirees he works with are not concerned about running out of money, they’re fearful of running out of income. When he’s able to sit down with someone and help solve their retirement income needs with just a portion of their portfolio, utilizing the balance for an investment strategy, he can see the sense of relief in their eyes when they get it. He relishes those “ah ha” moments when clients relax, knowing that their income will be there throughout their entire retirement. Todd is a member of the National Ethics Association, is a recognized National Social Security Advisor and holds a Series 65 securities registration. Todd has been married to his best friend Laurel for over 36 years and they are proud parents of three children and grandparents of four. A native of Salt Lake County, he earned a finance degree from the University of Utah and a business degree from Salt Lake Community College. He enjoys traveling with his wife and family and taking advantage of the beautiful Utah outdoors.