Retirement Income Planning by AFEA (American Financial Education Alliance)

810 South Frederick Avenue,Gaithersburg MD 20877

07 June, 2022

Description

WHAT YOU WILL LEARNRetirement income planning is the process of understanding how much income you’ll need during your retirement years to support the retirement lifestyle you want, and positioning your assets to provide that income. While there’s no such thing as a “one size fits all” plan, there are steps you can take to maximize the possibility of a financially secure retirement. How to plan for when your retirement will start, (including the impact of early retirement, delayed retirement, and working in retirement), how long it will last, and the retirement lifestyle you want Steps to estimate the amount of money you'll need in retirement to meet your goals, factoring in health-care costs, taxes, and inflationHow to supplement fixed income sources such as Social Security and an employer pension with your retirement savings, including the products and investment strategies you should consider, a sustainable withdrawal rate, and the best order to tap various accounts Kyle Winkfield of Finley Alexander Wealth Management will be your teacher for the evening. www.FinleyAlexander.com