The New Rules of Retirement Workshop Hosted in Greer, SC

804 Trade Street,Greer SC 29651

19 July, 2022

Description

WHY THIS CLASS MATTERS Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today. 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 AND SPEAKERS: Protecting your IRA’s and 401(k)’s Inflation, a volatile stock market, rising interest rates! Learn about options that work to protect your nest egg during these precarious times. Presented by George Fossing, local upstate Financial Advisor with 26 years experience.Legal Matters - Estate Planning, Wills, Trusts and protecting you and your in case of a lawsuit. Presented by local attorney, Wade Cupcheck of Cupcheck Law Firm.Tax Reduction Planning: Don’t pay a dime more then you should! Taxes are probably going up! Learn how you can potentially save thousands of dollars in taxes (more for you- less for the tax man!) Presented by Travis Smith, a local CPA.Health Care Costs & Considerations in Retirement- An important subject yet often overlooked when it comes to building a confident and bulletproof retirement. Learn the ins and outs of what you need to know about Medicare and long-term care. Presented by Mary Ellyse Fendig, a local Long Term Care Planning Specialist.Income in Retirement…Getting the most out of your Social Security benefits and creating your very own personal pension. Presented by Zach Jenkins, a local upstate Financial Advisor with over ten years experience.RETIRING TODAY 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.How 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 Why experts say tax rates could doubleHow rising taxes may affect your retirement cash flowThe “Catch 22” of 401k’s and IRA’sHow lost deductions may affect your taxes in retirementRETIREMENT INCOME PLANNING The three basic retirement accountsHow to accumulate dollars in the right types of accounts for future retirement incomeWhat’s better for you: tax-deferred or tax-free accounts?How to define a “true” tax-free investmentWhen should you convert to a Roth?How IRA’s and 401k’s cause Social Security taxationStrategies to reduce or eliminate taxes in retirementMAXIMIZING 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 the new rules on “Rate of Withdrawal” affect People Nearing RetirementHow 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 safeguard against two types of investment riskHow to shield your assets from stock market volatilityWhy “asset allocation” alone may not be enoughHow to truly diversify your retirement portfolioInvestment Advisory Services offered through Delta Investment Management, LLC, a Registered Investment Advisor. NorthStar Financial & Retirement Planning, LLC and Delta Investment Management, LLC are not affiliated. Annuity guarantees, including optional riders, are backed by the financial strength and claims-paying ability of the issuing insurance company. Insurance products, including annuities, offered through NorthStar Financial and Retirement Planning. Life and annuity licensed in SC License No: 1907278025, NC License No: 1000055563. Investing involves the risk of loss. Past performance is not an indication of future performance.