Core Retirement Conversation

You are receiving access to these resources because of your attendance and or interest in the recent workshop.

A Social Security & Medicare Workshop

Social Security Timing

Retirement Income

Healthcare in Retirement

Retirement Taxes

“We believe awareness is the first step in making well-educated decisions about the realities of your retirement.”

We hope you find value in these and if any questions or if you would like to see how we may be able to further help you with our services, you can call us or use the form at the bottom of the page.

Videos

videos arranged as how presented in the workshop

Your Retirement Big Picture -video

Importance of making decisions based on all your retirement puzzle pieces
Each of your retirement puzzle pieces should be optimized for the best fit for your plans.
Every retirement is unique, and decisions must be made based on your needs & realities.
Your retirement decisions must include recognizing and dealing with your retirement risks upfront.

Your Retirement Income & the Markets - video

Your success in retirement will be based on how successful your Retirement Income plan is.
Retirement Income strategies tied to the markets provide no certainty, predictability, nor efficiency.
Recognizing and making decisions based on where you are in life.

Your Need & Social Security Foundation - video

Importance of identifying your realistic income needs to support your desired lifestyle throughout retirement.
Your first goal in retirement planning is solving your income needs.
You start with optimizing your Social Security benefit and build it up from there
It is on you to figure out how to make pensions from your retirement accounts.

Your Critical Social Security Concepts - video

Recognizing & properly managing your Social Security as an asset.
Understanding the rules associated with your Full Retirement Age.
Importance of planning for longevity.
An uninformed choice, unless it is corrected within a year, continues for life!

Your Individual Benefits - video

Choosing when to take your benefit should be reviewed with all your retirement plans; knowing your retirement numbers.
From an income perspective, your benefit amount differences over a lifetime can be substantial.
Your lifetime benefits can be hundreds of thousands of dollars.

Your Spousal Benefits - video

There are spousal & ex-spousal rules that dictate your spousal benefits.
Understanding Top-Up and Deeming rules with spousal benefits.
Impact on spousal benefits if collect early or delaying benefits.

Your Advanced Filing Strategies - video

Recognizing there are numerous filing strategies between you & your spouse or ex-spouse that go into optimizing your benefits.
Wrong decisions can lead to thousands of dollars being left on the table.
Based on when you were born, you may be grandfathered in for strategies that can help further leverage your benefits.

Your Survivor Benefits - video

There are survivor & ex-spouse survivor rules that dictate your survivor benefits.
Planning for your surviving spouse is a critical part of retirement planning.
Understanding that when survivor benefits are received there is still a loss of an income source.

Your Assets & Plans - video

You are ultimately responsible for the management of your assets & plans.
Retirement will require you to be more active in managing and understanding the details of the plans you have in place.
Critical to ensuring all your plans are set up and moving in the right direction.

Your Risk Tolerance - video

Your retirement accounts must be managed from where you are in life.
Diversification is all about the right balance of risk in your portfolio.
A bond position still carries risks.
You must understand the impactful relationship between your time horizon, market recoveries, and distribution needs.
Unless it is spelled out in the contract, you have no guarantees.

Your Retirement Income Ingredients - video

Software simulations & projections of market outcomes by law cannot be called guarantees. They are only guessing.
Retirement income plans must provide predictable income amounts in order to provide a retirement with certainty.
Most retirement plans do a poor job of removing the risk of outliving your assets.
Retirement income plans can only be efficient if they use the least amount of assets to produce the income you need.

Your Retirement Tax Considerations - video

Interactions of various tax provisions can increase your overall tax liability.
Harvesting income from the wrong account at the wrong time can snowball into more income being taxed.
Recognizing Provisional Income, IRMAA, and RMDs and their impacts on your retirement.
Many of the Retirement Related Tax Issues can be minimized, planned for ahead of time, and even eliminated when proper Retirement Planning is done in Advance.

Your Retirement Healthcare – short-term care - video

When planning for retirement healthcare needs there are 2 distinct areas to plan for; short-term care and extended care.
When making Medicare decisions make sure your decisions are based on your needs and realities.
Your Medicare enrollment period will dictate what you can and cannot do and how much time you have.
Important to understand the 3 Medicare Coverage Groups where you can choose coverage from. Their differences, costs, coverage options, etc.
Each year, between Oct 15 and Dec 7, you should review your needs and your current coverage to make sure they will continue to meet your needs.

Your Retirement Healthcare – extended needs - video

When planning for retirement healthcare needs there are 2 distinct areas to plan for; short-term care and extended care.
Medicare does not provide long-term care (custodial) benefits.
Being able to answer where would the help come from if you or your spouse had an extended care need?
Long-term care is expensive - the care costs are very expensive!
Micro-inflation; recognizing the impact of inflation on care costs in the future.