Planning For the Future -Aging and Financial Planning

FINANCIAL STRATEGIES FOR SUCCESSFUL RETIREMENT

With financial independence, retirement can be the most fulfilling time of your life.  This class covers important money management concepts and issues that are valuable to people near or at retirement.  Topics include how to reduce pressures on your retirement income and which assets are appropriate for retirement income.  A “hear it, see it, read it, write it” teaching method makes it easy for you to understand and remember the practical information.  No products or investments will be promoted or offered.  By condensing up-to-date financial information into three classroom sessions, this seminar gives you the answers you need.  A $30 material fee is payable to the instructor at the first class.

 

Course #           4361     Wednesday       NHS

6:30-8:30 PM    Starts 10/11/17  3 Classes

Steve Jacques                          Fee $29

Voya Financial Advisers Inc.

 

 

TAX FREE IN RETIREMENT

Many Americans assume that their taxes in retirement will stay the same or go down.  Unfortunately for most this may not be the case.  Historical federal tax rates have been as high as 91% in the 50’s, 70% in the 70’s and 50% in the 80’s.  Upon retirement social security may be taxable as high as 85% to the recipient and required minimum distributions from retirement accounts also can create substantial taxable income.  Include pensions, rental property income, capital gains, dividend and interest income and you can see the picture is somewhat unclear on future taxes.  Join us to learn about strategies that can help you get closer to a tax free retirement.

 

Course #           4460     Thursday           NHS

6:30-8:00 PM    Starts 10/26/17  1 Class

Michael Alimo                           Fee $29

USA Financial & Tax Services, LLC

INCOME PLANNING IN RETIREMENT

Retirement can be a very rewarding time in one persons life, however planning for retirement and preparing to have the income that is required to  meet ones needs can be quite challenging.  Many people want to secure a plan and know that they will not outlive their money in retirement as the safety net of their job and salary will be gone.  During this workshop, you will learn:  How to calculate what your needs will be; What your guaranteed sources of income are; How to maximize your social security to improve cash flow; If you collect a pension what are your options; What is an acceptable rate of drawdown on my retirement savings and how to prepare to adjust this; What are the potential resources to generate income throughout retirement; What are the guaranteed means for income creation and which are variable in nature; How taxes can affect the outcome of a persons’ income planning; How to plan for retirement if my spouse predeceases me; How can medical emergency and long term care impact the plan. 

 

Course #           4355     Monday NHS

6:30-8:30 PM    Starts 10/2/17    1 Class

Michael Alimo                           Fee $29

USA Financial & Tax Services, LLC 

THE CONNECTICUT PARTNERSHIP FOR LONG-TERM CARE

The Partnership is a unique alliance between State government and the private insurance industry developed to provide individuals with a way to plan for their long-term care needs without the risk of impoverishment.  The instructor will address how Medicare, Medicaid, and health plans impact long term care, and will also include a detailed explanation of how the Connecticut Partnership for Long Term Care Insurance Program works.  The class will be taught by an employee of the State of Connecticut’s Office of Policy and Management.

Course #           4258     Tuesday                        NHS

6:00-7:30 PM    Starts 10/3/17    1 Class

Aldo Pantano                             Fee $14

 

SOCIAL SECURITY CHANGES IN RETIREMENT

This is a great opportunity to learn KEY CONCEPTS you need to know before applying for Social Security.  Depending on your age, Social Security filing strategies may boost lifetime benefits and increase retirement income by tens of thousands.  Always consider Social Security payout as a component of your retirement plan.  We will inform you about:  January 1, 2017 Social Security regulation changes impacting  the filing timing options available to you; How Social Security benefits are calculated and the advanced planning required to increase them; Why married couples, divorced and widowed individuals can miss out on significant lifetime sums; How Social Security sums may be integrated into a retirement analysis projecting future monthly income; The “three legged stool” approach to retirement planning and how to support your needs in the future; What is your money earmarked for?  Income, growth, preservation, legacy?; Will I outlive my money in retirement?  How can I avoid this? 

 

Course #           4357     Wednesday       NHS

6:30-8:00 PM    Starts 9/20/17    1 Class

Michael Alimo                           Fee $29

USA Financial & Tax Services, LLC

 

THE JOYS, CHALLENGES AND FRUSTRATIONS OF AGING AND LIFE-PLANNING

Have you heard friends and family members talk about the frustrations and challenges of caring for loved ones?  In most cases these dilemmas result from a lack of focus or planning in understanding the impacts of Caregiving, Remote or Long-distance Caregiving, etc.  Do you wonder how and where to find the guidance and resources necessary to help enjoy or cope with these challenges?  This class is designed to equip you with tools and techniques to address these situations and is based upon years of successful work, related to managing complex Aging—Elder issues and family dynamics.

 

Course #           4329     Wednesday       NHS

6:30-8:30 PM    Starts 10/18/17  1 Class

Curt Symes                               Fee $29

 

 

CONFUSED ABOUT MEDICAID?

There is much discussion today about Medicaid—level of funding, changes and qualification.  Government and stat funded Medicaid is a very complicated process—spenddowns, asset preservation and family gifting are all major considerations.  This course will simplify the complexities, layout the process, terminology and resources, and answer many of your questions.  Remember, Medicaid and Medicare are separate but potentially related programs depending on individual situations. 

 

Course #           6385     Wednesday       NHS

6:30-8:30 PM    Starts 11/1/17    1 Class

Curt Symes                               Fee $29 

THE HOW-TOS OF ESTATE PLANNING AND RELEVANT DOCUMENTS

An Estate Plan is the greatest gift you can give a family member or loved one. You do not need to be a Millionaire to think about Estate Planning, rather consider the confusion having an Estate Plan will eliminate for  your family and heirs.  This course will lay out the parts of a plan and detail the steps to undertake in developing an initial Asset Profile and documenting the necessary components

 

Course #           6354     Wednesday       NHS

6:30-8:30 PM    Starts 10/4/17    1 Class

Curt Symes                               Fee $29

 

THE HOW-TOS OF MEDICARE

This is now an expanded class with two sessions and includes more Medicare plan analysis and discussion.  It is designed for people approaching age 65 who have questions regarding Medicare and related Medical, Dental, Vision and Long term Care Insurance?  It addresses the TV and media advertising, home mailers, etc. talking about—Medicare Part A, B & D—Supplements and Advantage Plans, Red-White-Blue Books, etc. 

 

Course #6208    Tues/Thurs        NHS

6:30-8:30 PM    Starts 10/24/17  2 Classes

Curt Symes                               Fee $54


THE VALUE OF FAMILY LIFEW PLANNING-WILLS, TRUSTS, POWERS OF ATTORNEY, HEALTHCARE DIRECTIVES, LONG-TERM CAR INSURANCE, ETC.


Are you concerned about the need and importance of having a Simple Will, Living Will, Curable Power of Attorney (POA), Health Care Directive & Proxy, Revocable & Irrevocable Trusts, DNR and so on?  Do you know what they mean, how they are created and the negative ramifications of not having them?  If the answer is no, then this class is for you and your spouse or significant other.  This is a how-to and planning class with references and examples.

 

Course # 6372   Wednesday       NHS

6:30-8:30 PM    Starts 10/11/17  1 Class

Curt Symes                               Fee $29

 

INTRODUCTION TO EXCHANGE-TRADED FUNDS (ETFS)

Due to the popularity of lower cost, passive approaches to investing, EFTs now have combined assets of over $2.8 trillion, with more choices than ever before.  Attendees will learn how ETFs might be used as part of an overall investment strategy, and what potential risks and pitfalls to watch out for.  This class is for educational purposes only—no products or services will be offered.

 

Session I

Course #           6448     Thursday           NHS

6:30-8:00 PM    Starts 9/28/17    1 Class

Andre Korogodon                       Fee $29

 

Session II

Course #           6485     Thursday           NHS

6:30-8:00 PM    Starts 11/2/17    1 Class

Andre Korogodon                       Fee $29 

SOCIAL SECURITY PLANNING—DO YOU KNOW WHICH STRATEGY IS BEST FOR YOU?

This ninety-minute presentation covers Social Security basics and reveals strategies for maximizing benefits.  We will discuss minimizing taxes on Social Security benefits and coordination of your Social Security benefit with your other sources of retirement income.  We welcome your questions about Social Security benefits as you explore your personal options.

 

Course #           6421     Thursday           NHS

6:30-8:00 PM    Starts 10/12/17  1 Class

Albert D’Agosto and                   Fee $29

Charles Yannich

Retirement & Money Strategies

 

WHAT ABOUT RISK?

It’s the 30th anniversary of the crash of 1987, but financial turmoil has also occurred more recently.   Twice in the last 17 years, the stock market has lost half of its value before recovering.  This class will examine the history of financial crises, stock market bubbles and “black swan events”, and the role of fear and greed in investor behavior.  This class is for educational purposes only—no products or services will be offered.

 

Session I

Course #           6430     Thursday           NHS

6:30-8:00 PM    Starts10/5/17     1 Class

Andre Korogdon                                     Fee $29

 

Session II

Course #           6432     Thursday           NHS

6:30-8:00 PM    Starts 10/19/17  1 Class

Andre Korogodon                       Fee $29