Maggie's Retirement Planning School
Are You thinking about retiring? Join our Office Manager, Maggie, as she helps us present a collection of short videos that will take you through the logical steps that we use when asked to create a comprehensive retirement plan for our clients, based on my book, The Retirement Dilemma. From deciding your pre-retirement budget to estate planning, our retirement planning process is designed to be understandable, customized and transparent. Check back often, we are adding classes all the time!
Class 1: Your Projected Retirement Budget
The very first step in any retirement decision is to fgure out if your retirement income will cover expenses. This video discusses the first step in the retirement planning process, creating a Projected Retirement Budget from author Rick DiBiasio CFP (TM) who wrote the Retirement Dilemma (avaialable on Aazon.com).
Class 2: Can We Retire?
Before you decide to retire, at least voluntarily, it's always good to make sur eyou have a lifetime worth of income setup. In this video we show you how we at Latitudes use a fairly simple back of the envelope method to quickly see if you have a funded or under-funded retirement.
Class 3: Social Security Basics
Any comprehensive retirement planning should include Social Security retirement income and how to make the best choices. In this class, we talk about FRA (Full Retirement Age) and PIA (Primary Insurance Amount) 2 terms that are important in understanding the Social Security Retirement Plan.
Class 4: Are You Funded or Underfunded?
We give you a simple formula for determining if you can retire now or delay the decision.
Class 5: Spouses and Social Security
Spouses and Social Security: Making the right spousal selection for Social Security. What happens if you are divorced or widowed?
Class 7: Should You Take Social Security at Age 62?
Should you take Social Security Retirement Benefits early? You can take Social Security benefits at age 62, should you?
Class 8: RMD's
Do you know how much money you have to take out of your IRA and other Retirement Accounts when you reach age 701/2? Let' talk about it.