Free retirement planning workshop in Greensboro, NC

Feeling overwhelmed by the thought of retirement planning? We’ve partnered with the American Financial Education Alliance (AFEA) to provide free retirement planning workshops. AFEA’s mission is to inform and empower Americans to take control of their finances by providing comprehensive financial education in communities nationwide. Get your questions answered by an independent financial advisor. You don’t have to be a client. We just want to share this critical knowledge with the Greater Greensboro community.

Two workshops in one!

We will cover both of these important topics at each workshop:

Retirement Income Planning
Taxes In Retirement

Retirement Income Planning

Retirement 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 inflation
How 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

Taxes In Retirement

Efficiently managing your taxes involves many intricate details and strategies — and a clear understand of any changes to the tax code. To prepare and plan for the future, we would like to invite you to our class, Taxes in Retirement. Learn new tax tips and receive reminders on key items to help you reduce your liabilities and meet your financial goals.

How and why the marginal tax system differs in your retirement years to your detriment
Will you really take money out of your IRA at a lower tax bracket than you put it in
Understand the provisional income calculation on your Social Security payments
Understand how Capital Gains and Dividends impact your overall tax liability differently in retirement
The difference between deductions, exemptions and credits on your tax return
Know the 9 different pieces of the tax system
How IRA Required Minimum Distributions work and effect your tax liability
How Social Security is taxed
When Medicare premiums can increase as a result of your income
Get to know the tools that can be used for tax control

Receive valuable resources (for free!)

You’ll also receive a free workbook created just for this presentation. The workbook contains key information, worksheets, and questions to help you remember important points from the class.