Financial Planning

Financial Planning

Maximizing Social Security

Course #: 6030861002
Course Description:

Social Security is one of the most valuable and least understood benefits available to retirees today. Advance planning is essential, and the decisions you make now can have a tremendous impact on the total amount of benefits you stand to receive over your lifetime. This educational workshop will provide you with much needed information to help you understand the system, coordinate spousal and survivor benefits, minimize taxes, and maximize your personal benefits. Whether you´re single, married, divorced, or widowed, there may be ways to maximize the lifetime Social Security benefits you receive. It’s important to have a good understanding of these issues:• How married couples can coordinate benefits to help enhance spousal and survivor benefits
• Claiming a spousal benefit while earning delayed retirement credits
• How the “file and suspend,” “do over,” and “start, stop, restart”
strategies work • How working could affect your benefits, and the taxability of Social Security benefits
• How claiming worker benefits early could lower your spousal benefit at your full retirement age
• The effect of remarriage on survivor benefits for widowed and
divorced spouses One of the most important decisions you need to make before you retire is when and how to claim Social Security benefits. About half of retirees apply for Social Security as soon as they become eligible at age 62, but by doing so, they may significantly and permanently impact their income and benefits for the rest of their lives. The difference between the best and worst possible decision of when to start Social Security can be well over $100,000. Learn important rules that affect the amount of retirement benefits you collect, as well as strategies for coordinating Social Security with other sources of retirement income!

Class No: 9146
Delivery: Class
Fees Under 62: $35.00
Fees Over 62: $33.00
Instructor: Schmitz
Meetings:
Tue at Fieldside Center 108

Women and Retirement

Course #: 6030861004
Course Description:

How women can create guaranteed income for life, created in partnership with Holly Buchanan, an acclaimed author, speaker, and consultant specializing in empowering women to make sound financial decisions. This course addresses the unique challenges and concerns women face in retirement. Women everywhere are asking:• “How can I make sure I don’t run out of money?”
• “How can I maintain my lifestyle after retirement?”
• “What happens if the market crashes?”
The good news is, no matter what their situation is, there’s something they can do right now to protect themselves, avoid common mistakes, and create a paycheck for life, no matter how long they live.
Topics include:
• The three biggest mistakes in retirement planning
• Why women need to make their money work harder
• Multiple ways to create guaranteed income for life
• Money personality types
• Long-term care
• How to talk to family about money
• And much more!

Class No: 9149
Delivery: Class
Fees Under 62: $35.00
Fees Over 62: $33.00
Instructor: Schmitz
Meetings:
Tue at Minocqua - Lakeland Union High School

Your Dream Retirement

Course #: 6030861007
Course Description:

Your Dream Retirement is for those facing or already in retirement who are concerned about the issues of funding the quality of life they want in their post working years. Through colorful, real life stories and illustrations, this course will give you an easy understanding of how to strategically plan and tactically managing your retirement assets. People save their entire lives trying to fund a unique quality of life for the last third of their life. It’s an awesome task. Climb on board; this is a one-way ticket to funding the quality of life in your dream retirement! This course provides a fundamental working knowledge of the principles of conservative investing through strategic allocation of assets and tactical money management with a view toward developing retirement income. The materials cover varied aspects of conservative investing, such as risk management issues, tactical management theory and models, impact of bear markets on retirement income, aspects of financial decisions, and more, while highlighting the ABC Investing Model. Students will increase their awareness of the overall risk in the markets as well as possible asset allocation and tactical management models to help mitigate exposure to risk. You will also explore issues in income planning, how to find appropriate financial professional help, and principals sound financial decisions. It is not designed to give specific solutions to individual needs.

Class No: 9147
Delivery: Class
Fees Under 62: $45.00
Fees Over 62: $41.00
Instructor: Schmitz
Meetings:
Tue at Fieldside Center 108
Class No: 9148
Delivery: Class
Fees Under 62: $43.00
Fees Over 62: $39.00
Instructor: Schmitz
Meetings:
Sat at Minocqua - Lakeland Union High School