Description

For most people, funding their own retirement is the largest expense they will ever have. Due to advances in medical technology and overall healthier lifestyles, it is not unusual for someone to live 30 years or more in retirement. In this course, we will discuss how to quantify and calculate the retirement needs of the client. We will talk about time value of money concepts, how to help clients quantify their retirement goals, and even how to address risk perceptions. By doing this, we will allow practitioners to be able to better address client questions and frame trade-offs when necessary.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Instructor: David Peters

Target Audience

Tax practitioners and financial advisors who work with retiree clients.

Course Objectives

After attending this presentation, you will be able to...Identify key questions to be clarified with the client when quantifying retirement needs.Recall the implications of safe withdrawal rate research.Recognize the quantitative inputs and mathematical approaches to figuring out how to save for retirement.

Subjects

The major topics that will be covered in this course include:Overview of retirement expenses and needsOverview of risk tolerance, time value of money and retirement planning factorsExamples of client retirement situations

Prerequisites

Basic understanding of time value of money concepts and retirement issues faced by clients.