Retirement Course The Citadel | Runey & Associates Wealth Management

RETIREMENT COURSE DETAIL

WE TEACH OUR RETIREMENT COURSE AT THE CITADEL

NEW CLASS OFFERING

We are pleased to announce that our Next “6 Keys to Exceptional Retirement” class at the Tommy & Victoria Baker School of Business at The Citadel is scheduled. There are two separate dates to attend:

– Tuesday February 7 at 6:30 pm – 8:30 pm

– Thursday February 9 at 6:30 pm – 8:30 pm

Click here to register!

We have been teaching this course on retirement finances for several years at various locations throughout the South Carolina Lowcountry, including The Citadel, and 100’s of people in your community have attended. Please continue reading below for full course details.

IN THIS 2 HOUR COURSE YOU’LL LEARN:

Switch from a regular paycheck to a portfolio paycheck

Protect your investments against the market

Figure out the cost to maintain your lifestyle throughout retirement

Ensure your estate plan is in order

Understand trusts, wills and probate

Assess Required Minimum Distributions (RMDs) and Roth Conversions

Minimize taxes in retirement

Maximize your Social Security benefit

Prepare for rising health care costs and evaluate long-term care expenses

CHAPTERS 1-3

1. SET PROPER SPENDING LEVELS TO MAINTAIN YOUR LIFESTYLE

AARP notes that today’s 50-plus Americans spend at a rate 2 ^1/2 X’s that of younger consumers¹. This spending trend creates a lifestyle that is hard to maintain as you transition into retirement.

Do away with budgets

Maximize your Social Security

Discover an easier way to see how much you are really spending

2. GET MORE OUT OF YOUR INVESTMENTS AND PAY LESS IN TAXES

According to the IRS, over 70% of Americans overpay their taxes², which is basically an INTEREST FREE LOAN to the government! What good is making a 20% return if taxes claim 70, 80, or even 90% when you withdraw your money? Investment success depends on how much of your portfolio you can actually spend, so:

Know the rules for Required Minimum Distributions (RMD’s)

Protect the assets you have worked a lifetime building from excessive taxes

Use Roth conversions and 11 other “TNT tax strategies” to pay less to Uncle Sam

3. MAKE A PLAN TO REACH YOUR GOALS AND KEEP IT UP-TO-DATE

In a world where the trend is for most professionals to talk about cryptocurrencies, artificial intelligence, and meme stocks, you will learn how critical it is to keep your approach simple and consistent. Develop a financial plan to:

Minimize the odds of suffering irreversible losses

Maximize the chances of achieving your goals

Control the self-defeating behavior that keeps most investors from reaching their full potential

CHAPTERS 4-6

4. BE PREPARED WHEN THINGS GO WRONG

The closer you get to retirement, the more critical it becomes to make the right decisions because you have less time to recover from mistakes or personal hardships. Learn how to prepare for the following:

Long-Term health events

Loss of a spouse’s pension or Social Security income

Recessions and bear markets

Inflation

5. INSURANCE – PROTECT YOURSELF FROM RISING MEDICAL COSTS

More than 70% of those 65 or older will need some Long-Term Care services in retirement³, and a lack of planning thrusts and often-unprepared family member into the role of caregiver. Nowadays, there are hybrid long-term care products with a one-time down payment that can protect you and your loved ones from increasing medical costs.

Understand annuity contracts

Know how Medicare works and how much it may cost

Plan for Long-Term Care expenses

6. ESTATE PLANNING – TAKE CARE OF THOSE YOU LOVE

According to AARP, although 58% of those age 53-71 have estate planning documents, nearly 72% need to update them⁴. Keep your assets out of the government’s hands while directing as much as possible to your family, friends, or charity. Learn about:

Wills

Trusts – Do you really need one?

Medical and financial Powers of Attorney

¹ https://www.aarp.org/money/budgeting-saving/info-2017/money-tips-life-in-your-50s.html

² https://www.newsweek.com/why-most-pay-too-much-tax-all-year-542075

³ https://www.theamericancollege.edu/news-center/long-term-care-planning

⁴ https://www.aarp.org/money/investing/info-2017/half-of-adults-do-not-have-wills.html

FAQs for

Retirement Course at The Citadel

Is this Retirement Course for me?

You have spent a lifetime building wealth. Now you are at a critical point as you get ready to pursue your dreams outside of your working career. This is a time when making the wrong decisions could undo a lifetime of diligent savings. For many, if they do not change their current course, they could lose much of their wealth — wealth that took decades to build.

The information presented in this course is not easy to come by. It is designed for those who are:
Retired, nearing retirement, or beginning to develop a retirement plan; AND
Seeking financial knowledge to gain peace of mind for their future.

What will I receive?

In addition to this unique 2-hour class, you will receive:

WORKBOOK – The class includes a 150-page digital workbook, which provides practical examples and user-friendly templates that allow you to apply the knowledge you gain in the classroom as real-life solutions.

PRIVATE MEETING – After the course, you may arrange to meet privately with your instructors. This meeting is optional and offered free of charge. It is your opportunity to see if we can help you eliminate the financial concerns in your life.

What is the cost?

The cost of the class is $39 and advanced registration is required. Upon registration, you may also bring your spouse or a guest at no additional charge.

How do I register?

Click here to register online or:

Call Linda Runey at: (843) 654-1211 or e-mail at: lruney@raawealth.com to register in person.

ONLINE REGISTRATION