Events Search
  Summary & Check Out (0)

Securing a Comfortable Retirement in the Age of Spending (Z1-SCRT-2023-01-SSWC)

200 Minutes
On demand - Video

On Demand - Video

4 CPE Credits in SK

OVERVIEW

This course gives CPAs the knowledge to help their clients plan for retirement by evaluating how much retirement income they will require and planning for how to reach their retirement goals.

DESIGNED FOR

CPAs looking to advise clients on retirement planning and CPAs looking for effective strategies for their own retirement.

BENEFITS

  • Retirement planning using variables such as desired lifestyle, travel plans, housing plans, medical needs and family needs to customize a retirement plan unique to the client
  • Using the residence and other real estate as retirement assets through equity and rent
  • Using the small business as a retirement resource through creative retirement plans
  • Overview of asset allocation, portfolio management, portfolio rebalancing, and investment selection concepts, before and after retirement
  • The three-legged retirement stool of employer retirement, savings, and Social Security
  • Distribution/asset liquidation planning
  • Analysis of the most current/important research on retirement planning and sustaining retirement income levels

HIGHLIGHTS

  • Help clients determine retirement strategies for the desired retirement lifestyle
  • Identify resources available for retirement
  • Explain how budgeting can identify retirement resources
  • Understand how to build the three-legged retirement stool: employer retirement, savings, and Social Security
  • Understand the need for Plan B when the ideal retirement goal is not achievable
  • Explain ways that clients can convert the equity in a home to retirement income
  • Explain how the value of a small business can be converted to retirement income
  • Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples
  • Understand timing regarding the use of taxable retirement funds and nontaxable funds, and strategies to minimize income tax on Social Security
  • Recognize the role of various investment types, such as life insurance, annuities, mutual funds, equity holdings, and bonds in retirement planning
  • Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles

COURSE LEVEL

Intermediate

PREREQUISITES

Basic knowledge of retirement planning

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for CFP credit

PRICING

$199.00 - Member

$219.00 - Nonmember

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

ALSO AVAILABLE

COURSE DEVELOPER

Surgent

AREAS OF INTEREST

ALSO QUALIFIES FOR

Related events

November 21, 2024
Featured
NJCPA Tax Summit
November 21, 2024
Retirement Planning: IRAs
November 22, 2024
Required Minimum Distributions: Compliance and Planning
November 22, 2024
Strategies for Maximizing Social Security Benefits
FIRST
    LAST

      Related content

      news image
      NEWS

      401(k) Limit Increases to $23,500 for 2025, IRA Limit Remains $7,000

       November 1, 2024 Source: IRS
      article image
      ARTICLE

      Strategic Expansion: Case Studies in Integrating Financial Planning Services for CPA Firms

       November 1, 2024
      news image
      NEWS

      Social Security Announces COLA for 2025

       October 21, 2024 Source: Social Security Administration
      article image
      ARTICLE

      Five Changes Coming to IRAs and 401(k)s in 2025

       October 9, 2024 Source: Kiplinger
      Related Pages: Financial Planning Services Knowledge Hub