Retirement will be here sooner than you think.
Join a live Retirement Readiness Workshop and start planning the smart way.
Retirement planning brings up a lot of questions.
“How soon can I retire?”
“Am I saving enough money for retirement?”
“Did I invest enough for retirement?
Whether your retirement date is quickly approaching or you’re getting a jump start on your planning, this workshop will teach you how to create a personal retirement plan to fit your lifestyle.
And if you’ve already started making some retirement plans, this workshop will give you the confidence to know you’re on the right path.
Is the Retirement Readiness Workshop right for you?
This live workshop is best if you’re:
Over 50
Serious about retirement planning
Retiring soon or in the next several years
Interested in learning about Social Security and Medicare
Lay the groundwork for your personal retirement financial plan.
What you get:
A clear and easy-to-comprehend learning experience — no financial jargon, only real-world terms to help you understand everything we discuss.
Simple step-by-step instructions to create and implement your own retirement plan.
A practical-to-follow outline of all retirement planning areas you need to consider.
Tactical tools at your fingertips for retirement planning.
Here’s what you’ll learn in this workshop:
SECTION 1
RETIREMENT GOAL SETTING
Studies show that when you write out your goals, you improve your chances of achieving them. You’ll get clear on key retirement objectives like:
How do you want to spend your time? What do you hope to accomplish?
Where will you travel?
Who will you enjoy time with?
What hobbies will you engage in?
You’ll begin with some quick exercises to get you thinking (and dreaming).
SECTION 2
RETIREMENT NEEDS & EXPENSES
Your planning foundation includes knowing exactly how much money you’ll need to save to cover your monthly expenses. Most people don’t take the time to do this. Learn how to determine your costs, examine potential retirement income sources, how much you’ll need to save, and, importantly — when you can retire.
SECTION 3
TAX PLANNING
Your income is taxed differently before and during retirement, so I’ll show you ways to lower your taxes during both phases. We’ll also cover potential deductions and which ones may work best. By reducing your taxes, you can save more for retirement and generate more income.
SECTION 4
RETIREMENT INCOME SOURCES
You’ll learn about potential sources of retirement income. We’ll review IRAs, Roth IRAs, and social security and review some rules and strategies to make the most of your benefits.
SECTION 5
RETIREMENT PLAN DISTRIBUTIONS
When you’re retired, you’ll make regular withdrawals, so we’ll review the best way to access these plans and some critical mistakes to avoid. How to handle company stock in your retirement plan and required minimum distribution rules. These decisions are often permanent and can bring penalties if not done properly. If you have a pension plan, we’ll cover how you can get the most out of it.
SECTION 6
INVESTMENTS
You’ll learn about cash accounts, stocks, bonds, mutual funds, exchange-traded funds, and annuities. You’ll understand the benefits and drawbacks of different investment choices. We’ll discuss establishing investment objectives for your portfolio and developing an investment policy statement. We’ll also cover how investments are taxed and how you can minimize the taxation of your portfolio.
SECTION 7
INSURANCE PLANNING
You’ll learn about the various insurance coverage types to maintain before and during retirement — including for long-term care. You’ll also learn how to maintain adequate health insurance coverage, covering Medicare, its costs, Medicare Advantage, Medigap, and Medicare prescription drug plans. Lastly, we’ll demystify the different types of life insurance so you can determine the best policy for you.
SECTION 8
ESTATE PLANNING
What do Howard Hughes and Pablo Picasso have in common? They both died without a will and left their estates in turmoil for years. You’ll learn about wills, whether it’s enough, types of trusts and whether you need one.
Here’s what you’ll get when you join live:
Retirement Readiness Workbook
You’ll get a physical workbook covering all class material. Your workbook will support you as you follow along during the live training. You’ll use this to take notes that you can revisit anytime.
Comprehensive Overview
You’ll get a proven approach that’s helped thousands of people like you develop retirement plans that work. Using real-life, relatable examples, you’ll be able to easily grasp important financial concepts and potential pitfalls.
Optional Retirement Consultation
You’ll have the option to meet with Ryan for a complimentary 60-minute free consultation. This time is for you to get answers to your specific questions about your situation.
Look at what you’ll discover
-
Goal Setting
-Establish written retirement goals
-Determine how you wish to spend your retirement
-Retirement planning process
-Types of financial advisors who can assist you
-
Taxes
-How investments are taxed
-Ways to reduce taxes on your investments
-Savings strategies for retirement
-How to optimize Health Savings Accounts
-
Needs & Expenses
-Current retirement trends
-Inflation’s impact on retirement income
-How much money you need to retire
-Financial and cash flow statements
-Analyze your projected retirement income
-Determine when you can retire
-
Income Sources
-Traditional IRAs
-Roth IRAs & Roth IRA Conversions
-Other income sources
-Social Security eligibility and benefits
-How to maximize Social Security and when to collect
-Defined contribution and benefit plans
-
Plan Distributions
- Maximizing and collecting pension benefits
- Withdrawing from 401k, 457, 403B plans
- Retirement plan exit strategies
- What to do with corporate stock in your retirement plan
- Accessing retirement plans before 59 and 1/2
- Required Minimum Distributions (RMD)
-
Investments
-Determining your investment objective
-Creating an investment policy statement
-Cash, stocks, bonds, real estate investments
-Mutual funds
-Exchange Traded Funds
-Annuities
-Fee-based vs. commission-based investing
-Investment risks
-
Estate Planning
-Planning for incapacity
-Wills
-Estate Taxes
-Probate
-Gifting assets
-Property ownership options
-Trusts
-
Insurance Planning
-Disability income insurance
-Health Insurance and Medicare
-Long-term care planning
-Life insurance coverage options
Save time and get the education you need to develop a sound retirement strategy.
What this workshop is not:
It’s also important for you to know what this workshop is not. You’re not attending a sales seminar. I’m a fiduciary and have nothing to sell you during this live workshop.
Workshop Format:
This workshop is broken down into two, 3-hour sessions over 2 days.
Upcoming workshop dates & times
Offered through Wallingford Adult Education
Coming Fall 2024
Offered through Middletown Adult Education
Coming Fall 2024
Meet your trainer.
Classroom Instruction from a North Haven Certified Financial Planner™ Practitioner
Ryan Morrissey, CFP®, CLU®, ChFC®, CMFC.
Hi, I’m Ryan Morrissey, and I've been helping people plan for retirement for 20+ years. I’ve distilled everything I’ve learned into this 6-hour course.
As a Fee-Only Financial Planner and founder of Morrissey Wealth Management, host of the Retire With Ryan Podcast, and the author of Fiduciary: What Clients Should Demand from Their Financial Advisors, I’ve been teaching people how to create retirement plans that work for more than two decades. I help clients create smarter investment portfolios, minimize income tax, and optimize their retirement income.
You can spend thousands of hours researching the best ways to plan for retirement or, in 6 hours, learn and begin to implement your own comprehensive retirement plan.
