Retirement Income Planning: "Having Enough to Last Your Lifetime"
Class Description:
Retirement Income planning ensures that you can afford a successful retirement, living a happy and fulfilled life as you would like, and not having to worry about unexpected surprises. This class goes through key concepts, strategies, and plans to ensure that you have a stress-free retirement. We look at all options available to you today, with creative solutions for "safe money" investments and sufficient cash flows to last your lifetime.
Date and Time: March 29 (Sat) & April 2 (Wed PM)
Location: College of Marin – Kentfield and Indian Valley Campuses
Number of Days: 1 day
Hours of Class: 2 hours
Why Take Our Class? Retirement Income planning is critical to a successful, stress-free, and happy retirement.
Topics Covered in the Class:
• How much money will I need each year in retirement?
• What’s the best withdrawal strategy to avoid running out of money?
• How do I create a retirement paycheck?
• Should I use an annuity for guaranteed income?
• What’s the best way to manage Required Minimum Distributions (RMDs)?
• How do I hedge against inflation in retirement?
• How does taxation affect my retirement income?
• Should I keep working part-time in retirement?
• What role do bonds, CDs, and fixed-income investments play?
• How do I balance spending and saving in retirement?
Key Takeaways:
1. Why a withdrawal plan is more important than your investment returns.
2. The difference between “guaranteed income” and “market-based income.”
3. The 3-bucket approach to structure your retirement savings for growth, safety, and liquidity.
4. How to blend Social Security, pensions, annuities, and investments into a steady monthly paycheck.
5. How to avoid running out of money—especially in your 80s and 90s.
6. The impact of inflation and how to build in cost-of-living increases.
7. The #1 mistake retirees make when they self-manage withdrawals.
8. Strategies to avoid being forced to sell in a market downturn.