This workshop
provides information about the kinds of financial issues you should
be thinking about in regard to your retirement.
How much
do you need to be comfortable and what are its sources?
What are the sources of your income? How do you determine how much
you will need? Exercises you can use to determine your needs are
included.
Where
will your money come from?
What will Social Security provide? What will your pension
contribute? Long term savings? Investments? Will there be a gap
between what you need and what you wil have? If so, what can you
do?
How long
should you plan for?
Make sure you don't run out before the money does? Life
expectancy tables and how they can help you plan.
The impact of inflation.
A 3 percent inflation rate will cut your purchasing power by a
third in just 11 years. How to account for inflation in your
planning.
Saving-investing for retirement.
Traditional saving may not be enough for a comfortable
retirement. How can you have your money make you money between now
and retirement?
Savings and Investment Options.
The alphabet soup of programs: 401(k), 403(b), 457 Plan, IRA,
Roth IRA. How can you use these options to your advantage?
Begin
early
Think long term, stay ahead of inflation and know that putting
off saving makes reaching your retirement goals more difficult.
