Are you approaching retirement or already retired? Don't miss this 2-part financial education series with a focus on retirement! 

Thursday, December 1 at 6:30 pm: Maximizing Social Security

Learn the essential elements of Social Security, the claiming options, and when to file for benefits. Social Security represents the foundation of retirement income, and properly coordinating it with other income and asset sources is critical to establishing a retirement cash flow that will be sufficient to last throughout your retirement years. 

Specific topics to be reviewed include:

• How to file for Social Security benefits
• Maximizing benefits
• Avoiding common claiming mistakes
• How to reduce the taxation of Social Security benefits
• Working and collecting Social Security at the same time
• Information for divorces, and widows/widowers

Tuesday, December 6 at 6:30 pm: Retirement Income Planning

How much income will you need in retirement, and where will it come from? Social Security, pension, distributions from retirement savings, dividends, interest from banks and bonds, real estate, part time wages, and other options. We will review how to give up your paycheck and replace that income using passive income resources, so you can live your desired retirement lifestyle without running out of money.

We will cover:

• Steps to build a predictable, sufficient, and sustainable retirement income.
• How to plan for when your retirement should start, considering the options of early retirement, delayed retirement, and working in retirement. 
• Steps to estimate the amount of income you'll need in retirement to meet your lifestyle plans and objectives, factoring in health-care costs, taxes, and inflation. 
• How to supplement fixed income sources such as Social Security and an employer pension with your retirement savings, including the products and investment strategies you should consider.   

The presenter for both parts will be local financial professional and speaker, Michael Graff, ChFC®, CTA®, NSSA®.  Mike has 38 years of financial services experience and is a certified National Social Security Advisor℠ 

By registering, you will be signed up to attend both sessions: 

• Part 1: Maximizing Social Security on Thursday, December 1 at 6:30 pm
• Part 2: Retirement Income Planning on Tuesday, December 6 at 6:30 pm

Questions? Email Corinne at ccoveney@minlib.net