2021: Building a Successful Retirement Plan
Karen Fergen, CLU
IA Course #105820
CFP Course #276883
You want to retire someday after a successful career. Do you have enough income to retire? What should you do before, during and after your retirement to ensure that do you not run out of retirement? These are typical questions that consumers have as they plan for their retirement. There are 4 retirement planning segments that most consumers will work through during their life: Starting your Retirement Savings, Growing your Money in order to be able to Retire, Getting Ready + Anticipating a Successful Retirement and Enjoying your Retirement Years. Knowing the key risks for each of these retirement categories will assist you in avoiding or minimizing potential mistakes or errors as you are planning for your retirement.
Do you know the 10 key subject areas that many Financial Planners ask their customers in order to know, understanding and learn of the customer’s risk tolerance and suitability towards investing? Knowing your customers and applying the principle of the best interest standard to your interactions with your customer is key to aligning with your customer’s total needs. Placing the customer at the forefront of your focus and interaction is what is demanded in this customer-centric society.
Understanding the 8 Key Building Blocks for Creating a Successful Retirement Plan will be a key take away from the retirement planning course. It is more than investing and includes subject matter information on Life Insurance, Long Term Care, Healthcare Plans, Taxation Strategies, Lifetime Income, Social Security, Home Equity and Estate/Health Care Planning fundamentals.