Building a Successful Retirement Plan in 2022
6 hours Life CE credits
Instructor: Mike Fergen, MSM, CPCU, CLU
Karen Fergen, CLU
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 you do not run out of income? 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, understand and learn of the customers’ risk tolerance and suitability toward investing? Knowing your customers and applying the principle of the best interest standard to your interactions with your customers 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 takeaway 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. Apply your learning toward a case study.