Orientation What is a Retirement Fair Why provide Retirement Fairs to Staff & Members How do they work What will you be doing.

Slides:

Advertisements

Similar presentations

Chapter 12: Life Insurance Planning

Advertisements

Budgeting Basics. Budgeting and Financial Priorities The PICPA Pennsylvania Institute of Certified Public Accountants The PICPA is a professional association.

1. At the close of this session, you will be able to:  Understand the concept behind the due to/due from funds  Understand the importance of managing.

LBL7120 (ADS74) © 2006 Allstate Insurance Company, Northbrook, IL 1 The Baby Boomer’s Guide to Retirement Planning Not FDIC, NCUA/NCUSIF insured * Not.

TOPIC 8: RISKS YOU FACE WHEN ENTERING THE WORKFORCE Group 6:

Unit 5 Financial Literacy Read each definition carefully and become familiar with it as we will use the words in class as part of our discussions through.

Slide 1 Unit 16.1: Understanding how to prepare for business : Benefits of Running a Business Continues on next slide: Although there are several.

How do you link lifestyle choices to retirement savings…. And what are the other issues do you need to consider?

Building Bucks Budgeting Basics. Understanding Your Situation How often does this happen to you?OftenSometimesNever Not enough money for essentials Don’t.

Money Management and Financial Planning

Using a Bank or Credit Union consumer.gov. Why use a bank? A bank is a place to keep your money safe A bank’s services include: – checking accounts and.

An Indexed Universal Life Plan AS AN ASSET BUILDER & AS A LEGACY… Property of Ebbert Insurance Inc. Do not recreate, reproduce or Redistribute without.

Personal Debt Mangement

Spending, Saving, & Investment UNIT 8: PERSONAL FINANCE (1)

Copyright © 2008 Delmar Learning. All rights reserved. Chapter 18 Financial Management of the Medical Practice.

Harris Interactive Inc. Delaying Major Lifetime Decisions for Financial Reasons Have you delayed any of the following for financial reasons?

Money Management 28.2.

FOR FINANCIAL PROFESSIONAL USE ONLY – NOT FOR PUBLIC DISTRIBUTION Policies issued by American General Life, a member company of AIG, Name Title Live Longer.

Limited Companies within the Beauty Industry By Heidi Chloe Hayley.

College Financial Planning. 2 06/29/2007 2:30pmeSlide - P WorkLife4You Objectives Understand the basics of college financial planning Discuss guidelines.

Building: Knowledge, Security, Confidence Setting Financial Goals FDIC Money Smart for Young Adults.

Business Math Chapter 8.

The medical plan you choose should reflect the type of care you and your dependents need now and anticipate needing in the coming year. Your choice should.

Planning Your Retirement with Confidence. Who is a Pre-Retiree? Pre-retirees – include any full or part-time member of the workforce who does not consider.

401(K) PLANS. Essential Questions Why Do We Need to Save for Retirement? What are the best options for Retirement Savings? How should I go about choosing.

Increasing contributions presentation Increasing contributions in your retirement plan account.

Lesson Starter List as many different aspects of life in a ghetto as you can. List the main features of a middle class suburb. You have 5 minutes to complete.

© Copyright Mercer Employee Benefits Limited 2007 Mercer Employee Benefits Limited is authorised and regulated by the Financial Services Authority. Registered.

Alliance Financial Group, Inc Registered Investment Advisory Securities offered exclusively through SunAmerica Securities, Inc. A registered broker-dealer.

National Association of Black Accountants, Inc. Savings M ney $ense.

Retirement Issues Chapter 11 Tools & Techniques of Financial Planning Copyright 2007, The National Underwriter Company1 Retirement Planning Not having.

What is it? An organization of physicians or other health care professionals that provides a broad and nearly complete range of health care services on.

STUDENT CREATED REVIEW MANAGING MONEY. SPENDING STYLES Present-Oriented Future-Oriented Buying things now instead of waiting Don’t plan and save as much.

FHF McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

Welcome to the Professional’s Approach to Rollover Concepts Presented by: LFM Fixed Strategies Insurance Services Florian Spinello Lauren Carrasco & Sarah.

HJH Reality Town Thursday, March 17, Reality Town will give HJH students a glimpse into the world of adult financial responsibilities.

What the state pension is. Reasons why some elderly people are wealthier than others. Arguments in favour of increasing the level of the old age pension.

Tchavdar Elenkov, BA Econ, CFP Insurance and Financial Advisor How much do you have – and how much do you need?

WELCOME! to Collin College SMART Money Presentation Today’s Presenters: Mark Clark, Collin College Professor of Business & Economics Doug Willis, Associate.

Bennie D Waller, Longwood University Personal Finance Bennie Waller Longwood University 201 High Street Farmville, VA.

Chapter 12: Life Insurance Planning. Objectives Identify the purpose of life insurance and the reasons for buying it. Recognize that the need for life.

UNIT 4: SAVING AND INVESTING 1. Discuss how saving contributes to financial well- being 2. Explain how investing builds wealth and helps meet financial.

The Pensions Board Credit Union Manager’s Association AGM Andrew Nugent Assistant Head of Information Services The Pensions Board.

Investing your money in IRAs. ROTH IRA! What is a Roth IRA, and why should I start one? An after tax investment All withdrawals are tax free as long.

Form Number to be added CL-PRES-PPT. Financial planning is like taking a trip. Destination Plan Begin Stay on track Arrive Remember: the longer you wait.

A Solution to Enhance Your Retirement Income Insurance Concepts.

Tracking 100 Americans from age 25 to 65 … 36 will be dead…54 will be DEAD BROKE… 5 will still be working…4 will be financially secure and 1 will be Financially.

Real World Money Education Tarek Dabbagh Steven Carlson

Chapter 10 Career Choices and Taxes

CHAPTER 14 Retirement Planning: Concepts and Strategies Chapter 14: Retirement Planning1.

ARE YOU PLANNING TO LIVE A LONG LIFE?. These days, we’re all living a lot longer. As we age, it’s likely the chance of needing help with everyday physical.

BALANCING LIFE’S ISSUES INC. Mind Over Money. Definition of Mind Over Money Information and tools to better understand your thoughts and behaviors about.

Planning for the Future. » Most Social Security Disability Insurance (SSDI) recipients receive between $700 and $1,700 per month (the average for 2015.

Spending, Saving, and Investing. Rational Decisions and Financial Planning Economist assume that, given enough information, most people are rational and.

What is a Budget? Economics. “A Dream stays a Dream until you create a plan to make it come true; then and only then does it become reachable goal”

The Financial Planning Process

Banking Procedures and Services

PERSONAL FINANCE! BY :JAQUELINE ESPINOSA. WHAT IS PERSONAL FINANCE?? PERSONAL FINANCE DEFINES ALL FINANCIAL DECISIONS AND ACTIVITIES OF AN INDIVIDUAL.

B UILD F INANCIAL S ECURITY WITH A B USINESS R ETIREMENT P LAN.

12 Automatic enrolment myths & truths This guide to automatic myths and truths contains some of the misconceptions we have come across when speaking to.

Mercer Human Resource Consulting Limited is authorised and regulated by the Financial Services Authority Registered in England No Registered Office:

FINANCIAL INCLUSION AND SHARED PROSPERITY: THE NEXT FRONTIER Michael Morris Executive Director National Disability Institute June 2, 2016.

To understand that pensions are a way of saving for retirement To appreciate that making longer term financial plans are a way of achieving financial.

Saving Saving money can be difficult. Many people do not know where to start. There are many ways to save and places to cut cost. You will find suggestions.

Intro to Fundamentals of Accounting (BAF 3M)

The Culminating Project

On <DD,MM,YYYY> the <group retirement program> will move automatically to Manulife.

By Reginald Campbell.

Most people think all Americans should have the right to affordable health care. Do you think all Americans should have the right to affordable health.

Presentation transcript:

Orientation What is a Retirement Fair Why provide Retirement Fairs to Staff & Members How do they work What will you be doing

Most Americans don’t know: what type of retirement lifestyle they should aim for in retirement how much it will cost to sustain their lifestyle goals if they are currently saving enough to fund their desired lifestyle At what age they will be able to afford to retire

“Four out of five Americans are still not adequately prepared to meet their needs in retirement” Aon Hewitt Consulting

49% of Americans say they aren’t contributing to any retirement plan. LIMRA (A worldwide association of insurance and financial services companies)

Route Your Retirement….. “…is an experiential learning program, which helps existing and potential credit union members learn how to better prepare for their retirement.”

How will the fair work? Phase 1 The Orientation Phase 2- Examining and choosing retirement lifestyle goals and assessing the likely cost of those choices Phase 3 - Discussing issues around funding lifestyle choices such as retirement savings, social security and taxation

Lifestyle Booths

Lifestyle Worksheet

Remember! Visit every booth You can visit booths in any order Assess your expenses for each lifestyle aspect and write your numbers on your worksheet Your numbers don’t have to add up to 100 When you have visited every booth, move to the presentation area

Linking Lifestyle Choices to Retirement Savings How much will you need to have saved to fund your lifestyle choices? How can you see whether you are on track to achieve your savings goals? How much can you expect to receive from social security and when? How much tax will you pay in retirement?