Description
Retirees need to plan on 20-30 years of retirement, which requires savvy distribution planning. Learn about the challenges such as health and custodial care, inflation that are amplified by increased life expectancy and learn how asset distribution planning can help lessen clients' risks of outliving their resources or having to adjust their standard of living.
Learning Objectives
Students that complete this course will be able to:
• Identify with the financial concerns shared by many retirees
• Summarize the demographics and other changes affecting families that have increased the importance of appropriate strategies for harvesting retirement assets
• Understand and describe the federal tax treatment of major asset categories
• Explain the traditional asset-harvesting principles and strategies, along with their advantages and disadvantages