Overall, retirement seminars are something that you should absolutely embrace because they’re a wealth of invaluable information that you won’t necessarily be able to get anywhere else. Because a retirement strategy is a lot like building a house – you could spend a lot of time creating what is objectively the most beautiful home you’ve ever seen but if the foundation it sits on top of isn’t rock solid, you don’t have nearly as
Overall, retirement seminars are something that you should absolutely embrace because they’re a wealth of invaluable information that you won’t necessarily be able to get anywhere else. Because a retirement strategy is a lot like building a house – you could spend a lot of time creating what is objectively the most beautiful home you’ve ever seen but if the foundation it sits on top of isn’t rock solid, you don’t have nearly as much as you thought you did.
The Power of Retirement Seminars
For example, retirement seminars allow you to go into greater detail on critical topics like:
- Your time horizon. Yes, you can subtract your expected retirement age from your current age and come up with how many years you have left to save using little more than a calculator. But can you look at that number and see the implications in terms of expected market fluctuations? Can you see the steps you need to take in order to outpace inflation? Can you immediately comprehend the level of risk that your portfolio can understand? Because after a retirement seminar, you WILL be able to.
- Your retirement spending needs, all within the context of the actual cost of living. Most estimates say that you’ll need anywhere between 70% and 90% of your pre-retirement income to retire comfortably. But keep in mind that the cost of living increases every year with no exceptions. Because retirees need A) more income, and B) for a longer period of time, that 70% to 90% figure isn’t nearly as literal as you may believe.
- How to account for life-changing events. What happens to your retirement strategy if you don’t pay off your mortgage when you thought you would, or if you get hit with unforeseen medical expenses? Do you know how to pivot successfully? Is your plan structurally sound to the point where you can ride out these big life events, rather than suddenly being forced to throw everything out and start from scratch?
Retirement planning is a scary process for many people, but as retirement seminars go a long way towards proving: it certainly doesn’t have to be. At least, not with the right approach and the most accurate information by your side.
If you’d like to find out more information about the benefits of attending retirement seminars, or if you’re just eager to find out more information about events like this that are taking place in your area, please don’t delay – contact Fortified Retirement today.
Licensed Insurance Professional, Provides general information about insurance and retirement-related products and services, these products and services may not be specific to a particular state. Information provided on this website, in seminars or through printed or other published materials are not intended as specific legal, accounting or investment advice to an individual’s particular situation. By providing your information to us, you agree that we may contact you regarding the potential sale of annuity and/or insurance products. Information provided by Licensed Insurance Professional does not necessarily represent that of the individual professionals presenting this information. All the information presented is believed to be accurate and is secured from reliable resources, however, no guarantee is made to the completeness or accuracy of the information presented. Any opinions expressed are those of the author and the material presented is for educational and informational purposes only and is not intended as legal, investment or tax-related advice.