Help clients determine how much retirement income is necessary to sustain their desired lifestyle. Develop a Plan B if the ideal retirement goal is not achievable. Recognize the role of various investment types, including life insurance, annuities, mutual funds, equity holdings, and bonds. Highlights
Asset allocation, portfolio management, portfolio rebalancing, and investment selection concepts, before and after retirement
Developing a three-legged stool of employer retirement, savings, and Social Security
Distribution/asset liquidation planning, including the pros and cons of various annuity options and strategies for using qualified plans and IRAs, beneficiary elections, and trusts
Identifying retirement planning variables such as travel plans, housing plans, medical needs, and family needs
Using the residence and other real estate as retirement assets through equity and rent
Using a small business as a retirement income source
Sustainable portfolio withdrawal rates during retirement for differing stock, bond, and cash asset allocations, inflation rates, tax deferred accounts, and taxable accounts
Registration
PICPA Member: $285 Nonmember: $385
More Information
Course No.
766700
Level:
Intermediate
Prerequisites:
Basic knowledge of retirement planning
Speaker(s)
Susan Smith
Smith & Associates
Susan Smith, CPA
Susan Smith manages her own firm specializing in tax planning for individuals
and business owners and is also a frequent speaker at tax conferences.
Smith spent 14 years as a Senior Manager in the tax departments of Price
Waterhouse and Peat Marwick (the predecessor of KPMG). While at Price
Waterhouse, she also held the national specialist designation for the real
estate and partnership tax practices locally. During her time at Peat Marwick,
Smith led the real estate and tax practices locally. She has been an associate
adjunct professor at Widener University in the master’s in taxation program. Her
ratings have consistently exceeded 4.7 on a scale of 5.0. Also, she recently
received the James L. McCoy 2008 Discussion Leader of the Year Award for
excellence in teaching.
Smith earned her Bachelor of Business Administration degree, with an
accounting concentration, in 1978.