Saturday, April 11, 2015

Your Retirement Checklist

According to a survey of recent retirees conducted in 2005 by Fidelity Investment, over half (57%) of recent retirees look back on the years before leaving the workplace and they wish they had done more retirement planning before they retired.* We need to know what to do ahead of time, because age 65 comes upon us before we know it. The rules, regulations, deadlines and formulas associated with Medicare, Social Security, IRAs and 401(k)s can be confusing. Simply checking off the wrong box could irrevocably trigger taxes and penalties that could have been avoided. After working this hard to climb the mountain, one doesn’t want to stumble just when planting the flag. Attend this free seminar to learn about all the basics, and to see what’s required of that retirement plan.
According to the Bureau of Labor Statistics,** the average duration of retirement has increased from 8.1 years in 1950 to 20 years in 2007, with the average retirement age being 65, but many people will live considerably longer than that. Will your money last as long as you do? This free program will help you better prepare for all those “golden years” in the future.
Presenter ALAN KONDO, a specialist in retirement and estate planning, is a Certified Financial Planner and Chartered Life Underwriter, and a business columnist for the Rafu Shimpo. He is an independent Registered Investment Advisor offering securities and investment advisory services through Charles Schwab.

Come to Crowell Public Library on Saturday, May 9th at 10:30 a.m. and learn what should be on that very important retirement checklist.

Crowell: First Library in the World to Offer Dakim Brain Fitness

1890 Huntington Drive, San Marino, CA 91108-2595 ● Phone: (626) 300-0777