Dollars & Sense
Instructor
UIE Phone
(253) 846-1155 Email
mail@uiece.com |
Course Overview
Has
retirement become impossible? Many
people are beginning to believe, at the very least, it will be difficult to
achieve. Dollars and Sense looks at
current financial issues, what the future is likely to bring, and how to financially
survive retirement. After looking at the issues involved in
planning ahead for retirement, such as potential length of retirement life,
rising medical and long-term care costs for seniors, Social Security, The course provides education on elements
that must be considered when planning for a financially secure retirement,
such as long-term care and long-term care insurance, other medical needs, and
use of estate planning tools. The course also covers IRAs, various life
insurance products, insurance trusts, and annuities. Employer pension plans are covered as well
as 401(k) plans. All types of
financial vehicles are considered as part of determining whether enough
assets exist to cover the individual throughout their retirement. We also included a chapter on ethics since
it is so important to properly use assets that are needed in retirement. An agent who does not act ethically can
condemn the consumer to poverty in their final years. This course may be used by the new agent who has not worked with retirement funding, but it is best used by the experienced agent. The course is detailed but that is necessary to fully cover the subject. An experienced agent is more likely to fully understand the concepts, but it will also introduce the newer agent to the fundamentals of retirement planning. |
|
Chapter |
Subject |
Description |
|
Chapter 1 |
The Reality |
Overview of the different things that cause retirement stresses. |
|
Chapter 2 |
Retirement Considerations |
Medicare, LTC, Safety of our Investments. |
|
Chapter 3 |
IRAs |
Individual retirement Accounts. |
|
Chapter 4 |
Life Insurance |
A great deal of attention is given to life insurance products since it is these policies that provide the initial estate for most individuals. |
|
Chapter 5 |
Insurance Trusts |
Types of trusts. |
|
Chapter 6 |
Annuities |
Annuities are discussed as vehicles for retirement or estate planning requirements. As part of this chapter payout options are discussed, including how each option may apply, the long-term nature of most annuities, and penalty periods that might apply (both insurer and tax penalties). |
|
Chapter 7 |
ESPP |
Pension Plans, 401(k) Plans, SEP |
|
Chapter 8 |
Sensible Ethics |
Why be Ethical? |
None.