Retirement Financial Planning

Principles for a successful retirement, Tips to help you boost your retirement savings, Retirement withdrawal strategies

What you'll learn

The role of financial planning in retirement

Retirement withdrawal strategies

Principle for a successful retirement

Tips to help you boost your retirement savings

Top ways to prepare for retirement

Retirement strategies you need to know

Requirements

Desire to plan for your retirement finances

No special requirement

Description

    Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. many people choose to retire when they are elderly or incapable of doing their job for health reasons. Overall income after retirement can come from state pension, occupational pensions, private savings and investments ( private pension funds, owned housing), donations example by children, and social benefits. In some countries an additional lump sum is granted, according to the years of work and the average pay; this is usually provided by the employer. On a personal level, the rising cost of living during retirement is a serious concern to many old adults. Health care cost play an important role.    Provision of state pensions is significantly drain on a government's budget. As life expectancy increases and the health of older people improves with medical advances, the age of entitlement to a pension has been increasing progressively since about 2010.  Knowing how much you may need cannot only help you better understand why you're saving, but also can make it more rewarding. set benchmarks along the way and gain satisfaction as you pursue your retirement goal. Use personal retirement calculator to help determine at what age you may be able to retire and how much you may need to invest and save to do so. How much you contribute to your retirement plan today can make a big difference in how much you have when you're ready to retire.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 The role of financial planning in retirement

Section 2: Retirement Withdrawal Strategies

Lecture 3 What is retirement withdrawal strategy

Lecture 4 The 4% rule for retirement

Lecture 5 The retirement bucket strategy

Lecture 6 Proportional withdrawals

Lecture 7 Dynamic withdrawals

Section 3: Principles For a Successful Retirement

Lecture 8 Plan for a long life

Lecture 9 Make an informed decision about social security

Lecture 10 Maintain an emergency saving fund

Lecture 11 We well diversified and stay invested

Section 4: Tips To Help You Boost Your Retirement Savings- Whatever Your Age

Lecture 12 Focus on starting today

Lecture 13 Meet your employer's match

Lecture 14 Take advantage of catch-up contributions if you're age 5 or older

Lecture 15 Set a goal

Lecture 16 Consider delaying social security as you get closer to retirement

Section 5: Retirement strategies You Need To Know

Lecture 17 Contribute the maximum to a 401(K)

Lecture 18 Be mindful of risk tolerance and asset allocation

Lecture 19 Take advantage of the savers credit

Lecture 20 Delay social security benefits

Lecture 21 Hedge against inflation

Lecture 22 Develop a retirement plan withdrawal strateggy

Section 6: Top Ways To Prepare For Retirement

Lecture 23 Top ways to prepare for retirement

Section 7: Conclusion

Lecture 24 Be ready for retirement

Managers, supervisors, employees, consultants, police officers, military officers, traders, civil servants, governments, banks, insurance companies, CEO directors, teachers , general pubic, everybody etc.