Course Offerings

Principles of Retirement Planning

Course ID: CSP-4000JR2
Overview
Course Outline
Requirements
Intended Audience
More Details

Are you ready to learn the fundamental working knowledge of the principles of conservative retirement planning as they apply to retirement planning? The materials cover varied aspects of conservative retirement planning, such as changes in planning paradigms, history of markets, impact of bear markets, retirement budgeting, aspects of financial decisions and more, while highlighting the ABC Planning Model. Students increase their awareness of the overall risk in the markets, as well as possible asset allocation models to help manage exposure to risk. This course also covers conservative retirement planning, income planning, asset allocation and appropriate financial decisions. It is not designed to give specific solutions to individual needs.

This is not a financial seminar; this is a financial course of study where you leave with the knowledge and confidence to make financial decisions suited to your level of risk and in line with the goals and objectives you establish.

Course Objectives

Understand the development of risk in the markets

Learn to strategically allocate assets in a conservative manner

Develop an income plan for your retirement

Know the difference between fixed-principal and fixed-income assets and how to use them

Develop your own financial profile

Know what questions to ask a potential advisor

Determine your personal risk tolerance

Develop your own retirement budget.

Outline of Instruction

Keeping Up With the Changes?
Chapter 1: Understanding Conservative Retirement Planning defines what conservative retirement planning is and helps identify who is a conservative planner. Chapter 2: Reasons Behind Current Market Shifts discusses changes in planning perspectives and paradigms, which affect the conservative planner. Chapter 3: Deciphering Market Jargon discusses six well-known Wall Street maxims and whether they might actually be myths. Chapter 4: Old Market Strategies vs. New Retirement Planning Strategies explains the need for a new conservative planning model and why Wall Street may be a broken culture, exposing its "greed is good" nature.

How Do You Manage Risk In Retirement?
Chapter 5: The ABC Planning Model is explained in detail, showing the conservative nature of the model. Chapter 6: Yellow Money: Understanding Cash Assets identifies the type of assets in Column A, the importance of liquidity and their positives and negatives. Chapter 7: Green Money: Fixed Principal Assets describes which assets are ideal for the B Column and outlines three "Green Money Rules" and why they are important to the conservative planner. Chapter 8: Red Money: Understanding Growth Assets talks about the risk nature of Column C and what type of assets belong in a conservative investor's risk portion of their portfolio and discusses the difference between tactically managed and "Buy & Hold" managed assets. Chapter 9: Managing Volatility in Retirement discusses the effects of a bear market on a portfolio of assets and why the ABC Planning Model works well in a prolonged bear market.

Income Planning Challenges
Chapter 10: Challenges to Retirement Income Planning reveals the great need for income planning and eight challenges the retirement minded face in retirement. Chapter 11: Income Planning Concepts covers the basic concepts in developing a plan for funding your quality of life in retirement, along with possible solutions. Chapter 12: Problems with a 401(k) in Retirement covers seven problems with a 401(k) in while in retirement, including limited choices and beneficiaries. Chapter 13: Green Money Income Planning tells when to use annuities and guarantees in planning for retirement income. Chapter 14: Red Money Income Planning covers the importance of a sequence of returns as it relates to withdrawing income from securities accounts and how to balance the guarantees and risk in an income stream. Chapter 15: Tax-Free Income Planning tells how to incorporate tax-free strategies like municipal bonds, Roth IRAs and LIRPs.

How to Create Your Plan
Chapter 16: Finding an Advisor makes choosing and advisor who you like, trust and is competent easier to understand and includes more than 20 questions to ask a potential advisor. Chapter 17: How to Work Through a Retirement Planning Decision discusses the planning process of investigate, recommend, implement, review and adjust and shows the class the three elements of a decision and why a process is the best way to make a financial decision. Chapter 18: Seven Steps to an ABC Plan reviews the previous chapters while taking the student through a seven-step process to develop an ABC Plan.

Contact Hours

CEUs

Industry Standard, State or National Certification

Certification

None

Website

None

Certification Learning Outcomes/Requirements

CE or CU Articulation

Prerequisites

N/A

Learning Supplies Needed

Materials provided

Clinical Site/Special Facilities

N/A

Requirements for Successful Completion

100% attendance

Accreditation/Special Approval Requirements

N/A

Intended Audience

Whether you are about to retire, have 20+ years to go, are self-employed or just want to make sure you are on the right track, this course offers retirement planning for everyone.