This Workshop will provide you with much needed information to help you understand how Retirement Planning works.
By Tripp Limehouse
Date and time
Wednesday, May 14 · 6 - 7pm EDT
Location
Lexington County Main Library
5440 Augusta Rd Lexington, SC 29072
About this event
Event lasts 1 hour
WHY THIS CLASS MATTERS
Many of the retirement strategies utilized by our parents have grown outdated and may no longer have application for those looking to retire today. This class compares and contrasts the old retirement paradigms of yesteryear and the new paradigms of today. Attendees will discover how to insulate themselves from the risks of rising taxes, Social Security taxation, and how to avoid common mistakes that increase the chances or running out of money as you distribute your assets in retirement.
TOPICS FOR RETIRING TODAY
TAX RATE RISK
Why experts say tax rates could double
How rising taxes may affect your retirement cash flow
The “Catch 22” of 401k’s and IRA’s
How lost deductions may affect your taxes in retirement
RETIREMENT INCOME PLANNING
The three basic retirement accounts
How to accumulate dollars in the right types of accounts for future retirement income
What’s better for you: tax-deferred or tax-free accounts?
How to define a “true” tax-free investment
When should you convert to a Roth?
How IRA’s and 401k’s cause Social Security taxation
Strategies to reduce or eliminate taxes in retirement
MAXIMIZING SOCIAL SECURITY
The causes of Social Security taxation
The Social Security thresholds you need to be aware of
The real cost of Social Security taxation
Strategies to eliminate Social Security taxation
Social Security maximization strategies
RETIREMENT DISTRIBUTION PITFALLS
How the new rules on “Rate of Withdrawal” affect People Nearing Retirement
How to ensure you won’t run out of money in retirement
How to liquidate retirement assets in the right order
How to eliminate “sequence of returns” risk
WHY LOSSES DURING RETIREMENT MATTER
The impact of dramatic market loss in retirement
Is “buy and hold” appropriate in retirement?
How to safeguard against two types of investment risk
How to shield your assets from stock market volatility
Why “asset allocation” alone may not be enough
How to truly diversify your retirement portfolio
FREQUENTLY ASKED QUESTIONS:
Is there a cost to attend?
No, there is no cost to attend.
Should I arrive early?
It is recommended that you arrive 15 minutes early to have ample time to park and secure a seat.
Do I need to bring anything?
No, you will be provided with pen and paper to take notes.
Will any investments or investment products be discussed?
No, there will not be any discussion of any investments whatsoever.
Will I be pitched or sold anything?
No. Our classes are strictly educational. The most common feedback we receive is how nice it is to attend a truly educational workshop with no pressure.
Is this sponsored by the Social Security administration?
Tripp Limehouse is not affiliated with the Social Security administration or any other government agency.
Limehouse Financial was founded by Tripp Limehouse. With over 70 years of combined experience, Tripp and his team are committed to helping people who are planning to retire in the next decade or so, as well as those who have already retired. We are committed to helping you create a comprehensive financial plan to achieve your retirement goals.
Whether it’s investment management, retirement planning or financial planning, Limehouse Financial is the wealth management firm in Lexington helping pre-retirees and retirees achieve a more successful retirement.
What most people find out when they come into our office is that while they may have retirement accounts, they do not have a retirement plan. We help you define your financial goals, better understand financial terms and strategies, and navigate through complex decisions surrounding retirement. We have the tools and experience, and we are committed to being your partners for the long-term, so that we can help you plan for and achieve the retirement you deserve.
