What you’ll do
Here’s what we’ll cover during our interactive session.
Welcome and introduction
Michael Kimmel, CEO, RPB
Income sources
Dennis Gump, Workplace Financial Consultant, Fidelity Investments
- Where your income comes from
Look at Social Security, pensions, annuities and other income you may have in retirement. - What needs to be covered
Compare your regular income with what you expect to spend and see if there’s a gap. - How spending may change
Think about costs that may go up, go down or simply look different in retirement.
When to Start Social Security and Medicate
Dennis Gump
- When to claim Social Security
See how the timing of your claim can affect your monthly benefit. - Getting Medicare right
Review when you’re eligible and when you need to enroll. - Making the pieces work together
Coordinate Social Security, Medicare and your retirement date.
Put Your Investments and Tax Strategies to Work
Dennis Gump
- Turning savings Into income
Explore ways to use your investments to help fund retirement. - Thinking about taxes
Look at how different accounts and withdrawals may be taxed, and consider RMDs and other tax decisions that may come up over time
Setting up RPB withdrawals
Robert Perry, Director of Participant & Employer Services, RPB
- Choosing how to receive your money
Review options such as regular payments, lump sums, annuities and RMDs. - Setting up payments
Work with Fidelity on direct deposit, timing and tax withholding.
What to expect (and not to expect) In your next life stage
Stephanie Berger, CMO, RPB
- Adjusting to life after work
Talk about how your routine, relationships and sense of purpose may change. - Creating a new rhythm
Think about what you want your days and weeks to look like. - Looking beyond the financial plan
Consider what being personally ready for retirement means to you.