RETHINK RETIREMENT WORKSHOP

Below is an outline of the topics that will be covered during Rethink Retirement. You will be provided with helpful information and resources throughout this workshop. You can click the “Contact Us” button, at any time, and we will respond to you as soon as possible.

WORKSHOP OUTLINE

MODULE 1 - FINANCIAL FUNDAMENTALS 1

Basic Financial Factors of a Retirement Strategy

  • 3 Legged Stool and Strategies

  • Retirement Plans

  • Longevity

  • Retirement Stages/Retirement Red Zone

  • Retirement Expenses

  • Withdrawal Rates and Risk

  • Dow Jones Industrial Histories

  • 3 Question Quiz

MODULE 2 - FINANCIAL FUNDAMENTALS 2

Basic Financial Factors of a Retirement Strategy

  • Bill and Jill Examples

  • Income Plan

  • Review of Sequence of Returns Risk

  • Rule of 100

  • Inflation Rates

  • Average VS Compound Returns

  • Sources of Investment Advice

  • 3 Question Quiz

MODULE 3 - TYPES OF FINANCIAL PRODUCTS 

Different Options to Put Your Money Into and How Each Function

  • Types of Equities and Fixed Income

  • Bonds/ Stocks

  • Mutual Funds/ Exchange Funds

  • Real Estate Investment Trusts

  • Other Income Streams

  • Social Security

  • 3 Question Quiz

MODULE 4 - RETIREMENT INCOME SOURCES 

Ins and Outs of Various Sources for Income in Retirement

  • Retirement Income Sources

  • Social Security Basics

  • IRA Distributions

  • 3 Question Quiz

MODULE 5 - RETIREMENT INCOME SOURCES (continued) 

Ins and Outs of Various Sources for Income in Retirement

  • Other Workplace Plans (tax table)

  • Pension Plans

  • Annuities/ Life Insurance

  • Asset VS Income Allocation

  • 3 Question Quiz

MODULE 6 - RISK MANAGEMENT 

Ways to Help Manage Financial Risk for Retirement

  • Managing Risk

  • Insurance

  • Medicare/Medigap

  • Long-Term Care

  • Life Insurance

  • 3 Question Quiz

MODULE 7 - BASICS OF ESTATE PLANNING 

Ways to Help Manage Financial Risk for Retirement

  • Introduction to the Basics and Disclaimer

  • The ABC’s of Estate Planning

  • Beneficiary Designations

  • Avoiding Probate

  • Estate & Gift Tax Exemptions

  • Taxable Estate

  • Spousal Considerations

  • 3 Question Quiz

  • Post Class Questionnaire

  • Complimentary Income Plan and Book Incentives

WORKSHOP RESOURCES

Below you will find a bio about your instructor, Rick Durkee, as well as downloadable workshop resources to help on your journey throughout the course. The downloads will correspond with the information presented during the modules. Please feel free to download and use these materials whenever you need them.

YOUR INSTRUCTOR

RICK DURKEE
President, Founder and
Chief Investment Advisor

As the Founder and President of The Coastal Financial Planning Group, Rick Durkee is a recognized leader of the financial services industry in Charleston, SC. Since founding The Coastal Financial Planning Group in 2003, he has served his clients and the community by offering advanced retirement planning solutions for individuals and business owners.

Rick has developed his passion as a retirement advisor with recognized investment and insurance firms such as Prudential, New York Life, and MetLife where he earned his designation as a Life Underwriting Training Council Fellow LUTCF®. He holds the rare designation of Retirement Income Certified Professional from the American College of Financial Services and was recently appointed a board member of his regional Better Business Bureau.

Rick's professional purpose is to help others realize their dream of living a very comfortable coastal lifestyle, especially in retirement.

He is an ambassador for S.C. Christian Chamber of Commerce, he earned his bachelor’s degree in business management/marketing from the University of South Carolina in 1981. Professionally, he holds a Series 65 securities license, as well as the Life, Health, and Disability insurance license for South Carolina along with several other states in which he serves his clients.

WORKSHOP MATERIALS & RESOURCES

Please find your class resources at the links below. You can download these resources at any time and save them for your reference as part of the Rethink Retirement class materials. Please feel free to contact us at any time by clicking the “Ask A Question” button.