Retirement 101 April 2015According to recent U.S. Government statistics, between now and 2029, baby boomers will continue reaching the traditional retirement age of 65 at the rate of about one every eight seconds. It begs the question: Is retirement at 65 still a reasonable goal for the vast majority of baby boomers?

Every year, the Employee Benefit Research Institute (EBRI) and other think tanks issue research findings that suggest the answer to this question is “no.” According to EBRI findings, Americans haven’t saved enough money, don’t do a good job of investing the meager retirement funds they have scraped together, and don’t know how much it will cost them to live in retirement. Workers aged 55 and older said the following about their retirement savings:

  • 60 percent have less than $100,000 in retirement savings
  • 43 percent have saved less than $25,000
  • 36 percent have saved less than $10,000

In order to educate baby boomers on critical retirement basics, One Senior Place is presenting “Retirement 101: Baby Boomer Basics” on Thursday, April 23 between 5:30 and 7:30 p.m. In this FREE four-part introductory program specially designed for baby boomers, attendees will listen to experts regarding the following topics:

Part I: Introduction to Legal Considerations for Retirement Planning by Randy Bryan, JD, BCS, The Law Offices of Hoyt & Bryan, LLC

Part II: Maximizing Social Security Benefits for Baby Boomers by Jim Greene, Wealth Manager, The Estate & Business Planning Group, PA

Part III: Paying for Long-Term Care and Protecting My Cash Flow by Teresa Risner, CLTC, LTCP, LTC Advisors, LLC

Part IV: Expert Panel Q&A

Please RSVP by calling 407.949.6733. Light refreshments will be served at the event. Looking forward to seeing you there!