Retirement Planning

The Changing World of Retirement Planning

The Rules for a retiring generation of baby boomers have changed.  It is important that you learn these changes that could affect you as you prepare to live a prosperous retirement.

We at Maga Financial Associates became a part of a growing group of professionals from across the country who are deeply concerned about the direction in which we are headed and the challenges that we are facing financially.  As a part of the ‘National Society of Financial Educators’ we provide classroom training with two 3-hour classes on the ‘Changing World of Retirement Planning.’  This group is dedicated to informing and educating the public regarding the new rules for retiring and how these new rules affect their preparation to live a prosperous retirement.

The dramatic changes that will occur in taxation, government programs, banking, retirement programs and home ownership will affect everyone.  The goal of these classes is to provide more information so that consumers can make better financial decisions and be better prepared for retirement.

There’s a difference between taking your financial cues from media outlets and learning the basics of retirement planning from a trusted, reliable, unbiased source.  People cannot know things if they are not aware of them.  They can’t say yes or no to an opportunity if they don’t know it exists.  We recognize the problems ahead of us, and that is why we have decided to become a part of the ‘National Society of Financial Educators’.  Please note that this is not a sales organization, but rather a professional group that believes that with more information you will be able to make better financial decisions.

These classes are held at a local university campus and provide the following:

  • Determine if you have enough money for retirement
  • Protect your assets in a rising tax rate environment
  • Use the 3 basic types of retirement accounts to maximize cash flow in retirement
  • Evaluate the benefits of Roth Conversions
  • Maximize Social Security income
  • Protect your portfolio against stock market loss during retirement
  • Reduce, or eliminate unwanted expenses or delays with estate planning
  • Understand if your portfolio is truly ‘diversified’
  • Avoid the three basic ‘pitfalls’ of retirement distribution planning

As a part of this course, you will receive a two-volume set of workbooks that provides examples and illustrations designed to reinforce the concepts taught in class.  These workbooks help you to follow along during the presentation and give you a step-by-step process to help implement the knowledge you obtain during the course.

Contact Dan M. Maga at either 847-920-9680 or 847-906-8204 for times and location of the next set of classes (a mailer can be sent to you).  There is a registration fee of $49 and class sizes are limited.  Advanced registration is required.

NOTE:  If you are already a client of American College Funding this fee is reduced to $25.