Passport to Retirement
Your “How to” Guide for Financial Success
Sponsored by:
Pasadena City College
Location
Pasadena City College
Room R104
1570 East Colorado Blvd.
Pasadena, CA 91106-2003
Date & Time
Saturdays
March 1 and March 8
OR
May 3 and May 10
All sessions:
9:00 am to 12:00 pm
Enroll Today and Start Preparing for a More Comfortable Retirement
Have you asked yourself these questions about your future and your finances?
Can I retire on schedule, or will I have to postpone retirement?
How much money will I need to retire?
Could my investments be earning more?
Are there better ways to manage my taxes?
What are my retirement plan distribution options?
Could the Secure Act affect my retirement planning?
How will I provide for my family and heirs?
Which investments could work best for me?
Insights and Tools That Make a Difference
The financial markets can be volatile, the cost of health care keeps rising, many companies have eliminated traditional pensions, tax laws change, and Americans' purchasing power continues to erode over time. Are you on track to accumulate the savings you will need to enjoy the retirement lifestyle you deserve?
Investing a few hours of your time at our retirement course could pay off immediately. You should gain confidence in your financial decision-making ability to:
Assess potential sources of retirement income
Improve your potential for investment gains
Manage financial risks
Help preserve wealth for your heirs
Avoid unnecessary taxes and penalties
Make sound choices when claiming Social Security
Help protect yourself from potentially devastating costs associated with a disability or long-term care expenses
Sound information on real-world financial strategies will give you the background and perspective to help formulate realistic goals and make more informed decisions. After all, the decisions you make will ultimately determine your financial success.
After attending this course, you should be better prepared to face the challenges and enjoy the rewards that retirement can bring. Through examples, exercises, and case studies, you'll discover how to take control of your finances and position yourself for a brighter financial future.
An Educational Learning Experience
The course curriculum illustrates how time-tested financial principles can be applied to a variety of financial situations. In addition to receiving the latest facts and figures on retirement planning, you’ll also benefit from visual aids and handouts that are clear, concise, and easy to understand. The instruction is designed to show you a number of financial concepts that will expand your knowledge base.
Course Materials
You’ll receive a 120-page workbook that will serve as a valuable reference tool for the years to come. It is filled with strategies, worksheets, and descriptions that will reinforce key concepts covered during the course.
This educational course is designed to help you overcome retirement challenges and take action to improve your financial future.
Course Curriculum
-
Lack of knowledge/Failure to plan
Inflation
Steady burden of taxes
An unexpected health crisis
Unpredictability of financial markets
Procrastination
-
Today’s retirement realities
What kind of lifestyle do you hope to enjoy?
How will you spend your time?
Where do you want to live?
When do you want to retire?
-
What could be your largest expenses?
Estimating how much retirement will costs
Calculating a retirement savings goal
Addressing a retirement income shortfall
-
Personal savings vehicles
Workplace retirement plans
Roth vs. traditional IRAs
The power of tax deferral
Social Security claiming strategies
Maximizing Social Security worker, spousal, and survivor benefits
-
Taxation of income, capital gains, and dividends
Choosing the standard deduction or itemizing deductions
Roth five-year rules for tax-free distributions
Manage taxes in retirement
-
Assessing your insurance needs
Medicare options and costs
Long-term care risks and considerations
Protecting your earning power
Life insurance protection and income-replacement calculator
Life insurance living benefits
-
Building a retirement investment portfolio
Evaluation an investment’s real rate of return
Allocating your Assets
Investing in mutual funds and ETFs
Fundamental investment tactics
The downside of high expectations
-
How long could your portfolio last?
Withdrawal strategies to help avoid outliving your assets
Retirement plan distribution options
IRA rollovers
Roth IRA conversions
Required minimum distribution rules
-
Estate planning benefits and challenges
Important estate documents
Avoiding probate and estate taxes
Step-up in basis vs. carryover basis rules
Estate distribution methods
Retirement account beneficiary designations
Advanced trust strategies
Charitable giving methods
Providing for your family and heirs
Prepare today for a more fulfilling tomorrow.
Why You Should Attend
We spend most of our adult lives coping with financial issues, yet we receive virtually no formal education – from elementary school through college- to help us make wise investment decisions, prepare for retirement, and overcome other financial challenges.
Many people get an education to learn a career – and in turn to make money. This course will explain how to make your money work harder for you.
This course is designed to help you:
1. Steer Clear of Roadblocks
You’ll learn about common obstacles to planning for a comfortable retirement – such as a market downturn, taxes, inflation, the burden of taxes, inadequate planning, and failure to take action – and how to help overcome them.
2. Acquire sound information
Sound information about effective financial strategies will give you the background and perspective you need to make more informed retirement decisions. You’ll be more confident and decisive about what you want and the options you have
3. Focus on your goals
This course is designed to lead you step-by-step through the retirement planning process. You’ll learn how to formulate realistic goals based on your individual retirement needs, risk tolerance, and length of time to retirement.
4. Take Action
Procrastination is the biggest reason why people fall short of achieving retirement goals. After completing this course, you’ll be ready to start taking steps immediately to help improve your overall retirement picture.
Mutual funds, exchange-traded funds, variable annuities, and variable universal life insurance are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the mutual fund, ETF, variable annuity contract, or variable universal life insurance policy and the underlying investment options, can be obtained from your financial professional. Be sure to read the prospectus carefully before deciding to invest.
Are you on track to accumulate the savings you will need to enjoy the retirement lifestyle you deserve?
This Course Will Explore Opportunities to Help You…
-
Understand how inflation and taxes can be roadblocks to planning a comfortable retirement, as well as strategies to help overcome these obstacles.
-
Discover steps to help increase your income from retirement accounts and other saving and investment vehicles, as well as claiming strategies that could enhance your Social Security benefits.
-
Estimate the cost of retirement and adopt a long-term retirement savings strategy.
-
Become acquainted with Roth and traditional IRAs, stocks and bonds, mutual funds and ETFs, as well as annuities.
-
Evaluate strategies that could enhance investment performance and help lower your exposure to market risks.
-
Learn how strategies such as asset allocation and diversification can help manage portfolio risk.
-
Assess various distribution methods and evaluate strategies to help avoid outliving your assets.
-
Assess the risks of experiencing a disability, help protect your family from the potentially high cost of long-term care, and evaluate your life insurance needs.
-
Familiarize yourself with Medicare coverage, enrollment rules, deadlines, and penalties.
-
Learn how trusts and charitable giving could help reduce estate taxes and probate fees
-
Become familiar with strategies that could help preserve the value of your estate.
What steps have you taken to help protect your income and assets from the unexpected?
What’s Included with Your Tuition
-
This informative course is designed for educational purposes only. You’ll received dynamic instruction about concepts and strategies – not specific financial products and services. Your instructor will use straightforward language and real-world examples to illustrate important financial information you need to know.
You’ll receive the latest facts and figures as well as practical strategies to help prepare for retirement. The presentation tools and handout materials are informative and visually appealing. By the end of the course, you’ll understand what your key areas of concern are and have a better idea of what you need to do to help improve your financial future.
-
As a course participant, you will have an opportunity to meet with the instructor to review your needs and concerns. This will be your chance to ask specific questions about your personal situation, retirement outlook, and goals – and to explore strategies you can implement right away. There is no obligation to attend.
-
The comprehensive financial workbook is packed with information to help you apply what you learn to your own situation. It’s both your guide to the course and a valuable reference tool for the future. Helpful exercises give you the opportunity to plug in your specific numbers on worksheets and review how different investment and savings vehicles could affect your retirement
-
Many people realize that they need to improve their money management skills and start saving for retirement. But all too often, they don’t take the appropriate steps necessary to achieve their goals.
Advance preparation may help you avoid surprises, such as having to add years to your career because you haven’t accumulated enough money, or living the rest of your life on a reduced income.
By attending this course, you can acquire the knowledge and develop the skills you need to face the challenges ahead and enjoy the rewards that retirement can bring.
Allen Yee, CFP®, CWS®
Allen Yee, raised in Southern California, identifies two key pillars in his early life that shaped his character and professional outlook. His traditional family emphasized the importance of hard work, integrity, and respect. Secondly, his time spent serving in the U.S. Army taught him lessons in leadership and teamwork. These vales provided the foundation upon which his practice was founded.
Inspired to help others experience a rewarding and financially independent retirement, Allen started Guidant Planning in 1999. He later expanded his purview to include financial advisement for small businesses-guiding them through a range of services that includes tax reduction strategies, retirement planning, and sale and exit transactions. Today, with nearly four decades of investment, tax, retirement, and estate planning experience, Allen’s dream of guiding others to an abundant financial life remains intact.
An active participant in his community, Allen currently offers courses at Pasadena City College and Glendale Community College. Previously, he has hosted educational events for the Housing Authority of the City of Los Angeles (HACLA), City of Hope, the City of Burbank, the City of Whittier, Metropolitan Transportation Authority (MTA), Disney, and the Parsons Corporation. In his free time, Allen enjoys cheering on Los Angeles sports teams, staying active, and spending time with his wife, two adult children, and labradoodle.
His professional certifications include CERTIFIED FINANCIAL PLANNER™ and CERTIFIED WEALTH STRATEGIST™.
Allen Yee is an Investment Advisor Representative offering Securities and Advisory Services through United Planners Financial Services, Member FINRA/SIPC. United Planners and Guidant Planning are not affiliated. United Planners and its representatives do not provide tax or legal advice.
Your Instructor
Tuition
You must register and pay in advance. You may pay with a check or credit card. Credit cards accepted: VISA, Mastercard, and Discover. Make check payable to Pasadena City College. Advance tuition in $39. Tuition includes one workbook.
For immediate reservations:
Online
Call
Fax
(626) 585-3058
Mail completed form with payment to:
PCC Extension
Pasadena City College
1570 E Colorado Blvd. Rm CEC112
Pasadena, CA
91106-2003
In Person
Foothill Campus
3035 E Foothill Blvd. Room 100
Pasadena, CA 91107
Monday-Friday
9:00 am-4:00 pm