Financial Planning and Wellness in Retirement

Description

Financial Planning and Wellness in Retirement

Overview

This course is designed to help individuals achieve financial security and overall well-being during their retirement years. It covers essential topics such as budgeting, managing investments, minimizing tax liabilities, and planning for unexpected expenses. Additionally, the course emphasizes the importance of maintaining physical, emotional, and social wellness to ensure a balanced and fulfilling retirement experience.

Learning Outcomes

1. Understand the key components of financial planning for retirement, including budgeting, income sources, and expense forecasting.
2. Learn strategies to manage investments effectively, diversify portfolios, and minimize financial risks during retirement.
3. Explore methods to reduce tax liabilities and optimize retirement savings through tools like IRAs, 401(k)s, and annuities.
4. Identify ways to prepare for unexpected expenses in retirement by maintaining emergency funds and proactive financial planning.
5. Recognize the importance of physical health, emotional well-being, and social connectivity in achieving a balanced retirement lifestyle.
6. Develop personalized plans to align financial goals with desired retirement activities and aspirations.
7. Gain insights into estate planning to protect assets and provide for heirs while ensuring long-term financial stability.

This course includes

• One hour on demand video.
• Two articles.
• One downloadable resource.
• Certificate of completion.