Retirement Income Planning

Whether you plan to stop work all at once, or ease into retirement by working part-time, at some point you will need to arrange for multiple sources of income to replace your paycheck. What do you need to think about as you transition from work life to retired life? Where will your income come from? How can you make it last? In this workshop you will learn:

• Why you need a retirement income plan
• 6 questions to ask before you retire
• How to determine how much income you will need in retirement
• The 4 primary sources of retirement income
• 4 popular withdrawal strategies and the pros and cons of each
• How retirement income is taxed
• 5 tax planning strategies in retirement
• A retirement income action plan

Eligible UCare members may receive an allowance to spend toward community education classes. Members must have UCare insurance at the time of registration. Limits and restrictions may apply. Contact UCare for further information.