The decisions couples make now can have a tremendous impact on the total amount of benefits they stand to receive over their lifetime. Identify factors that can help you get more out of the Social Security system. To help baby boomers better understand the Social Security system, this workshop will cover:• Factors to consider when deciding when to apply for benefits• When it makes sense to delay benefits - and when it does not• Why you should always check your earnings record for accuracy• How to estimate your benefits• How to coordinate benefits with your spouse• How to minimize taxes on Social Security benefits• How to coordinate Social Security with your other sources of retirement income.

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