Education Classes

• Understand the basics of TIPS (Treasury Inflation Protected Securities)
• Protect retirement income using a TIPS Ladder
• Demonstrate TIPS Purchase

• Growth As much as appropriate — based on risk capacity and risk tolerance — invested in a broad, low-cost total stock market index 
• Liquidity Reserve 6–12 months of current spending needs held in cash or cash-like investments
• Protection Reserve 5–7 years of essential spending funded through a TIPS ladder to help protect purchasing power and reduce the impact of major market downturns

• Food
• Utilities
• Housing
• Healthcare
• Transportation
• Taxes
• Plus limited dining out
• Plus limited travel

• Calculating Expenses
• Embedded Social Security bridge

• Shock absorbers
• Issued at $1,000 face value
• Adjusted for inflation every day
• Held to maturity
• Reliable
• Predictable
• Currently 52 available
• TIPS Ladder
• Other expenses (major trip, car)

• Catalog
• Choose same maturity month and day for ease of management
• Choose lower coupon if more than one available
• Divide annual rung amount by TIPS adjusted principal
• Recommended to keep to 10 years or less
• Hold in tax-advantaged account

• Use www.tipsladder.com for more advanced planning

• Delaying social security is an investment
• Bond like with insurance characteristics
• Think 70 rather than 62 or 67
• Present value with discounting
• TIPS Ladder while delaying

• Divorced and single
• Disability
• Benefits for minors
• Working while drawing social security
• WEP and GPO have been repealed

• Starting at 62 to sleep better
• Rethinking the "Delay to 70 Rule"
• Psychology
• One cookie now or two cookies later

• Secure and Protected Income at the center covering Fixed Costs
• RIA / IAR as a fiduciary
• Delaying Social Security is the best investment for Retirement Income
• Delaying is like purchasing a DIA
• SPF 70

• Older worker with higher income should delay for Survivor
• Delay even if in poor health
• Survivor can start one and switch to the other benefit
• Spousal Benefit should wait until FRA

• Discounting at Real Risk Free Rate of Interest (TIPS)
• Put money in the bank and let it grow
• Maximize My Social Security
• At least 15% is not taxed
• Option to withdraw in first 12 months
• Voluntary suspension at FRA or later

• Consider a Revocable (Living) Trust
• Check retirement account beneficiaries
• Plan for pets
• Share with parents and children
• Research ways to share estate information

• Avoids conservatorship 
• Defined by state law
• Immediate
• Springing (incapacity)
• Ensure financial institutions accept your POA

• Defined by state law
• Lets a trusted person make your medical decisions if you can't
• Consider uploading to your medical providers

• Defined by state law
• All wills go through probate (public)
• Wills control what happens after death, not during life
• Intestate – what happens when you die without a will

• Generally honored across states
• Avoids probate 
• Private
• Picnic basket / wagon for funded assets
• Can be used to provide for pets

• Individual accounts (not joint)
• Name real people as beneficiaries
• Naming a charity, trust or your estate as a beneficiary should be done only with professional guidance

• Health is Wealth - Ben Alldis, Peloton Instructor 
• The best retirement investment we can make is in our fitness - Ty Rollins 
• You can't pay someone to go to the gym and lift weights for you - Unknown
• If you are bored with fitness, you are doing it with the wrong people - Bradley Rose, Peloton Instructor

• Flexibility (stretching, yoga, Pilates) 
• Strength training (especially core) 
• Cardio (walking)

• Tracking calories
• Frequent weigh-ins
• Calorie tracking
• DietBet
• WayBetter

• Organic whole foods (unprocessed)
• Water

• Physical fitness and nutrition
• Brain exercises 
• Sleep 
• Napping

• Meaning and Purpose in retirement 
• Pets 

Roth dollars provide added flexibility in future tax planning—allowing planning taxable income more strategically.

Roth conversions can create certainty by locking in tax rates

Roth conversions can be compared to longevity insurance because Married Filing Jointly tax brackets are lower than Single tax brackets