Pinnacle Advisory Group cordially invites you to attend a free CPE Program that will provide you with timely information regarding advanced Social Security planning and portfolio liquidation strategies during retirement that will help you guide your clients. Our featured speaker is Michael Kitces, a nationally recognized expert who speaks regularly at the AICPA and MACPA PFP conferences.
The New World of Social Security
Explore the dynamics of when it makes sense to delay taking Social Security benefits (or not), how the optimal claiming strategies have changed since the Bipartisan Budget Act of 2015, and how best to coordinate the timing of Social Security benefits for couples given the limitations of the new rules.
Key Learning Objectives
- Understand the impact of taking Social Security benefits early, late, or at FRA
- Ability to explain or perform a break-even analysis of Social Security benefits
- Discuss the impact of recent changes to the benefit options available to retirees
- Understand selected claiming strategies that can be used to guide clients
Understanding Safe Withdrawal Rates in Retirement: Mechanics, Uses, & Caveats
Explore why sequence of returns can have a severe impact on the ability to safely retire, the problem with projecting retirement spending using spreadsheets, the current state of research on safe withdrawal rates, and how the sustainable retirement spending research can be applied in specific client situations.
Key Learning Objectives
- Understanding what a ‘safe’ withdrawal rate really is
- Illustrate the impact that return sequencing has on a portfolio’s end result and retirement income sustainability
- Outline potential adjustments to create client-specific ‘safe withdrawal rates’
- Describe how a safe withdrawal rate can be an effective anchor for setting reasonable client expectations
About the Presenter
Michael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL is an expert in the field of financial planning and retirement research, and shares his knowledge with industry professionals, consumers, and clients through conferences, webinars, blogs, and meetings.
Michael is the Director of Wealth Management and a partner at Pinnacle Advisory Group and his knowledge and forward thinking is integrated into our customized financial planning process.
In addition, Michael hosts the industry-leading financial planning blog Nerd’s Eye View (www.kitces.com) and the Financial Advisor Success podcast, is the former practitioner editor of the Journal of Financial Planning, and has co-authored several books including Tools & Techniques of Retirement Income Planning. He is an active writer and editor and has been featured in The Wall Street Journal, Business Week, CNBC PowerLunch, and NBC Nightly News. Michael was a 2010 recipient of the Financial Planning Association’s “Heart of Financial Planning’ award has been recognized as financial planning’s “Deep Thinker” and a “Rising Star” in Wealth Management by industry publications, and was the winner of the Retirement Management Journal’s “Academic Thought Leadership” award in 2014.
Conference Policies
Fee: None
Recommended CPE: 2 CPE Hours
Field of Study: Specialized Knowledge – Technical
Course Registration offered by: CPA AdvisorTools, LLC
Program Level: All levels
Delivery Method: Group Live
Pre-requisites: None
Advanced preparation: None
Attendance requirements: Attendees must sign in and remain for the entire program
Who should attend: Professionals that counsel individual clients
Program Coordinator
John Riina
Director of Marketing, Pinnacle Advisory Group, Inc.
Refund and Cancellation Policy
None, the course is free.
CPA AdvisorTools, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.