A two-day Institute: Saturdays March 1 & 8 from 8:30 - 2:30(with working lunch - bring a lunch)
Cost of this 12 hour workshop is $120.
Site: NCSD Center, Topsfield
Marie Ardito, Facilitator
A TWELVE HOUR WORKSHOP PREPARING YOU FOR THE NEXT PHASE IN YOUR LIFE – RETIREMENT.
This
seminar gives an in depth look at many important retirement issues,
understanding the MA Teacher’s Retirement System, health issues and
health insurance, legal, financial, personal issues and more. You spent
a minimum of four years preparing for your profession as a teacher; you
owe it to yourself to spend time preparing for retirement. This
workshop is aimed at those within five to eight years of retiring, but
all are welcome, including those who have already retired.
Please bring Notebook and Calculator to both days.
Day One
Why we need to prepare for retirement
The
person you are going into retirement in all aspects Your self
knowledge, self worth, self esteem Physical, intellectual, dream goals
you want to accomplish in retirement Inertia, Isolation Developing
positive thinking Putting variety into your life Money suggestions
Protecting your assets Daily living Sandwich Generation Legal checklist
Health issues Working in retirement- what is permitted- what is
penalized To move or not to move State tax structure.
Day Two
- Forms needed for the MTRB
- Medicare
- Forms of Creditable Service
- Health Insurance
- Understanding Age Factor
- Ways to Supplement your Pension
- Retirement Plus
- Purchasing Power of Pension
- Your Final Average Salary
- Cost of Living Adjustment (COLA)
- Pension Max
- Figuring Your Pension Allowance
- When does it make sense to Retire
- Case Studies
- Options you can select to Retire
- Social Security and understanding the Government Pension Offset (GPO) and The Windfall Elimination Provision (WEP) Summation