Pre-Retirement, Transition & Financial Planning

Overview

This course provides a comprehensive guide to navigating the financial, psychological, and lifestyle changes associated with retiring. It focuses on strategic financial planning, including income projections, withdrawal strategies, healthcare considerations, and tax-efficient investment options. Participants will also explore approaches to redefining purpose beyond traditional employment and preparing for emotional and social transitions. Through personalized assessments, scenario planning, and practical exercises, this course equips learners to design a holistic retirement plan that ensures financial security, lifestyle alignment, and emotional well-being for a fulfilling post-work life.

Learning Outcomes

1. Calculate retirement income needs using projection models that account for inflation, life expectancy, and varying expense patterns.
2. Develop optimal withdrawal strategies from diverse income sources (pensions, investments, Social Security) to maximize income sustainability.
3. Create asset allocation frameworks tailored to pre-retirement and transition phases that balance growth potential with downside protection.
4. Evaluate healthcare funding options and insurance coverage needs specific to retirement planning.
5. Design transition plans addressing psychological and lifestyle adjustments, including purpose-finding and social engagement strategies.
6. Implement estate planning and legacy considerations as integral components of comprehensive retirement preparation.
7. Assess and mitigate key retirement risks such as longevity, market volatility, inflation, and unexpected healthcare expenses while ensuring flexibility in financial plans.