Retirement Planning

  1. Sources of Retirement Income
    1. Social Security Benefits
      1. Benefit Calculation
        1. Primary Insurance Amount
          1. Average Indexed Monthly Earnings
            1. Bend Points
            2. Claiming Strategies
              1. Early Claiming at Age 62
                1. Full Retirement Age
                  1. Delayed Retirement Credits
                    1. Break-Even Analysis
                    2. Spousal Benefits
                      1. Spousal Benefit Eligibility
                        1. Divorced Spouse Benefits
                          1. Survivor Benefits
                          2. Social Security Optimization
                            1. File and Suspend Strategies
                              1. Restricted Application
                                1. Do-Over Options
                              2. Employer Pension Plans
                                1. Pension Payout Options
                                  1. Lump-Sum Distribution
                                    1. Single Life Annuity
                                      1. Joint and Survivor Annuity
                                      2. Pension Decision Factors
                                        1. Life Expectancy
                                          1. Investment Management
                                            1. Inflation Protection
                                            2. Pension Maximization
                                              1. Pension Benefit Guaranty Corporation
                                              2. Personal Savings Withdrawals
                                                1. Systematic Withdrawal Plans
                                                  1. Fixed Dollar Amounts
                                                    1. Fixed Percentage
                                                      1. Inflation-Adjusted Withdrawals
                                                      2. Safe Withdrawal Rate Theories
                                                        1. The 4% Rule
                                                          1. Dynamic Withdrawal Strategies
                                                            1. Guardrails Approach
                                                            2. Tax-Efficient Withdrawal Sequencing
                                                              1. Taxable Account First
                                                                1. Tax-Deferred Account Second
                                                                  1. Tax-Free Account Last
                                                                2. Additional Income Sources
                                                                  1. Part-Time Employment
                                                                    1. Encore Careers
                                                                      1. Consulting Work
                                                                        1. Social Security Earnings Test
                                                                        2. Rental Property Income
                                                                          1. Property Management
                                                                            1. Tax Considerations
                                                                              1. Depreciation Benefits
                                                                              2. Business Income
                                                                                1. Passive Business Ownership
                                                                                  1. Active Business Involvement
                                                                                  2. Reverse Mortgages
                                                                                    1. Home Equity Conversion Mortgage
                                                                                      1. Eligibility Requirements
                                                                                        1. Risks and Benefits

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                                                                                    5. Investment Strategy for Retirement

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                                                                                    7. Risk Management in Retirement