TAX 640 - Retirement Planning

3 Credit(s)

Students examine in depth how to address several critical retirement planning decisions an individual client will face. Students will be able to assess the risks associated with retirement and aging and recommend strategies that can effectively minimize these risks. They acquire the analytical tools to advise clients regarding their optimal retirement age. They will be able to recommend strategies that enable clients to effectively turn retirement assets into retirement income. They will be able to help clients understand the optimal place to live during retirement and to help them understand the strategies for using the home as a financial asset. Students learn to advise clients about the optimal age to claim Social Security and the various Social Security claiming strategies. In addition, a myriad of retirement planning products and strategies will be discussed to enable the student to properly advise clients. This is an elective class.