The Lifetime Income Model; Social Security: Seven Keys to Enhancing Benefits

Retirement Planning for Clients & Practitioners
Instructor: Paul C. Koenig, CFP, ChFC, CRPC, RFC; and Lance Leimberg, CFP, ChFC, CRPC
Location: Gloucester County Fire Training Academy
PACLE: 2.0
NJCLE: 2.4
CPE: 2.0
Time: 4:30 PM
Date: December 12, 2019

The first topic will deal with retirement planning.  This is of particular importance not only to your clients in advising them in the context of estate planning, but also to the small legal practitioner or accountant in his or her own firm management, succession planning and retirement formulation.  The discussion will focus on how to identify whether you, your clients, or members of your firm have enough money to retire; if funds have been invested in the right places; and in which order to use retirement assets.  Social security is not enough to live on, and the majority of people do not have a pension.  This seminar will focus on the critically important task of how to plan for your money to outlive you.


The second half of this presentation deals with the complexities of Social Security.  This is a critical component of a practitioner’s retirement plan and the overall management of one’s firm.  Determining how and when to take Social Security requires careful consideration.  Folks who are divorced or widowed have additional options of which they are often unaware, thus further complicating the decision-making process (of particular interest to Family Law practitioners).  This presentation will explain various features of this government program that are often misunderstood or completely unknown.