Description
This course gives CPAs the knowledge to help their clients plan for retirement by evaluating how much retirement income will be required and strategizing about how to reach retirement goals.
Required Knowledge: Basic knowledge of retirement planning
Advanced Preparation: None
Who Should Attend: CPAs looking to advise clients on retirement planning, and CPAs looking for effective strategies for their own retirement
Objective
* Help clients determine how much retirement income is necessary for the desired retirement lifestyle * Identify resources available for retirement *Explain how budgeting can determine retirement resources * Understand how to build the three-legged retirement stool through employer retirement, savings, and Social Security * Understand the need for Plan B when the ideal retirement goal is not achievable * Explain ways that clients can convert the equity in a home to retirement income* Explain how the value of a small business can be converted to retirement income * Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples* Understand timing regarding the use of taxable retirement funds and nontaxable funds, as well as strategies to minimize income tax on Social Security * Recognize the role of various investment types, such as life insurance, annuities, mutual funds, equity holdings, and bonds in retirement planning * Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles
Credit Types
- Specialized Knowledge: 4
- Taxes: 4
Event Speaker(s)
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Surgent: Live Online (8 hours) | Members | $295.00 |
| Surgent: Live Online (8 hours) | Non Members | $500.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.