CPE Course Determining How Much Money You Need to Retire: Practical Planning Strategies

November 5, 2018

8:30am — 4:15pm

Location Manchester

Member Price $259.00Register after October 15 and pay $279.00
Non-member Price $359.00Register after October 15 and pay $379.00

Curriculum Taxation, Specialized Knowledge

Field of Interest Other, Personal Financial Planning, Retirement Planning, Specialized Industry, Taxation (General)

Level Intermediate

Designed For

CPAs who wish to serve the needs of the growing segment of the public for whom effective retirement planning is critical as they reach their peak earning years and/or are approaching retirement


This course gives CPAs the knowledge to help their clients implement tax-effective investment and portfolio strategies for successful wealth accumulation and real after-tax retirement income maintenance.

Learning Objectives:
* Identify the success factors in building a retirement nest egg
* Explain the relationship between risk and return and the investment horizon
* Describe the tax effect of inflation, its interaction with the income tax, and the effects of taxation on investment performance
* Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples
* Discuss the pros and cons of annuities as accumulation and payout vehicles for retirement
* Describe the complex tax, legal, and financial elements of life insurance and summarize the wide range of uses for life insurance in retirement planning
* Explain the various ways clients can convert the equity in a home to retirement income
* Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles


* Asset allocation, portfolio management, portfolio rebalancing, and investment selection concepts, before and after retirement, tax-saving investment transactions, and the optimal asset mix between retirement plans and taxable savings
* Historical guidelines for nominal and real after-tax returns
* NEW expanded section on understanding expenditure patterns in retirement and the level and risk associated with out-of-pocket medical expenses in retirement
* Worksheets/formulas for determining how much money one needs to assure a financially secure retirement
* Distribution/asset liquidation planning including the pros and cons of various annuity options, guidelines/strategies using the minimum required distribution rules for qualified plans and IRAs, beneficiary elections, and the use of trusts
* Sustainable portfolio withdrawal rates during retirement for differing stock/bond/cash asset allocations, inflation rates, and tax rates both from tax deferred accounts and taxable accounts
* Analysis of the regular IRA to Roth IRA conversion election
* Variable annuities vs. mutual funds; Roth IRAs vs. regular IRAs; and the use of life insurance in a pension maximization strategy
* Analyzing the impact of recent tax law, regulations, and rulings
* Analyses of the most current/important research on retirement planning and sustaining retirement income levels and lifestyles


Neil A. Brown

Neil Brown currently advises clients at Burkett Financial Services (BFS) on a wide variety of personal financial planning issues, including distributions, retirement, income tax, insurance, education, investments, and estate tax. Prior to joining BFS, Mr. Brown headed the financial planning department at a large fee-only financial planning firm. Prior to that, he was a senior consultant with the Carolinas Financial Counseling Services Practice of Deloitte and Touché, where he spent the majority of his time advising executives and employees of a Fortune 500 company on retirement, insurance, investment, income, and estate planning. In addition to his membership in several CPA and financial planner organizations, Mr. Brown was also the Program Coordinator for the CFP ® Certification Education Programs at Midlands Technical College and the University of South Carolina, as well as a national instructor for Keir Educational Resources' CFP ® review. He has also been quoted in and authored articles for various financial-planning publications. Mr. Brown received both his bachelor's degree in business and his Master of Accountancy from the University of South Carolina.close


Basic knowledge in retirement planning


Surgent McCoy CPE, LLC

Back to Course List Add to Cart View Cart