In a world moving at warp speed, the ability to filter out the noise and focus on what truly matters is critical to developing a sound financial plan. This self-study webinar will help you to:
- Get your financial plan back on track
- Shore up your ability to achieve your long-term goals and objectives
- Save for your children's education
- Prevent outliving your income
To help accountants and other financial professionals make sound, informed decisions regarding investment and tax planning, asset allocation, portfolio rebalancing, risk management, education funding and retirement planning. You’ll be able to combine the lessons learned from the financial crisis with recent legislative and tax law changes to make sound, informed decisions.
- What to do to make money in 2020
-
The five components of proper planning
– Rainy day funds
– Special purchase plans
– Retirement plans
– Protection strategies
– Estate planning - Social Security
- How to talk finances with aging parents
- Taxation of investments and insurance
- Current investment strategies and market trends
- Case studies of real-life scenarios
• Recognize the primary components of financial planning
• Recognize the various funds suggested by financial planners
• Recognize the three primary factors influencing individual financial plans
• Recognize the ramifications of age on financial planning
• Identify the negative aspects of risk aversion
• Identify the financial planning community’s rule of thumb regarding emergency savings
• Identify specific approaches to cash management
• Identify specific approaches to building investment assets
• Identify the advantages and disadvantages of annuities
• Recognize the various fees typically imposed on purchasers of annuities
• Recognize the generally accepted optimum time for the purchase of long-term care insurance
• Recognize the terminology for primary financial planning documents
• Recognize the positive and negative aspects of in-home care
• Recognize the primary characteristics of hospice care
• Identify the financial planning considerations of the elderly and the younger
• Identify the circumstances in which homeowners will need private mortgage insurance
• Identify the rules of thumb for how much house an individual can afford
• Identify the rules of thumb regarding when to refinance a home mortgage
• Recognize suggested tips for protecting oneself against ID theft
• Recognize the goal of income tax planning
• Recognize the trend in education costs
• Recognize the allowances and restrictions associated with Coverdell savings accounts
• Identify the trends in student debt
• Identify the relative costs of attending community, public and private college
• Identify the characteristics of Section 529 college plans
• Identify the characteristics of UGMA and UTMA accounts
• Recognize those insurance premiums offering the most protection per premium dollar
• Recognize the characteristics of the different types of life insurance
• Identify the relative necessity of disability versus health insurance
• Identify the factors influencing the cost of long-term care insurance
• Identify the single most important step necessary to ensure the disposition of a decedent’s assets as per his wishes
• Recognize the role of probate in estate planning
• Recognize the characteristics of financial advisors
• Recognize the role of liquidity in financial planning
• Recognize the role of age and risk tolerance in financial planning
• Recognize examples of defensive and cyclical stocks
• Recognize the significance of fees on investment performance
• Identify the relationship between bond prices and interest rate movements
• Identify the characteristics of index fund investing
• Identify the characteristics of annuities
• Identify the most commonly expressed concerns with annuities
• Recognize the different categories and classifications of annuities
