Retirement workshop set
How can I be sure my retirement funds will last my lifetime? This important question will be addressed in an Iowa State University Extension and Outreach workshop on Thursdays October 21 and 28, 6:30-8:30 pm, at Hamilton County Extension in Webster City. Social distancing will be observed and use of face coverings is encouraged.
“Writing Your Retirement Paycheck” is designed to provide information and resources needed by those approaching retirement within the next ten years. The workshop outlines key factors to consider prior to retirement and describes strategies for planning one’s income in retirement.
“For most of us,” says Barb Wollan, Human Sciences Specialist, “our paychecks have been determined by someone else all our lives. But in retirement, many of us are responsible for writing our own paychecks. How will we know how big it should be?”
According to Wollan, who will lead the workshop, topics include inflation, health costs, Social Security, required minimum distributions, income tax, and more. “Individuals need to make their own decisions about retirement,” says Wollan, “but clear and non-commercial information is a necessary ingredient for decision-making.”