CLSOCPF003 - Retirement, Investing, Income Tax and Estate Planning

Retirees are seeking sustainable, growing income streams in an increasingly uncertain environment. A substantial market downturn—or another pandemic—can derail a sound retirement plan. It is more important now that you stress-test your nest egg in order to achieve a higher probability of success in retirement. Monetary policy has brought interest rates to near zero, creating challenges for those seeking income from bonds. High stock market volatility has investors wondering whether to be bullish or bearish. Unprecedented fiscal stimulus has helped avoid a depression, but income and estate tax increases are likely. The confluence of these events will dramatically affect retirement, estate and wealth transfer planning. Financial advisors Deborah Stavis and Eddie Cohen, along with attorney Wendy Farner, address retirement, investing, estate planning and tax-saving strategies. They will also introduce helpful online tools to help retirees navigate planning decisions.

Note: Rice University does not offer financial or investment advice. The intent of our financial planning and investment courses is to provide a general educational overview of the topics described. To determine the applicability of the course content to your personal finances and investments, and for specific advice pertaining to your personal financial situation, you should consult a financial advisor of your choosing.

TOPICS INCLUDE:

• Determining the amount you need to retire and how to generate retirement income
• How the pandemic has changed life, disability and long-term care insurance
• Rising income and estate taxes: Avoiding costly mistakes in your estate plan
• Charitable giving: Direct gifts, donor-advised funds and private foundations
• How the new SECURE Act affects beneficiaries and inheritances