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Pre-retirement Course for Non-GPs
22 January 2020 @ 12:30 pm - 3:45 pm
Pre-retirement Course for Non-GPs
Wednesday 22nd January 2020
Room 4, Dorford Centre, Dorchester Baptist Church
12:30-15:45
Summary: To encourage a positive and realistic approach to a financially secure retirement and help delegates make informed choices about their retirement.
Length of course: Half day
Suitability: Anyone, regardless of grade considering retirement within the next three years.
Course objectives:
- Changes in your lifestyle and options available to build a new way of life
- Choices you need to make about your occupational pension before you leave
- Where you can expect income from and how it is taxed differently in retirement
- What different savings and investments can do for you
- Why increased life expectancy escalates the dangers of inflation and how to combat it
- How to ensure your estate is passed to your intended beneficiaries
- How to deal with long term care costs and inheritance tax
- Understand your next steps & where you can receive further guidance & advice
Course structure:
Changes to your lifestyle
- What does retirement mean for you?
- What work gives you?
- Changes in the use of your time
- Making the most out of retirement
When can I retire?
- Expenditure in retirement
- Can you afford to retire?
- Changing income needs
State pensions and benefits
- State pension ages
- The new state pension
- Other age related benefits
Workplace pensions
- Defined Benefit schemes
- Defined Contribution schemes
- Retirement ages
- Choices at-retirement
Inflation
- How inflation can erode the value of money
- Life expectancy
Savings and investments
- Risk and return
Personal taxation
- Income tax
- Personal savings allowance
- Tax free dividend allowance
- Capital gains tax
- ISAs
Estate planning
- Inheritance tax
- Wills and intestacy
- Lasting Power of attorney
Long term care
- Financial assessment
Teas and Coffes will be provided.
Booking: Please click here to book your place.