When should I retire?
That question can be a head-scratcher. Many considerations are involved, including:
- Do I have enough money saved to live comfortably?
- Will I miss working?
- How much will I receive from Social Security?
Here’s a place to start: TIAA, a trusted partner in administering U-M’s Retirement Savings Plans, will host a U-M-only webinar Friday, April 11, to help participants answer those questions – and more.
Set Your Retirement Date: Understand the Factors to Get You to Your Goal takes place from noon to 1 p.m. Registration is free to U-M faculty, staff and retirees.
The event will cover steps toward deciding when the time is right to retire, including estimating retirement expenses, closing any income gap, and understanding key milestones that can impact retirement finances.
Learn by Livestream
Fidelity and TIAA also offer several live and on-demand events each month so you can learn more about topics of your interest. These events are free and take place on Eastern Time.
Fidelity
Insights Live: Building a Comprehensive Estate Plan
Thursday, April 10 – noon-1 p.m.
A crucial part of financial planning is finding effective ways to pass your assets to loved ones. This webinar will cover the estate planning process, from creating an estate plan, to reducing taxes, to handling an inheritance.
Other topics may include:
- Considerations for transferring assets to different generations
- Strategies to reduce federal estate taxes, and how heirs can manage inherited assets
- Creating estate planning documents and selecting a team to ensure your wishes are carried out
- The process of estate settlement
Insights Live: ‘Ask Fidelity Anything’ on Trusts and Estate Planning
Wednesday, April 16 – 2-2:45 p.m.
This follow-up to April 10’s “Insights Live: Building a Comprehensive Estate Plan” event allows participants to ask questions in real-time about how to utilize trusts in estate planning.
Topics may include:
- Should I include a trust in my estate plan?
- What are the different kinds of trusts?
- Tips and insights about administering trusts and keeping them updated
View Fidelity’s public resources at fidelityevents.com/allevents/special.
TIAA
TIAA offers a curated library of on-demand webinars that address three main subjects:
- Save for your goals
- Manage your finances
- Protect your future
To explore TIAA's webinar library and view events that interest you, go to the TIAA Webinar Lounge.
More to Learn with MHealthy Gameboard
This month, you can expand your overall financial know-how and have a little fun with MHealthy's Money Matters Gameboard. The interactive experience will help participants boost their knowledge about money and finances, one square at a time.
A new task will be unlocked each day, with topics ranging from budgeting and saving money to managing debt and improving credit scores. The goal is to journey along the virtual path and complete all 28 days.
Registration is now open on the MHealthy Portal, and the gameboard opens Monday, April 7. For more information and registration details, view the "New Virtual Gameboard Journey Boosts Your Money Know-how" article.
