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25 Financial Planning Strategies for Older Adults - Shared screen with speaker view
Alex Montalvo
16:56
Welcome!Today’s Program: 25 Financial Planning Strategies for Older AdultsPresented by: Dr. Barbara O'NeillThe New York Public Library Privacy Policy https://www.nypl.org/help/about-nypl/legal-notices/privacy-policyZoom’s Privacy Policy https://blog.zoom.us/zoom-privacy-policy/
Anthony Wyche
17:16
NYPL Resources for: 25 Financial Planning Strategies for Older Adultshttps://docs.google.com/document/d/1HksSTgihXhfo62yXUkhFNPT0W9yA4OJKbg3JAbUI4yg/edit?usp=sharing
Alex Montalvo
17:41
Slides are posted at https://www2.slideshare.net/BarbaraONeill/25-financial-planning-strategies-for-older-adults0621
sandy phone
18:53
will recording be sent? sorry just logged in
Alex Montalvo
19:54
A link will be send in the follow up email.
MM
20:01
Making sure my money last enough for me to live in a place where I am not a constant crime target
Ronald Snyder
20:07
Making your money last for your lifetime.
Joan Ungaro
20:13
loneliness
Jan
20:15
Money
Gypsy Hall
20:16
Loneliness
AnnaC
20:20
avoiding IRMAA
Elise Nussbaum
20:22
possibility of needing long term care
Christopher Bygrave
20:25
Heart care cost
Sherry
20:25
Uncertainty of what you need to retire
MM
20:26
Not interesting - disenfranchising to be a constant target
Lisa Lupo
20:27
Relationships with a variety of age groups
Susan Greenhalgh
20:35
Understanding how to protect my money I’ve worked so hard to compile!
Tony
20:37
Pass home to son / daughter without paying a lot of taxes.
MM
20:41
Medical costs
BeverlyMinsberg
20:48
Hard to get a job due to ageism
MM
21:15
Agree with Beverly on ageism
MM
21:26
in fnding work
Lisa Lupo
22:01
What to to invest in taxable accounts vs. qualified accounts from a tax perspective
Michael Murray
22:59
My issue: giving myself permission to spend down wealth, given concerns about making my wealth last the remainder of my life and the my wife's life.
SIBL Webinars
23:36
Please put all questions in the Q & A
Claude H. Collins
23:37
Hi Kathleen, Hope all is well!....
Roanne Kulakoff
24:15
The very low interest rate environment means 50+% of assets aren’t being productive/producing income
MM
31:26
The what bond?
Jan
31:43
what is eye bond?
Shaun
31:44
inflation is currently at 5%
Kathy Lee
32:05
Where do you learn more about I bonds and where do you buy them?
MM
32:29
Anybody know what bond she said gets 3.5%?
Christopher Bygrave
32:50
Series I bond
AJ
33:14
Paid for spouse's funeral expenses with own IRA. This will mean taxes. Will inherit spouse IRA. What are moves to make to reverse or minimize tax hit?
SIBL Webinars
33:23
TreasuryDirect.gov to learn about I Bonds.
Kathy Lee
34:55
Will we receive a copy of the recording for this Money Talk? (please)
Alex Montalvo
36:37
A link to the Zoom recording and a PDF of the powerpoint will be emailed to all registered participants within 24 hours of the presentation.
Linda Rodriguez
36:46
thank you
Michael Murray
37:42
MM -- I think the speaker called them i bonds
MM
37:54
@Michael - thanks
Michael Murray
38:42
What was the link to spreadsheets / templates at Rutgers?
Rob
38:58
Is there a link to the downloadable spreadsheets
Richard Vanvranken
39:09
njaes.rutgers.edu/money
Jan
39:16
Umbrella liability ins. =?
SIBL Webinars
39:57
https://njaes.rutgers.edu/money/
MM
40:25
@Michael - I only got njaes.rutgers.edu - but there was more after that
G Bernasconi
40:34
Is this assets per person or couple?
SIBL Webinars
40:39
Please put ALL questions in the Q & A
Elise Nussbaum
40:47
https://njaes.rutgers.edu/money
Alex Montalvo
01:04:08
Financial Counseling https://www.nypl.org/help/getting-oriented/financial-literacy/counseling Book a 30 appointment by phone.
Anthony Wyche
01:04:43
NYPL Resources for: 25 Financial Planning Strategies for Older Adultshttps://docs.google.com/document/d/1HksSTgihXhfo62yXUkhFNPT0W9yA4OJKbg3JAbUI4yg/edit?usp=sharing
doug
01:11:02
To avoid the IRMAA cliff (I’m 63) how can we predict the cutoffs that are two years ahead? Any reliable sources that accurately predict / prognosticate?
doug
01:12:17
To avoid the IRMAA cliff (I’m 63) how can we predict the cutoffs that are two years ahead? Any reliable sources that accurately predict / prognosticate?
luisa
01:12:55
Hi Can a 457 plan be transferred into stocks? Or can it be sold and buy stocks?
Alex Montalvo
01:13:07
Slides are posted at https://www2.slideshare.net/BarbaraONeill/25-financial-planning-strategies-for-older-adults0621
Alex Montalvo
01:13:35
Retirement Cal: https://www.calculator.net/retirement-calculator.htmlAARP Retirement Cal: https://www.aarp.org/work/retirement-planning/retirement_calculator.html
luisa
01:14:10
Also how can we get an estimate on current and future SSI payments?
Alex Montalvo
01:15:08
Finra Cal. https://www.finra.org/investors/tools-and-calculators
SIBL Webinars
01:26:43
SSA.gov to get estimates on current and future social security payments.
Kathy Lee
01:29:39
How about commenting on guardianship scams? How can you protect yourself from having private guardians or family members try to take over your finances & personal life in fraudulent manner?
Alex Montalvo
01:30:09
Please put ALL questions in the Q & A
Linda Rodriguez
01:30:49
that is a good question
MM
01:37:47
Some switches, if one has bad luck, are like a sledgehammer smashing what you had to bits.
T Tyler
01:38:08
Once someone takes RMD withdrawals, what can you do with the money if you do not need to spend it? What kind of savings plans can you put the money in?
MM
01:38:48
So true about the ageism. When there are diversity fairs they never include older adults and when I've asked organizers they just laughed at me.
MM
01:41:46
Great seminar, Barbara and NYPL. Thank you
Lisa Lupo
01:42:04
Very helpful. Thank you.
S.Barnes
01:42:13
Thank you Barbara��
Agatha Melvin
01:42:14
TY
Anthony Wyche
01:42:37
Next Programs: Registration required!Tue. July 13 at Noon Saving for RetirementSaving for retirement and managing income once you retire are two important aspects of personal financial management. Peter Gonzalez from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation offers resources to help you manage your retirement income. Presented by the FINRA Investor Education Foundation. https://www.nypl.org/events/programs/2021/07/13/saving-retirement
Gypsy Hall
01:42:57
Very helpful. I’ll use the ideas to improve my life! Thank you!
Anthony Wyche
01:43:11
Wed. July 14 at 5 PM Medicare 2021Join us for an overview of the Medicare program and your coverage options, including Medigap/Medicare Supplement insurance, Medicare Advantage/Medicare Health Plans and Medicare Part D prescription drug coverage.Come for the latest information and get your questions answered. Presented by HIICAPhttps://www.nypl.org/events/programs/2021/07/14/medicare-2021
Alex Montalvo
01:48:15
Thank you for attending. The event is now over. Have a nice day!
Paulin
01:48:21
Really great presentation and information. Thank you.
Patricia Eng
01:48:29
Thank you so much! That was so helpful.