Classes - Create a Successful Retirement

Building Your Retirment Plan
Can I Afford to Retire?
Making Medicare Work for You
Understanding Insurance: Life, Long-term Care, and Disability Insurance

 

Building Your Retirment Plan

Are you within ten years of retiring?  If so, it's time to set the stage for your retirement by attending the follow-up class to "Can I Afford to Retire?".  "Can I Afford to Retire?" calculates when you can retire, this class covers the practical aspects of setting up your retirement plan and developing a checklist for retirement.  Through an overview of retirement savings vehicles you will be equipped to manage your income in retirement.


Can I Afford to Retire?

Most of us would like to be able to retire sooner rather than later.  The question is: How soon...or how much later, and will you be able to enjoy your current lifestyle when you do?  This class gives you the tools you need to “run the numbers” whether you’re 5 or 25 years away from retirement, based on data from Abbott’s retirement plan and what you can expect from the social security system. To determine the exact year that retirement will be a good option for you, you’ll need to know your approximate 401(k) balance when you come to class.


* The Clara Abbott Foundation has partnered with Abbott Corporate Benefits to provide customized tools for calculating your retirement funds. Please note that while we are pleased to offer this information, The Clara Abbott Foundation is not funded or managed by Abbott and is not an Abbott benefit.

 

Making Medicare Work for You

No matter how healthy you are now, as you approach the magic age of 65, it is important to understand your benefits under Medicare, Medicare eligibility and the enrollment process. Learn about the Medicare drug benefit, supplemental insurance plans and other essential information. This class is an important introduction for Medicare recipients and caregivers of elderly parents.

 

Understanding Insurance: Life, Long-term Care, and Disability Insurance

Is life insurance a good investment? Is forgoing disability and long-term care insurance an acceptable gamble? It is not unusual to be confused by the many insurance products out there, so it’s important to learn how to make informed choices. This course discusses major life, disability and long-term care policy types and identifies various tools and resources to help you choose and purchase the products that are right for your situation.