As a result of the announcement earlier this week regarding the Early Retirement Incentive Program, we have decided to change the topic of the webinar scheduled for April 22, 2021. The Truth About Credit webinar which was originally scheduled for April 22nd will be moved to June 10, 2021. In its place we are pleased to offer you the “Retirement – Are You Ready” two-part webinar through the Credit Counseling Society.
Part I will be offered in English and French on April 22nd from 1200-1330 EDT.
Part II is currently only available in English and will be run April 29th from 1200-1330 EDT.
Are you retired or thinking of retiring? Are you ready? There are many aspects to retiring, and it is important that you are prepared. In 2000 18% of retirees retired with debt. That number is now projected to be 67%. Maybe not so coincidentally 67% of retirees continue to support their adult children. 47% of retirees worry about debt in retirement and the credit bureaus rank the 55+ and 65+ age groups as being at the highest level of risk for delinquencies and bankruptcies. Come to our session, Retirement – Are You Ready Part I and learn what steps you should take to identify your debt and steps to tackle it. Examine your sources of income, their respective tax implications and other areas of importance.
Part I will be offered in English and French on April 22nd from 1200-1330.
At any age, but especially as you approach retirement, there are certain items that we all need to attend to but put off. Are you financial and household papers in order? If you were to pass now would your spouse, your Executor be able to figure things out or would they have to deal with a mess of papers while struggling with their grief? Are you comfortable with the differences between an Executor, a Power of Attorney, and a Health Care Directive? Are you familiar with Wills, Probate, the cost of Probate and how to bypass this cost? What happens to your debts when you pass, do they go to your spouse and other survivors? Is there a way to help minimize costs associated with estate settlement? Come to our session, Retirement – Are You Ready Part II and learn the answers to these and other questions.
Part II is currently only available in English and will be run April 29th from 1200-1330.
Click on the following link to register for the webinars listed above:
Please note you must register for each webinar.
Chair, Component EAP Committee