Pre-Retirement Planning Workshop Resources

Workshop Description:

Stop worrying, start planning! This workshop will guide you through three key steps to help you retire with confidence. We will provide you with the tools and resources necessary to estimate your future retirement income, identify expenses, and address any gaps that might get in the way of reaching your retirement goals. Get ready to create a plan that will set you on the path to retire with everything you need!

Pre-Retirement Planning Presentation

Slide 1: Pre-Retirement Planning Workshop

Slide 2: News Headlines

Slide 3: What Will Be Covered

Slide 4: Introductions

Slide 5: Parts of a Retirement Goal

Slide 6: Your Goal Form

• Participant Guide – Goal Form

Slide 7: Meet Sophia

Slide 8: Budget in Retirement Video

Slide 9: Sophia’s Key Information

Slide 10: Sophia’s Current Expenses

Slide 11: Sophia’s Retirement Expenses

Slide 12: Income in Retirement Video

Slide 13: PERA Income

• Benefit Calculators | SSA (WEP/GPO)
• How your PERA Benefit is Calculated Video
• Working for a PERA-Covered Employer in Retirement Video
• State Tax Withholding Calculator
• Federal Benefit Tax Estimate Calculator

Slide 14: Attend These Webinars

• Benefit Information Webinar
• Retirement Process Webinar

Slide 15: Maximize Your PERA Benefit

• PERA Includable Salary
• Selecting a Retirement Benefit Option Video
• Your PERA Benefit (pg. 7) (Estimate Your PERA HAS)

Slide 16: Highest Average Salary

Slide 17: PERA on the Go (Mobile App)

• Colorado PERA Releases Mobile App for iOS, Android Devices – Colorado PERA (copera.org)

Slide 18: PERA Account

• PERA Secure Member Pages (copera.org)

Slide 19: Social Security

• Social Security Fairness Act

Slide 20: Retirement Budgeting Worksheet

• Fillable Budgeting Worksheet (also on page 7 in the Participant Guide)

Slide 21: Sophia’s Retirement Budget

Slide 22: Monthly Income Gap!

Slide 23: Three Paths

Slide 24: Path 1 – Work Longer

• Over nearly 80 years, Harvard study has been showing how to live a healthy and happy life — Harvard Gazette

Slide 25: Path 2 – Use Savings as Income

• PERAPlus
• Greenwald Confidence Survey 2023

Slide 26: Path 3 – Purchase Service Credit (PSC)

• copera.org/purchasing-service-credit
• PSC Webinar Registration

Slide 27: Apply Your Learning

Slide 28: Action Items

Slide 29: Workshop Survey

• Pre-Retirement Planning Workshop Survey (surveymonkey.com)

Additional Resources:

• Webinars – Colorado PERA (copera.org)
• Video Library – Colorado PERA (copera.org)