Base Camp: Hanford Pension Options - Annuity vs Lump Sum

Sep 16, 2021 06:00 PM Pacific Daylight Time - Sep 16, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

If you are Hanford area worker, or know someone who is, this virtual event is for you!

 

Many people on the verge of retirement will be forced to make a decision about their pension that is irrevocable. They will be asked whether they want to take their pension benefit(s) in the form of a lump sum payment or monthly payments for the rest of their life and/or their spouse’s life. If that isn’t complicated enough, if one is inclined to choose the annuity, there are many forms of the annuity: Straight Life Annuity, Joint and Survivor, or Period Certain.

 

With so many considerations, where does one begin?

  • Are you worried about outliving your money?
  • Are you worried about inflation eroding the purchasing power of your pension payment?
  • Does your family need spousal benefit?
  • Are you comfortable investing? If so, how much risk does one take?
  • Are you a big spender? Do you need a governor on your spending?
  • Do you need the money? Is your retirement income covered from other resources?
  • What is the financial state of the pension?
  • Do you prefer simplicity in your wealth planning, or are you comfortable with a little more complexity if there are benefits?

As one can see, this decision is potentially complex and certainly individual to each person. As we enter 2021, this decision will also be affected by the significant decrease in interest rates in 2020. A decrease in interest rates will, generally, require pension funds to reserve larger lump sums for participants in order to protect the required annuity payments. This can make the lump sum more appealing in some cases.

 

But, which option is correct for your wealth plan?

 

Should you, or someone you know, have questions about their pension, or which option to take, our Base Camp event on September 16th will be a great place to start to learn more information about this decision.

 

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below.

We will email you a link to join the WebEx presentation prior to the start of the event.

RSVP

Base Camp: Hanford Retirement 101

Jun 17, 2021 06:00 PM Pacific Daylight Time - Jun 17, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

Learn how to maximize your ‘inside the fence’ benefits. This information will be valuable for anyone who plans on retiring from the Hanford Site, regardless of whether you are covered by Operations & Engineering, or HAMTC.

We will be covering the following topics:

  • Learn about pension options for you and your family
  • Learn about social security strategies for your family
  • Learn what to do with your 401(k) plan at retirement
  • Learn about retiree health care options

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below.

We will email you a link to join the WebEx presentation prior to the start of the event. 


Base Camp: PNNL Retirement 101

May 20, 2021 06:00 PM Pacific Daylight Time - May 20, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

Please join the Pacific Crest Planning Team from the comfort of your home for this great topic to help prepare for retirement from PNNL.


We will cover the following topics:

  • Learn which pension option is best for you and your family
  • Learn about social security strategies for your family
  • Learn what to do with your 401(k) plan at retirement
  • Learn about retiree health care options

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below.

We will email you a link to join the WebEx presentation prior to the start of the event.

 


Base Camp: Hanford Pension Options - Annuity vs Lump Sum

Apr 22, 2021 06:00 PM Pacific Daylight Time - Apr 22, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

If you are Hanford area worker, or know someone who is, this virtual event is for you!

Many people on the verge of retirement will be forced to make a decision about their pension that is irrevocable. They will be asked whether they want to take their pension benefit(s) in the form of a lump sum payment or monthly payments for the rest of their life and/or their spouse’s life. If that isn’t complicated enough, if one is inclined to choose the annuity, there are many forms of the annuity: Straight Life Annuity, Joint and Survivor, or Period Certain.

With so many considerations, where does one begin?

  • Are you worried about outliving your money?
  • Are you worried about inflation eroding the purchasing power of your pension payment?
  • Does your family need spousal benefit?
  • Are you comfortable investing? If so, how much risk does one take?
  • Are you a big spender? Do you need a governor on your spending?
  • Do you need the money? Is your retirement income covered from other resources?
  • What is the financial state of the pension?
  • Do you prefer simplicity in your wealth planning, or are you comfortable with a little more complexity if there are benefits?

As one can see, this decision is potentially complex and certainly individual to each person. As we enter 2021, this decision will also be affected by the significant decrease in interest rates in 2020. A decrease in interest rates will, generally, require pension funds to reserve larger lump sums for participants in order to protect the required annuity payments. This can make the lump sum more appealing in some cases.

But, which option is correct for your financial plan?

Should you, or someone you know, have questions about their pension, or which option to take, our Base Camp event on April 22nd will be a great place to start to learn more information about this decision.

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below or send an email to pacificcrestplanning@rbc.com .

We will email you a link to join the WebEx presentation prior to the start of the event.


Retirement Planning Today

Mar 18, 2021 06:30 PM Pacific Daylight Time - Mar 30, 2021 09:30 PM Pacific Daylight Time
Location To Be Determined

An Educational Course for Adults - Ages 50 to 70

Traditionally conducted at Hanford High School. Now being offered online and at The Pacific Crest Planning Learning Center.

  • In-person class: Thursdays, March 18 & 25 | 6:30 p.m. to 9:30 p.m.
  • Online class: Tuesdays, March 23 & 30 | 6:30 p.m. to 8:30 p.m.

Learn how to:

  • Determine the amount of money you need to retire
  • Create your own goals for a "successful retirement"
  • Eliminate debt and improve cash flow
  • Properly convert your IRA to a Roth IRA
  • Select the retirement plan distribution choice that is right for you
  • Plan your retirement income to preserve a comfortable standard of living
  • Transfer the risk of potential financial losses before or during retirement
  • Reduce or eliminate taxes, expenses, delays and legal challenges with estate planning

Base Camp: Strong & Healthy in 2021

Feb 11, 2021 06:00 PM Pacific Standard Time - Feb 11, 2021 07:00 PM Pacific Standard Time
Location To Be Determined

A successful retirement journey requires more than just “financial fitness”. Success in retirement should also include staying physically and mentally fit. Staying physically and mentally fit helps retirees feel confident and be healthy so they can accomplish all the exciting and meaningful things they want to do in retirement.

We invite you to join our virtual Base Camp to learn strategies you can incorporate in your life to achieve a successful retirement physically, mentally and financially.

Presented by

  • Kyle Blodgett, CFP®, Senior Vice President – Financial Advisor
  • Ryan Sullivan, CFP®, CLU®, ChFC®, Senior Vice President – Financial Advisor
  • Niles Gale, Vice President – Financial Advisor
  • Guest Speaker: Leo Barillas – Owner/Head Coach of Natural Selection CrossFit

 


Base Camp: Hanford Retirement - Monthly Payment vs. Lump Sum

Oct 30, 2020 09:00 AM Pacific Daylight Time - Oct 30, 2020 10:00 AM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Base Camp: Estate Planning

Oct 22, 2020 06:00 PM Pacific Daylight Time - Oct 22, 2020 07:00 PM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Base Camp: Medicare 101

Sep 25, 2020 09:00 AM Pacific Daylight Time - Sep 25, 2020 10:00 AM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Base Camp: Long Term Care - Understanding WA State's Long-Term Care Trust Act

Sep 17, 2020 06:00 PM Pacific Daylight Time - Sep 17, 2020 07:00 PM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Financial education has always been at the heart of our mission.

On a regular basis, we teach a course or workshop about an important financial topic. The workshops are open to the public and rarely discuss products or services. Rather, they focus on providing our clients and the community with the important knowledge each of us needs to navigate the complexities of finances and retirement.

If you would like to sign up for one of our workshops, please contact us today. Please include the name of the workshop you would like to attend, the names of those who will be attending, and an email address or phone number for us to confirm your RSVP.

We look forward to seeing you there!

Base Camp: Hanford Pension Options - Annuity vs Lump Sum

Sep 16, 2021 06:00 PM Pacific Daylight Time - Sep 16, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

If you are Hanford area worker, or know someone who is, this virtual event is for you!

 

Many people on the verge of retirement will be forced to make a decision about their pension that is irrevocable. They will be asked whether they want to take their pension benefit(s) in the form of a lump sum payment or monthly payments for the rest of their life and/or their spouse’s life. If that isn’t complicated enough, if one is inclined to choose the annuity, there are many forms of the annuity: Straight Life Annuity, Joint and Survivor, or Period Certain.

 

With so many considerations, where does one begin?

  • Are you worried about outliving your money?
  • Are you worried about inflation eroding the purchasing power of your pension payment?
  • Does your family need spousal benefit?
  • Are you comfortable investing? If so, how much risk does one take?
  • Are you a big spender? Do you need a governor on your spending?
  • Do you need the money? Is your retirement income covered from other resources?
  • What is the financial state of the pension?
  • Do you prefer simplicity in your wealth planning, or are you comfortable with a little more complexity if there are benefits?

As one can see, this decision is potentially complex and certainly individual to each person. As we enter 2021, this decision will also be affected by the significant decrease in interest rates in 2020. A decrease in interest rates will, generally, require pension funds to reserve larger lump sums for participants in order to protect the required annuity payments. This can make the lump sum more appealing in some cases.

 

But, which option is correct for your wealth plan?

 

Should you, or someone you know, have questions about their pension, or which option to take, our Base Camp event on September 16th will be a great place to start to learn more information about this decision.

 

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below.

We will email you a link to join the WebEx presentation prior to the start of the event.

RSVP

Base Camp: Hanford Retirement 101

Jun 17, 2021 06:00 PM Pacific Daylight Time - Jun 17, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

Learn how to maximize your ‘inside the fence’ benefits. This information will be valuable for anyone who plans on retiring from the Hanford Site, regardless of whether you are covered by Operations & Engineering, or HAMTC.

We will be covering the following topics:

  • Learn about pension options for you and your family
  • Learn about social security strategies for your family
  • Learn what to do with your 401(k) plan at retirement
  • Learn about retiree health care options

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below.

We will email you a link to join the WebEx presentation prior to the start of the event. 


Base Camp: PNNL Retirement 101

May 20, 2021 06:00 PM Pacific Daylight Time - May 20, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

Please join the Pacific Crest Planning Team from the comfort of your home for this great topic to help prepare for retirement from PNNL.


We will cover the following topics:

  • Learn which pension option is best for you and your family
  • Learn about social security strategies for your family
  • Learn what to do with your 401(k) plan at retirement
  • Learn about retiree health care options

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below.

We will email you a link to join the WebEx presentation prior to the start of the event.

 


Base Camp: Hanford Pension Options - Annuity vs Lump Sum

Apr 22, 2021 06:00 PM Pacific Daylight Time - Apr 22, 2021 07:00 PM Pacific Daylight Time
Location To Be Determined

If you are Hanford area worker, or know someone who is, this virtual event is for you!

Many people on the verge of retirement will be forced to make a decision about their pension that is irrevocable. They will be asked whether they want to take their pension benefit(s) in the form of a lump sum payment or monthly payments for the rest of their life and/or their spouse’s life. If that isn’t complicated enough, if one is inclined to choose the annuity, there are many forms of the annuity: Straight Life Annuity, Joint and Survivor, or Period Certain.

With so many considerations, where does one begin?

  • Are you worried about outliving your money?
  • Are you worried about inflation eroding the purchasing power of your pension payment?
  • Does your family need spousal benefit?
  • Are you comfortable investing? If so, how much risk does one take?
  • Are you a big spender? Do you need a governor on your spending?
  • Do you need the money? Is your retirement income covered from other resources?
  • What is the financial state of the pension?
  • Do you prefer simplicity in your wealth planning, or are you comfortable with a little more complexity if there are benefits?

As one can see, this decision is potentially complex and certainly individual to each person. As we enter 2021, this decision will also be affected by the significant decrease in interest rates in 2020. A decrease in interest rates will, generally, require pension funds to reserve larger lump sums for participants in order to protect the required annuity payments. This can make the lump sum more appealing in some cases.

But, which option is correct for your financial plan?

Should you, or someone you know, have questions about their pension, or which option to take, our Base Camp event on April 22nd will be a great place to start to learn more information about this decision.

Join as we cover this topic via a LIVE virtual WebEx link.

Please RSVP by email using the link below or send an email to pacificcrestplanning@rbc.com .

We will email you a link to join the WebEx presentation prior to the start of the event.


Retirement Planning Today

Mar 18, 2021 06:30 PM Pacific Daylight Time - Mar 30, 2021 09:30 PM Pacific Daylight Time
Location To Be Determined

An Educational Course for Adults - Ages 50 to 70

Traditionally conducted at Hanford High School. Now being offered online and at The Pacific Crest Planning Learning Center.

  • In-person class: Thursdays, March 18 & 25 | 6:30 p.m. to 9:30 p.m.
  • Online class: Tuesdays, March 23 & 30 | 6:30 p.m. to 8:30 p.m.

Learn how to:

  • Determine the amount of money you need to retire
  • Create your own goals for a "successful retirement"
  • Eliminate debt and improve cash flow
  • Properly convert your IRA to a Roth IRA
  • Select the retirement plan distribution choice that is right for you
  • Plan your retirement income to preserve a comfortable standard of living
  • Transfer the risk of potential financial losses before or during retirement
  • Reduce or eliminate taxes, expenses, delays and legal challenges with estate planning

Base Camp: Strong & Healthy in 2021

Feb 11, 2021 06:00 PM Pacific Standard Time - Feb 11, 2021 07:00 PM Pacific Standard Time
Location To Be Determined

A successful retirement journey requires more than just “financial fitness”. Success in retirement should also include staying physically and mentally fit. Staying physically and mentally fit helps retirees feel confident and be healthy so they can accomplish all the exciting and meaningful things they want to do in retirement.

We invite you to join our virtual Base Camp to learn strategies you can incorporate in your life to achieve a successful retirement physically, mentally and financially.

Presented by

  • Kyle Blodgett, CFP®, Senior Vice President – Financial Advisor
  • Ryan Sullivan, CFP®, CLU®, ChFC®, Senior Vice President – Financial Advisor
  • Niles Gale, Vice President – Financial Advisor
  • Guest Speaker: Leo Barillas – Owner/Head Coach of Natural Selection CrossFit

 


Base Camp: Hanford Retirement - Monthly Payment vs. Lump Sum

Oct 30, 2020 09:00 AM Pacific Daylight Time - Oct 30, 2020 10:00 AM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Base Camp: Estate Planning

Oct 22, 2020 06:00 PM Pacific Daylight Time - Oct 22, 2020 07:00 PM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Base Camp: Medicare 101

Sep 25, 2020 09:00 AM Pacific Daylight Time - Sep 25, 2020 10:00 AM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.


Base Camp: Long Term Care - Understanding WA State's Long-Term Care Trust Act

Sep 17, 2020 06:00 PM Pacific Daylight Time - Sep 17, 2020 07:00 PM Pacific Daylight Time
Location To Be Determined

Join as we cover this topic via a LIVE virtual WebEx link. Please RSVP by email using the link below. We will email you a link to join the WebEx presentation prior to the start of the event.