5 Must-Knows About In-Retirement Spending - with Christine Benz at Morningstar, Inc.

5 Must-Knows About In-Retirement Spending

Wednesday, November 16, 2022, 6:30-9:00PM

Register now and $ave with one-time, unsustainable rates (see below)!

We are finally returning to in-person meetings for the first time since the start of the pandemic.

We recognize both the need to socialize with members and speakers as well as respecting that some members have special health requirements in their families and acquaintances.

We are trying to accommodate all of those needs - please be considerate and wear a mask.

Presentation Synopsis:

One of the major questions in retirement planning is how much retirees can safely spend without prematurely depleting their assets.

Morningstar's director of personal finance and retirement planning Christine Benz will discuss key factors to bear in mind as you develop a safe and livable in-retirement spending rate.

She will also share what current conditions--higher interest rates, declining stock prices, and high inflation--mean for in-retirement spending going forward.

Finally, she'll look at the interplay between your in-retirement spending and your portfolio's asset allocation and share some in-retirement model portfolios.

Attend This Meeting and Learn:

• What the historical data say about safe retirement spending rates
• What current yields and equity valuations suggest about safe withdrawal rates in the future
• How dynamic withdrawal-rate systems can help enlarge lifetime in-retirement spending
• How retirees can use their planned spending to customize their portfolios' positioning

Bio: Christine Benz:

• Director of personal finance and retirement planning for Morningstar and senior columnist for Morningstar.com since 2008.
• Author of "30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances" (Wiley, 2010).
• Co-author of "Morningstar Guide to Mutual Funds: 5-Star Strategies for Success," a national bestseller published in 2003, and author of the book's second edition published in 2005.
• Director of Mutual Fund Analysis for Morningstar before assuming her current role
• Editor of several of Morningstar's publications including Practical Finance, Morningstar Mutual Funds, and Morningstar Fund Investor.
• Analyst and editor at Morningstar since 1993.
• Bachelor’s degree in political science and Russian/East European studies from the University of Illinois at Urbana-Champaign.

Christine Benz’s contact Info:

Website: morningstar.com

E-Mail: christine.benz@morningstar.com

Phone: 708-790-1997

Location: Chicago, IL

Additional Meeting Info:

Program Date: Wednesday, November 16, 2022

Schedule:

6:30pm Registration/Social Time

7:00pm Program

8:30pm Q&A

9:00pm Doors closed

Registration & Payments

We kindly request that you register to attend this meeting, so we can address seating requirements - and so that YOU can get a $5 discount vs  not registering in advance.

The Eastern Michigan Chapter requests that everyone pay the fees to attend the chapter meetings to help the chapter meet its expenses.

Advance Reservation:

• SPECIAL, ONE TIME, Discounted Rates ONLY for this meeting to celebrate our return to in-person meetings after 2+ years apart! We’re losing money, but you are saving some!
• By email - Download, fill and attach the registration form to aaiiEasternMich@gmail.com by November 13, 2022, then pay $5 in cash or by check (payable to AAII) at the door.
• By Mail - Pay $5 with a check (payable to AAII) postmarked by November 9 to Bruce Judycki AAII, PO Box 851502, Westland, MI 48185

            - OR -

At the Door (without reservation):

• Pay $10 in cash or by check (payable to AAII) at the door.

Refund Policy: No refunds (except as noted in the Protocol for In-Person Chapter Meetings)

Notice, Policies, and Disclaimers:

We recommend you bring with you, and wear a mask, please!

AAII COVID Protocol for In-Person Meetings

CDC COVID How to Protect Yourself & Others