Have you ever considered talking to a financial planner, but have been scared off because of costs? If so, Financial Planning Days is your opportunity to talk with a certified financial planner for free.
Organized in partnership with local city governments, these free public events that run from Sept. 27 through Nov. 8 give you an opportunity to address your personal finance questions privately with highly qualified Certified Financial Planner (CFP) professionals who will volunteer their time to meet with you one-on-one. You will also be able to attend informative classroom workshops addressing key areas of financial planning.
You can ask questions on a variety of topics including
Best of all – it’s all free and there are no strings attached! Financial planners are participating as volunteers and they will not take down names, sell products or services or give out business cards or marketing materials. And, you can consult with as many different financial planners as you need.
Come as you are or come prepared with any financial paperwork related to your questions. You can also pick up a variety of free personal finance resources, including government publications from USA.gov.
To learn more and to register for an event in your area, visit www.FinancialPlanningDays.org. You can also call toll free at 877-861-7826. Walk-ins are welcome too, but we recommend that you register in advance.
If you’re new to the workforce or graduating college this spring, attend a free webinar sponsored by the Department of Labor where you’ll learn to plan for your financial future.
You’ll learn about tools for budgeting, student loan repayment options and how to make the most of employer-provided retirement and health benefits.
Sign up now and join the event Friday at 1 p.m. ET.
Use calculators and worksheets on Investor.gov to help evaluate your finances.
Here are just a few of the tools you’ll find:
- 401(k) and IRA Required Minimum Distribution Calculator: After age 70½, you are generally required to start withdrawing money from your IRAs and 401(k)s. Find out the minimum amount you’ll need to withdraw, depending on your age and the value of your accounts.
- Compound Interest Calculator: Find out how much your money can grow, using the power of compound interest.
- Social Security Retirement Estimator: Get personalized benefit estimates to help you plan for retirement.
- Worksheet for Determining Your Net Worth: Use this worksheet to list your assets and debts.
- Worksheet for Tracking Your Income and Expenses: Keeping track of your income and expenses will help you stay on track with your financial goals.
Once you know your current financial situation, you’ll be in a better position to plan for the future.
Whether you’re getting close to retirement or planning for the future, you can estimate your Social Security benefits.
The estimator gives you an idea of what your monthly Social Security benefits would be, based on your current record of Social Security earnings. Your actual benefit amount cannot be determined until you apply for benefits.
As you plan for your retirement, keep in mind that you’ll need 70-90 percent of your pre-retirement earnings to maintain your standard of living when you stop working. Social Security benefits will only make up a part of this percentage and should be supplemented by a pension, savings, and/or investments. Check out 10 Ways to Prepare for Retirement.