Session Update:
The Great Recalculation! Social Security, Medicare, and New Retirement Realities
After decades of historic growth, America’s aging workforce was blindsided by the unprecedented disruption caused by the Covid-19 pandemic. Health concerns, layoffs, and financial market volatility forced many older employees to leave the workforce prematurely (The Great Resignation). Those who remain- including some retirees who are now returning- have had to rethink their retirement plans, and the Social Security and Medicare decisions they are built upon. Think of this as The Great Recalculation! This fast-paced, engaging 1-hour presentation looks at the sobering statistics that underscore the difficult realities facing today’s ‘Peak Boomer’ (and soon Gen X) employees who are nearing retirement. It then highlights important Social Security & Medicare basics that are in play and identifies specific challenges facing this group as they navigate unique, often complex, and highly consequential filing decisions.
Sobering Statistics: Employees today face a very different- and often more difficult- retirement landscape.
Need-to-Know Basics: Social Security & Medicare basics at the foundation of American retirement.
Common Hot Spots: Certain issues may have big implications and often require more time and attention.
Best Outcomes: Despite the challenges, new retirees can still make smart decisions to achieve best outcomes!
Using practical, real-life illustrations that are ‘HR relevant’, this benefits and retirement related content will be of interest to HR professionals of all experience levels, as well as those who simply want to learn more for themselves about Social Security & Medicare… America’s foundational retirement programs.
Attendees receive a valuable Handbook of supplemental content resources (PDF format). This program is pre-approved for 1.0 SHRM and World at Work recertification credit. (Previously pre-approved with HRCI through 2024)
3 Learning Objectives
1. Gain insights into challenging new realities facing older employees who are nearing retirement.
2. Learn about key Social Security & Medicare basics plus high-priority employee filing issues.
3. Apply these practical insights to become a more effective 'frontline' resource for older employees.
Presented by Thomas Wright, a former long-time financial advisor and creator of the Turning 65 Workshop. Tom has spoken to audiences across the United States on topics related to Social Security & Medicare. He's well known for communicating complex financial information understandably.
Session Details:
12:00 PM CST via Zoom, link sent after registration
About our Presenters:
Tom Wright
Tom Wright began his career in 1980 with John Hancock Financial Services.
From 1984 to 2016 he was a financial advisor specializing in employee benefits. He then created the Turning 65 Workshop, LLC (turning65workshop.com) to provide much-needed Social Security & Medicare learning programs for older employees in the workplace, as well as training for HR and Benefits professionals.
He attended the University of New Hampshire and has earned the Chartered Life Underwriter (CLU) designation from the American College of Financial Services in Bryn Mawr, PA. For many years he has been a Continuing Education instructor, working with insurance organizations, the American Bankers Association, and human resources professionals through SHRM, HRCI, and World at Work.
He’s been quoted on various employee benefit topics by media outlets including Kiplinger’s and Fortune magazines, The Boston Globe. He’s also been a featured guest on a number of television and radio programs, and more recently podcasts.
Tom has presented both in-person and virtually to audiences across the United States, including numerous presentations at HR state conferences and chapter meetings. He draws upon decades of experience to communicate dry, complex financial material in engaging, simple ways that ordinary people understand.
Over his career, he has been involved in numerous trade associations, including the National Association of Insurance & Financial Advisors, the New England Employee Benefits Council, the Employers Association of the Northeast, his local Chamber of Commerce, and the Society for Human Resource Management.
For many years, Tom served on the Board of Directors of Way of Life Mission in Portland, Maine, which provides assistance to newly settled immigrants.
He and his wife Patti have 5 children and 4 grandchildren. They consider themselves very fortunate to live on the Maine coast.
