The Great Recalculation!
Social Security, Medicare, and New Retirement Realities
8:00am-8:30am: Registration/networking
8:30am -10:00am: Meeting
Location:
Cheshire Medical Center
580 Court Street
Keene, NH 03431
Directions:
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Park near the West Lobby entrance.
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From the parking area, enter through the West Lobby.
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The North Conference Rooms 1 and 2 are situated down the first hallway on the right.
Join us after the meeting for a post meeting discussion! Want to suggest a topic? Email info@monadnockshrm.org or use our new forum: https://monadnockshrm.org/forum
Session Overview:
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 have had to rethink their retirement plans- and the Social Security & Medicare decisions they are built upon.
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 real-life illustrations that are relevant and practical, this benefits-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.
3 Learning Objectives
1. Acquire a more confident understanding of Social Security & Medicare and their foundational role
in offering a stable retirement for today’s employees, even in uncertain economic times.
2. Learn about specific, high-priority Social Security & Medicare issues that employees must
consider when they file for benefits from these programs.
3. Gain practical insights about navigating the transition into retirement income & healthcare
benefits, thus becoming a more effective 'frontline' resource for older employees.
Duration: 60 minutes
Speaker and Company Bio:
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 (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.
Meeting Sponsor:
TBD
Credit Hours:
Greater Monadnock SHRM is certified by SHRM as a Preferred Provider to offer Professional Development Credits (PDCs) for SHRM-CP or SHRM-SCP, and this program has been registered for 1.00 PDC in the SHRM Body of Applied Skills & Knowledge™ (SHRM BASK™).
Programs are submitted for 1.00 General HR Credit toward PHR, SPHR, and GPHR certification through the Human Resources Certification Institute.
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