Transitioning to Retirement Workshop

About

Transitioning to Retirement workshop will provide valuable information and tools for developing a successful strategy for retirement.

Dates: January 15, 22, 29 and February 5

Times: 

  • Staff meets from 9 a.m. - noon 
  • Academics/faculty/physicians meets 1 - 4 p.m.

Location: Online via Zoom, live presentation

Registration is required: 

Workshop materials and information

Workshop materials including slides will be available by 4 p.m. on the day preceding the session. The video of the presentation will be posted by Wednesday of the week AFTER the presentation with a link available on this page. 

Staff (9 a.m. - noon)

Session 1: Introduction and Understanding UC Retirement Plan Income Options

This session will first provide an overview of the class series and information about retirement planning resources. The second part of this session will be an overview of the UC Retirement Plan (UCRP) by staff from the UC Retirement Administration Service Center. The UCRP provides retirees with a monthly lifetime pension or a lump-sum payout upon retirement. UCRP topics will include estimating your retirement income and determining options for survivor benefits.

Session 2: Retiree Health Care Benefits and Human Resources Considerations

The first part of this two-part session will cover a variety of topics regarding retiree health benefits including eligibility for retiree health care benefits, an overview of benefits that continue into retirement, the cost of those benefits, relocation impacts on health benefits and coordination of the UC retiree health care plans with Medicare.

The second part of this workshop will provide an overview of separation from the university and best practices for informing department of departure.

Session 3: Financial Planning for Retirement and Social Security

Learn to avoid the five major risks that result from not preparing a retirement income plan—withdrawal (spending too much too soon), inflation, longevity (outliving one’s savings), medical (underestimating medical expenses), and asset allocation (having the wrong investment mix). The instructor will also review robust online planning tools that can help insure that you do not outlive your assets.

The second part of this workshop will provide an overview of Social Security benefits and programs, including retirement, survivors, disability, and auxiliary benefits. The program will include additional background and history of Social Security.

Session 4: Work and Lifestyle Transitions

Retirement is a time of great expectations but also a time of significant change. As you ready for this next phase of life you might find it to be a challenging transition, even if you have planned for it and are looking forward to it. In the first part of this session, you will learn strategies for successfully navigating the change and thriving emotionally, socially, and intellectually. The second part of this session will feature a panel of retirees who will share their insights into negotiating the transition to retirement and making the most of your retirement years.

Academics (1 - 4 p.m.)

Session 1: Introduction and Understanding UC Retirement Plan Income Options

(materials will be posted by Thursday, January 14th at 4 pm)

This session will first provide an overview of the class series and information about retirement planning resources. The second part of this session will be an overview of the UC Retirement Plan (UCRP) by staff from the UC Retirement Administration Service Center. The UCRP provides retirees with a monthly lifetime pension or a lump-sum payout upon retirement. UCRP topics will include estimating your retirement income and determining options for survivor benefits.

Session 2: Retiree Health Care Benefits and Human Resources Considerations

The first part of this two-part session will cover a variety of topics regarding retiree health benefits including eligibility for retiree health care benefits, an overview of benefits that continue into retirement, the cost of those benefits, relocation impacts on health benefits and coordination of the UC retiree health care plans with Medicare.

The second part of this workshop will provide an overview of separation from the university and best practices for informing department of departure.

Session 3: Financial Planning for Retirement and Social Security

Learn to avoid the five major risks that result from not preparing a retirement income plan—withdrawal (spending too much too soon), inflation, longevity (outliving one’s savings), medical (underestimating medical expenses), and asset allocation (having the wrong investment mix). The instructor will also review robust online planning tools that can help insure that you do not outlive your assets.

The second part of this workshop will provide an overview of Social Security benefits and programs, including retirement, survivors, disability, and auxiliary benefits. The program will include additional background and history of Social Security.

Session 4: Work and Lifestyle Transitions

Retirement is a time of great expectations but also a time of significant change. As you ready for this next phase of life you might find it to be a challenging transition, even if you have planned for it and are looking forward to it. In the first part of this session, you will learn strategies for successfully navigating the change and thriving emotionally, socially, and intellectually. The second part of this session will feature a panel of retirees who will share their insights into negotiating the transition to retirement and making the most of your retirement years.