Social Security Planning & Medicare Basics for Individuals

Adult Enrichment / 55+ -

Winter/Spring 2025

Now is the time to start planning for income in retirement. Learn about Social Security and Medicare benefits in this informative class.

Social Security Topics Discussed:

5 factors to consider when deciding to apply for benefits.
When it makes sense to delay benefits and when it does not.
How to estimate your benefits.
How to minimize taxes on Social Security Benefits.
How to coordinate Social Security with your other forms of retirement benefits.

Medicare Topics Discussed:

How Medicare enrollment periods work – and what you need to do to avoid late-enrollment penalties.
How much you can expect to pay in healthcare costs after going onto Medicare.
How Medicare works with private insurance to provide comprehensive coverage.
Why most people pay too much for private insurance and how you can avoid excess costs.
Why you must plan for higher healthcare costs in retirement – including the possibility of needing long-term care.

Robert S. Davis

Robert S. Davis graduated from Mankato State University with a Bachelor of Science in Business and received a Master’s degree from Michigan State University. He is a CERTIFIEDFINANCIALPLANNER™ practitioner holding Series 7, 63, and 66 NASD investment licenses. Valuing the importance of life-long learning, he continues participating in multiple professional study programs and advanced courses to keep current in the financial advisory field. He also teaches several classes through Community Ed on topics such as social security, cybersecurity, IRA planning and more. Following several years in the Peace Corps, he began his financial planning career at Fure Financial Corporation before striking out on his own. He established Financial Compass in 2005 to provide honest, independent advice that always serves the best interests of his clients who come from all walks of life.

February 2025