Retirement Sense

... Making Informed Decisions

Are you thinking about retirement? To have a fulfilling and secure retirement, you need to plan now. Your satisfaction in retirement depends on understanding your values and getting your finances in order. These workshops will help you understand how your current lifestyle, retirement dreams, savings, and investment decisions influence a successful retirement.

Presented by The MIT Work-Life Center

Making Informed Retirement Planning Decisions (A Two-Part Series)

Wednesday, March 13, 2019 - 12:00pm to Wednesday, April 24, 2019 - 1:30pm

Building: 46-3189 (Brain and Cognitive Sciences)


Ken Davies, E.A., C.E.B.S., B.S.; Retirement Programs Manager, MIT

Steven Dimitriou, A.I.F., Q.P.F.C.; Managing Partner, Mayflower Advisors 

Are you beginning to think about when to retire but uncertain of how to make sure you are ready financially? This is a two-part workshop series designed to help participants be informed and proactive about retirement planning for those considering retirement within 10 years.

Participants must attend both sessions in order to take part in the program, and will be asked to complete a few short personal assignments in between sessions. Please be sure that you are willing to make this commitment before registering for this session as space is limited. Please feel free to invite your spouse/partner to join you for these sessions.

Part One: When Can I Afford to Retire? Wednesday, March 13, 2019 from 12:00p.m. - 1:30p.m.

This workshop will help you learn how to estimate your retirement income and costs to plan for a healthy financial future. We will focus on Social Security and Medicare rules, MIT’s retirement plans, and the tax implications of retirement savings. We will also discuss how your day-to-day spending patterns in retirement might differ from how you spend currently. At the end of this seminar, you should be able to create a basic retirement budget of monthly income and expenses, and create a financial picture of your retirement and your path to getting there.

Homework will include personal research into your own current retirement savings and budget in retirement.

Part Two: Will It All Add Up? Wednesday, April 24, 2019 from 12:00p.m. - 1:30p.m.

This workshop will help you understand the impact of your current lifestyle, savings, and investment decisions on realizing your retirement goals. You will learn how the choices you make—or don’t make—about managing investment risk can impact the timing of your retirement and your retirement lifestyle. We will also discuss:

  • Asset allocation and diversification in investment
  • How to create a stable income stream
  • How and why you need to keep your household budget in retirement flexible
  • Estate planning—what it is and why it’s important
  • Types of insurance you may need in retirement
  • How your current and future insurance needs may differ

Presented in collaboration with MIT Benefits

Who Will Take Care of Me? Plan Ahead for Your Later Years

Tuesday, March 26, 2019 - 12:00pm to 1:30pm

Building: E25-401 (MIT Medical)

Presenter: Jody GastfriendL.I.C.S.W.; Vice President, Senior Care Services,

One of the many unforeseen challenges of caregiving is confronting our own mortality and wondering, “After all I’ve done to care for mom and dad, who will now take care of me?” The good news: You don’t have to answer this question on your own! This seminar will cover:

  • Ways to enhance well-being, independence, and social connection as you age
  • Resources such as livable communities, in-home supports, and assistive technology
  • Costs of long-term care
  • Steps you should take now to enhance your future quality of life

Understanding the Legal Landscape of Aging

Wednesday, April 10, 2019 - 12:00pm to 1:30pm

Building: 46-3189 (Brain & Cognitive Sciences) 

Presenter: Patricia C. D’Agostino, J.D.; Partner, Margolis & Bloom, LLP

This seminar will help you understand a range of services and resources that are available to elder caregivers. It will provide you with the tools to help you in the planning, assessment, and implementation of care for your loved ones with a focus on the timing, mechanics, and legal issues involved. We will cover everything from Medicaid to your rights as a caregiver. Attorney Patricia C. D'Agostino will help debunk common myths and clarify the rules of coverage to help you better navigate the legal landscape of aging.

Optimizing Your Social Security Benefit

Wednesday, April 17, 2019 - 12:00pm to 1:30pm

Building: 46-3189 (Brain and Cognitive Sciences)

Presenter: Francine Kollias, B.A.; Social Security Consultant and Educator

Considering retirement, but not quite sure how to maximize the government benefits available to you? This session will help. Come learn the ins-and-outs of Social Security and Medicare benefits and enrollment, including:

  • Common Social Security myths
  • Qualification guidelines for Retirement, Survivor, and Disability benefits
  • Medicare basics and enrollment requirements
  • Filing procedures and timeframes around applying for benefits
  • Helpful online services provided by the Social Security Administration

Maximizing Quality of Life as You Age (Webinar)

Tuesday, November 5, 2019 - 1:00pm to 2:00pm

Whether retirement seems far away or just around the corner, it's important to maximize quality of life as we age. In order to do that, it's helpful to consider how best to enhance well-being, independence, and social connection. This webinar will cover topics such as livable communities, in-home supports, technology resources, and the cost of long-term care.