Finance & Economics   

What is behavioral finance and how does it work? What is the psychology behind risk-taking and investing? What makes people feel the way they do when making financial decisions? In this class Steven Cliadakis from OLLI sponsor Altum Wealth Advisors will highlight the theories of leading behavioral finance academics and discuss how they attempt to explain irrational investor behavior. The goal is to explore how we may develop a better understanding of our cognitive and emotional selves to help us make better financial decisions.

Have you ever heard radio hosts say, "I hate annuities," "Annuities are bad," or "Annuities have lots of fees"? In this class Miste Cliadakis from OLLI sponsor Altum Wealth Advisors will demystify what you may have heard about annuities. For example, you may not know that there are four main types of annuities, that some annuities have zero fees, that some annuities are liquid, or that some annuities act much like a CD. Annuities can be complex investment products, and they may not be suitable for everyone. Learn the pros and cons of the various annuities.

This class is designed to assist you in planning the transfer of your wealth to a spouse, children, grandchildren, and any other people or organizations you want to benefit from your estate. OLLI sponsors Dana and Tara Campbell will explore the advantages and disadvantages of different methods for wealth transfer to enable you to make better decisions regarding your own estate. Plan on both lecture and discussion as many exciting things can be learned from information and experiences of participants.

The Medicare Annual Open Enrollment Period (AEP) for Part D prescription drug plans and Part C Medicare Advantage plans begins October 15 and ends December 7. This Medicare FAQ class will offer beneficiaries options for their healthcare needs in the coming year. Passages HICAP Medicare counselors will be on site and ready to perform AEP Part D prescription drug plan comparisons and plan changes for attendees who wish to reevaluate their current plan.

This workshop is for anyone who has volunteered to help a nonprofit or tried to start a nonprofit themselves, including the delights and dilemmas of service and leadership in the nonprofit context. Content includes nonprofit basics, board member roles and responsibilities, and challenges and opportunities for elders in the context of the nonprofit life cycle. There will also be opportunities to explore specific questions and concerns raised by participants. This class does not provide legal advice.

In this class Steven Cliadakis from OLLI sponsor Altum Wealth Advisors will discuss how tax law changes, inflation, falling interest rates, and a changing economy may affect your investments and retirement plans. The class will cover various investment vehicles, such as CDs, Treasurys, index funds, ETFs, alternative investments, and others. Hear the financial market perspectives of respected economists and explore investment trends and best practices. The class will highlight key principles of financial planning and how they can be applied to your personal retirement goals.

This class will educate you about various mortgage loans and how they can be applied to your unique situation. Experts from OLLI sponsor Tri Counties Bank will address Home Equity Conversion Mortgages (HECM) and other home mortgages, with an emphasis on dispelling myths surrounding reverse mortgages. Learn about current mortgage rates, loan terms, down payment requirements, mortgage insurance, and closing costs and fees of all kinds. Understanding the difference between various mortgage options can help put you in the driver's seat on your next home sale or purchase. This class does not provide legal advice.