Community Corner
On April 18 in Aurora: `Financial Management After Retirement’
At Aurora Public Library, Jigar Doshi of Bentron Financial Group demystifies financial management, empowers you to retire on your own terms
If your retirement picture isn’t coming into focus—or if you are concerned about what you do see—then you are a prime candidate to enroll in a free workshop being hosted by the Aurora Public Library District.
On Tuesday, April 18th, retirement and finance expert Jigar Doshi brings “Financial Management After Retirement” starting at 7 p.m. at the library’s Eola Road branch, 555 S. Eola Road.
To register, visit https://www.aurorapubliclibrary.org/event/8030712.
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In the hourlong session, Doshi will demystify financial management and help empower participants to retire on their own terms.
“It’s common for people to feel overwhelmed by all the factors to take into account at this time of their life,” said Doshi. “There’s no previous practice in trying to gauge the right time to transition into your golden post-employment phase of life.”
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Among other key points, Doshi will address how saving and investing near or during retirement is dramatically different from any other type of financial concern. For example, income, less risk and lower volatility in investments all become necessary components, yet too few people adjust their portfolios to align with these changing needs.
Against the backdrop of the Great Recession that struck in 2008 as well as the economic tumult during the pandemic era, it has become more crucial than ever before for retirees to maximize their fixed income, he added.
The class will provide an in-depth look at various savings vehicles and investment products. Doshi will touch on how to analyze income potential, risk and liquidity of various investment products. He will also advise students on tax favored retirement accounts such as IRA's, 401(k) plans and Roth IRAs.
"I'm giving tools for a new and different retirement than any generation has ever experienced before," Doshi said. "This type of education hasn't existed in the mainstream before."
The presentation is being held in conjunction with Money Smart Week, a public awareness campaign from April 15-21 that is designed to help consumers better manage their personal finances. The campaign was launched in 2002 by the Federal Reserve Bank of Chicago; more information about the week is at http://www.moneysmartweek.org/
A Chartered Retirement Planning Counselor (CRPC), Doshi joined Bentron Financial Group in 2018. He has an undergraduate degree in chemical engineering from the University of Mumbai-India, and a master's degree in Financial Markets from the Stuart School of Business-IIT Chicago.
Doshi has been providing clarity and vision to successful people for nearly 20 years, using his expertise to maximize returns and improve the client experience. His service includes investment advising, estate planning, risk management and watching out for clients’ overall financial well-being.
He and his wife, Kosha, have two children and are active members of the Vernon Hills Indian Association.
Based in Downers Grove, Bentron Financial Group was founded by Dr. Jim Flanagan in 2001. Flanagan is the author of “Packing for Retirement: A Practical Guide to Prepare for Retirement at Any Age.” The book offers a comprehensive overview of the myriad facets of retirement planning.
Bentron Financial Group is online at www.bentron.com.
