Over the next 5 years, almost 43% * of today’s CEOs will be eligible for retirement, creating a pressing need for both cooperatives and their leaders to prepare for this significant transition. This free webinar series will offer guidance to help ensure organizational continuity, discuss financial readiness, and define a personal vision for retirement. Join us to explore strategies for preparing your co-op for your retirement, preparing for your financial future and crafting a retirement vision and lifestyle that aligns with your goals.
*NRECA Data Warehouse
Who Should AttendThese webinars are intended for NRECA voting member CEOs and General Managers.
Retirement Readiness: Preparing Your Cooperative for Your Retirement
Tuesday, February 11, 2025 | 2:00 pm-3:00 pm ET
As a leader, planning for your retirement is not just about personal readiness—it’s about ensuring your cooperative is prepared to thrive in the future. We will focus on the critical elements of retirement readiness, including succession planning, determining the right timing for your departure and leading effectively through the transition period.
During the session, we will:
- Explore the key components of effective succession planning, focusing on how electric co-ops can identify, develop and retain the right leadership talent.
- Set a clear timeline for your exit, and maintain organizational stability during this pivotal moment.
- Create an understanding of your role in the Executive Search process.
Instructor: Leigh Taylor, Director, Executive Search, NRECA
Retirement Readiness: Preparing Your Finances for Retirement
Tuesday, March 18, 2025 | 2:00 pm-3:00 pm ET
You have spent the better part of your career strategically planning and making financial decisions on behalf of your electric cooperative, but how much time have you spent planning for your life out of the CEO chair? Retirement isn’t just about saving — it’s about making smart, intentional financial decisions early on when considering retiring. Join Homestead Advisers’ President and CEO, Mark Santero, to learn about personal financial strategies outside your workplace 401(k) and pension plan to help run the new chapter in your life.
- Evaluating Your Progress
- Creating a Retirement Budget and Checklist
- Planning Finances for Life in Retirement
- Identifying and Diversifying Sources of Income
- Potential IRA Strategies
- The Importance of Ongoing Financial Guidance
Instructor: Mark Santero, President & CEO, Homestead Funds
Check the background of this investment professional on FINRA BrokerCheck.
Retirement Readiness: Creating a New Container for Your Life
Thursday, April 24, 2025 | 2:00 pm-3:00 pm ET
The CEO/Manager experiences demands like no other and during our time in this role we often find ourselves in a place where the job feels like it's “who I am”, and not so much “what I do”. During this webinar, we will explore tools to help you reclaim and maintain the internal balance and focus needed to create a fulfilling narrative to base a new life plan that enhances longevity, life satisfaction and overall quality of life.
During the session, we will:
- Review pertinent theories on human development over the lifespan.
- Explore the power of mindset regarding retirement (aka decommissioning) vs “repotting” (aka recommissioning).
- Learn how to shift our thoughts, reactions and behaviors away from drama/victimhood towards creative intention in our life narrative.
- Explore theories/models such as Environmental Press, Stages of Change and Self-Care on which to base a compelling, desirable and fulfilling life narrative.
Instructor: Mike Easley, former Cooperative CEO, Author, Coach and LPC-Supervisee at Black Hills Psychology, Spearfish SD
Neither asset allocation nor diversification guarantees a profit or protects against a loss in a declining market. They are methods used to help manage investment risk.
Investing in mutual funds involves risk, including the possible loss of principal. An investment in a mutual fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Homestead Advisers Corp., Homestead Funds’ investment advisor and/or administrator, is an SEC-registered investment advisor. Homestead Funds are distributed by Homestead Financial Services Corp. Homestead Advisers Corp. and Homestead Financial Services Corp. receive compensation from the Homestead Funds for serving in these roles. Homestead Advisers Corp. and Homestead Financial Services Corp. are indirect, wholly owned subsidiaries of the National Rural Electric Cooperative Association (NRECA). Homestead Financial Services Corp., Distributor. 01/25
