Easily Overlooked Retirement Nest Egg Tax Traps Revealed In A New Special Briefing by the Creators of Wealth With No Regrets
Retirement challenges are at an all time high as 10,000 Americans reach retirement age every day facing challenges unlike any previous generations.
In a new special briefing by the creators, of Wealth With No Regrets®, Barry H Spencer and
They talk about how the previous generation reached retirement with a pension and
Additionally, the previous generation wasn't living as long in retirement, maybe only ten to fifteen years, and many worked until they physically could no longer work.
Today, there are over 44 million Americans over age 65, which according to the
Soon-to-be-retirees should pay attention because by 2030, 1 out of every 5 Americans will have celebrated their 65th birthday, with 10,000 Baby Boomers turning 65 every single day. Retired workers receiving
What the previous generation depended on to meet retirement income needs is no longer viable. Corporate pensions' as we knew it are just about non-existent. And
Spencer and Noble talk about the great need for this briefing because retirement is an epidemic affecting an overwhelming number of people. As a result retirees are entering uncharted territory facing significant challenges and obstacles to enjoying the reward for a lifetime of hard work and sacrifice.
The most profound retirement challenges facing retirees and soon-to-be-retirees is the subject of their new special briefing being held in
The fast-paced 77-minute presentation examines the impact on retirement of 7 major retirement fears and concerns including: living too long; running out of money; increasing tax burden; growing cost of living; expanding deficit; rising health care costs; and not passing on family values along with money.
This is profoundly important for retirees as many find themselves 75 years old, in great health, full of life and potentially running out of money.
Spencer and Noble's extensive research and work among soon-to-be-retirees and retirees across the country worth a million and up to nearly a billion collars, share the fear of running out of money. Regardless of net worth most retirees are not getting answers that put their fears and concerns to rest.
A recent CBSMarketWatch article, Our Next Big Crisis Will Be The Retirement Crisis, estimates that 1 out of 2 retirees are at risk of not being able to maintain their standard of living in retirement.
Spencer and Noble's latest briefing on retirement addresses this concern with the purpose of dispelling fact from fiction about the hype around retirement fears and concerns.
The briefing also addresses tax traps on IRA and retirement money and how to access it for maximum lifetime and legacy benefit.
This new retirement briefing is designed to be both informative and entertaining, using stories of famous and not-so-famous people to illustrate the possible retirement and estate planning mistakes that have cost retirees thousands of dollars.
It further outlines practical next steps people can take to protect their retirement wealth, including: three methods to increase a retirement "paycheck" and create an income that can't be outlived; accessing tax deductions used by the ultra-wealthy that are available to most people now; simple steps to reduce taxes on IRA and other retirement money; how to legally bypass capital gains taxes on stocks, bonds and real estate assets; and the one thing everyone must do before taking social security benefits.
The latest information about their updated briefing for the start of 2016, designed for couples and individuals with retirement accounts, business owners, executives, professionals, and millionaire retirees can be found at http://www.retireabundant.com.
Read the full story at http://www.prweb.com/releases/2016/02/prweb13210145.htm
Kemper Announces Property & Casualty Leadership Change
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News