TAMPA, June 1, 2017 /PRNewswire/ -- Executives, professionals, and business owners are invited to a free, public briefing to discover how to reduce income taxes and estate taxes and stay clear of the biggest retirement pitfalls.
"Today's retirees face a series of complex decisions, significant challenges and unknown obstacles to enjoying the reward for a lifetime of hard work and sacrifice," said Leo Irizarri. "We want to make sure that people in retirement are well educated to be able to make wise, well-informed decisions about their money, their family and their future."
According to the Population Reference Bureau (PRB), the number of Americans, age 65 and older, is projected to more than double, from 46 million today to over 98 million by 2060. The 65-and-older age group's share of the total population will rise to nearly 1 out of 4. This group faces significant challenges to retire and stay retired. As a result, PRB further projects that by 2022, 1 out of 4 men and 1 out of 5 women will still be working after age 65.
This new series of briefings educates and equips retirees against the little-known mistakes and costly missteps that can derail retirement. The fast-paced, 77-minute presentation explores the seven major retiree fears and concerns, the eight little-known money pitfalls and the four keys to an abundant retirement, along with real world examples.
"Imagine being 65 years old, in great health, full of life and not sure whether you will have enough. AARP reported that 2 out of 3 older Americans fear running out of money more than dying. The fear of running out of money is not unfounded in light of the economic and financial challenges," said Leo Irizarri.
Besides unnecessary taxes, one of the little-known pitfalls for retirees is running afoul of IRS retirement account rules. It can cost unsuspecting retirees a bundle. According to Forbes magazine, "Americans paid an estimated $5.8 billion in penalties on retirement account withdrawals. (That's in addition to the regular tax owed on those withdrawals.)"
In addition, the Wall Street Journal reported that, "Uncle Sam is about to get a lot tougher on individual retirement account mistakes—and that could trip up investors who aren't careful."
During the public seminar, attendees learn how to:
- Create substantial income tax deductions.
- Avoid double taxation on your "targeted" retirement accounts.
- Legally bypass capital gains taxes on stocks, bonds and real estate.
- Reduce and even eliminate income taxes on your IRA and 401(k).
- Convert unused assets into an income you can't outlive.
- Save taxes using strategies the IRS and congress want you to use.
"There will be nothing to buy at this briefing, just valuable and usable information. Every attendee will receive a free action guide to help them avoid the costliest retirement mistakes," Leo Irizarri said.
The briefings are complimentary and are by registration only.
Retirees can register by calling Irizarri's firm at (813) 284-4724 or go online at www.wealth-transfer.net.
Leo Irizarri continues, "I believe that people who have worked hard for their money and saved for retirement deserve to enjoy greater peace of mind and freedom in retirement, not merely to just get by. That's why we educate retirees about their challenges and their options. I hope people take advantage of our free briefings. They are filled with retirement nuggets and tips. Attendees say they really profit from the information and they have fun as well."
Leo Irizarri stresses that education is the first step in understanding the many options available in order to gain greater control of your retirement and future.
About LEO IRIZARRI:
LEO IRIZARRI, is a nationally recognized Financial Educator, Author, Speaker and Wealth Planner. Irizarri is the Co-Author of Retire Abundantly: The Proven Principles To Create A More Worry Free Retirement With Less Stress!, a book written to help retirees more fully enjoy their hard-earned wealth by understanding their obstacles and options.
Leo shares his financial wisdom and insights as a Speaker at various organizations and through a series of public educational seminars. As the Founder and CEO at Wealth Transfer Consultants, LLC, he and his team help clients preserve, protect and pass on their wealth through highly customized financial plans and strategies.
Leo and his wife Jessica enjoy spending time with their children, Micah and Elizabeth, as well as many outdoor activities.
Wealth Transfer Consultants, LLC
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SOURCE Wealth Transfer Consultants, LLC