One of Georgia's Top Retirement Specialists, Rick Wright, Co-Authors New Book to Cut Taxes and Avoid Retirement Mistakes
SAVANNAH, Ga., March 13, 2020 /PRNewswire/ -- "Retire Abundantly," a new book co-authored with Rick Wright, offers business owners, executives and professionals, wisdom, advice and principles on how to reduce income taxes and estate taxes to enjoy a greater lifestyle and legacy.
"Retiring is a complex and difficult task today. Very different than when my parents retired. There are twelve major obstacles that retired business owners, executives and professionals must overcome to enjoy a lifestyle of freedom and preserve, protect and pass on their hard-earned wealth," said Rick Wright, Founder of Coastal Tax Centers.
The new book educates and equips successful individuals and families against the little-known mistakes and costly missteps that can derail their lifestyle in retirement.
"As a result of widely held myths about investing and protecting money, many retirees are unknowingly making some costly mistakes. It is my professional responsibility to provide leadership and guidance in helping successful individuals and families cut through all the misleading, conflicting information and confusion that's out there. With greater clarity, they can make wise decisions leading to a life of greater success, meaning and significance," he said.
Running afoul of IRS retirement account rules can cost a bundle, according to Wright. 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." The IRS levied over half a billion dollars in fines in just a two-year period for missed retirement plan withdrawals and contributions that break the rules.
The easy to read book is not laden with technical jargon but is filled with real world wisdom on wealth preservation and protection. It begins by exposing how and why the wealth and retirement planning industry has left many adrift, along with the myths that many have been led to believe. It also details the three major retirement mistakes that many are making.
The book details the twelve biggest wealth obstacles that hinder those who have successfully accumulated wealth from preserving, protecting and passing on that wealth to future generations and causes they care about deeply. The book concludes outlining the solutions, including an enlightening case study that illustrates the concepts detailed in the book. The book also includes a set of real-life stories of wealth failure and success, along with how to take the next step in your lifestyle and wealth planning.
"Financial independence in retirement is not once-size-fits-all. It means very different things to every single person, so the cookie-cutter approach being offered by so many advisors and financial firms will not do. Plus, life's uncertainties are just that… uncertain. Without proper planning and protection, uncertainties can derail peoples' lives. That's my mission and why I'm passionate about what I do. I help business owners, executives and professionals enjoy an abundant retirement by having their wealth protected against life's uncertainties and leave a lasting legacy to those they care about most," he said.
He concluded, "As we say, 'We help our clients retire the WRIGHT Way. And there is no ONE Wright way!'"
About RICK WRIGHT
Rick Wright is a nationally recognized Financial Educator, Author, Speaker and Retirement Planner. As the Founder and President of Coastal Tax Centers, a Tax Planning firm in Savannah, Georgia, he and his team help business owners, executives and professionals retire on their terms – "The Wright way. And there is no ONE Wright way."
Rick brings his diverse wisdom and extensive experience to every client's unique financial situation, which includes work on Capitol Hill with U.S. Senator John Glenn Jr., the first American to orbit the earth; a Master's Degree from Johns Hopkins University, and over thirty years of financial services experience.
It doesn't take long with Rick to see why successful people have entrusted him with their money and future for decades. When Rick is not helping clients enjoy an abundant retirement, he enjoys golf, fishing, and giving time to further the mission of his church.
Contact:
Rick Wright
[email protected]
912-598-2073
SOURCE Coastal Tax Centers
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