WICHITA, Kan., Sept. 1, 2016 /PRNewswire/ -- Retirement is a tricky affair these days and has become even trickier for many.
More than 44 million Americans over age 65 are facing stiff challenges to retire and stay retired. Retired business owners, executives and professionals are invited to a free, private briefing to find out how to reduce income taxes and estate taxes on their IRA, 401(k) and other assets.
"Retired business owners, executives and professionals face significant challenges and obstacles to enjoying the reward for a lifetime of labor and sacrifice," says J. Richard Coe, MBA, CFP®, CLU.
One hundred years ago, the average American died at 51 years old. Today, the average American retires at age 62 and could live to age 100.
Coe continues, "Imagine being 75 years old, in great health, full of life and afraid of running out of money. 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."
This new seminar educates and equips retirees against the little-known mistakes and costly missteps that can derail their plans in retirement. The fast-paced, 77-minute presentation explores the keys to an abundant retirement.
It also covers the 7 major retiree fears and concerns: living too long, running out of money, taxes, inflation, the deficit, health care costs, living without purpose and meaning, and not passing on family values; and the unknown dangers and pitfalls that stand in every retiree's path.
"Most retirees want to more fully enjoy retirement, yet they are uninformed about the many dangers and obstacles they face. For example, running afoul of IRS retirement account rules can cost a bundle," says Coe.
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 withdrawals and contributions that break the rules.
The seminar uses real-world examples to show attendees how to create substantial income tax deductions, avoid double taxation on retirement accounts, legally bypass capital gains taxes on stocks, bonds and real estate and reduce and possibly eliminate income taxes on your IRA and 401(k).
"There will be nothing to buy at this briefing, every attendee will receive a free action guide," says Coe. "Our goal is for everyone to leave fully understanding that they have more options than they knew were available. Plus, they will leave knowing exactly what to do next."
About Richard Coe, MBA, CFP®, CLU:
Richard Coe, MBA, CFP®, CLU is a nationally-recognized financial educator, author, speaker and retirement planner. Coe is the co-author of "Retire Abundantly" and the Founder and CEO of Coe Financial Services, Inc. at www.coefinancialservices.com.
He is the past President of the Financial Planning Association of Kansas, the Wichita Estate Planning Council and the Wichita Rotary Charitable Fund.
Richard has been married to Deb since 1982 and they have two married sons, David and Doug, and four grandchildren. He enjoys reading and traveling. Richard is a warm and passionate communicator with a "down-home" style who loves to share his financial wisdom and insights.
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SOURCE Coe Financial Services, Inc.