ELIZABETHTOWN, Pa., Aug. 18, 2017 /PRNewswire/ -- Retirees will gain financial wisdom and discover principles on how to reduce income taxes and estate taxes to create a greater lifestyle and legacy in Retire Abundantly, a new book co-authored by William "Bill" M. Webb, Jr.
"Many people who have worked hard to save money for retirement are unknowingly making some costly mistakes. Sadly, they don't know where to turn to get sound advice. The media is selling fear and greed to get viewers and offering little financial wisdom. It's part of my mission to educate hard-working people about their options," says Webb, CEO of Retirement Planning Services Inc. in Elizabethtown, Pennsylvania.
Americans over age 65, now numbering more than 44 million, are facing stiff challenges to retire and stay retired. The book educates and equips retirees against the little-known mistakes and costly missteps that can derail their lifestyle in retirement.
"Having peace of mind and confidence are critical to enjoying retirement. AARP reported that 2 out of 3 older Americans fear running out of money more than dying. Imagine being in great health, full of life, and running out of money. The fear of running out of money is not unfounded. I believe that people who have worked and saved deserve to retire with certainty that they will have enough. That's what we do for retirees, whether executives, professionals, business owners or others," Webb adds.
Besides taxes, running afoul of IRS retirement account rules can cost retirees a bundle. According to Forbes, "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."
Webb adds that the book is "easy to read and is not laden with technical jargon."
The book begins by exposing how and why the retirement planning industry has left some retirees adrift, along the myths that many have been led to believe. It also details the three major retirement mistakes that many are making.
A very helpful section follows detailing twelve of the biggest retirement obstacles.
The book concludes outlining the solutions, including an enlightening case study that illustrates the concepts detailed in the book. Another interesting and informative feature of the book are a set of real life stories of failure and success sprinkled throughout.
The book ends by showing readers how to take the next step in their own retirement lifestyle and wealth planning.
"This book is my way of educating more people on their options, so they can more fully enjoy their retirement and pass on a greater legacy to their family," says Webb.
About William M. Webb, Jr.:
William "Bill" M. Webb, Jr. is a recognized Financial Educator, Author and Retirement Planner. Webb is the co-author of Retire Abundantly: The Proven Principles To Create A More Worry Free Retirement With Less Stress!, a book written to show retirees how to have greater peace of mind and freedom in retirement. As the Founder and CEO of Retirement Planning Services, Inc, Bill and his team help executives, professionals, business owners and others create predictable lifetime incomes so that their clients can enjoy peace of mind and freedom throughout their retirement years.
SOURCE Retirement Planning Services