PITTSBURGH, Aug. 17, 2017 /PRNewswire/ -- Retired executives, professionals, and business owners are invited to a free, public briefing to discover the biggest obstacles to enjoying retirement and to find out how to minimize income taxes and estate taxes.
"Today's retirees face complex decisions, significant challenges and unknown obstacles to enjoying the reward for a lifetime of labor and sacrifice," said Peter Diulus, MBA, CLU, ChFC®. "We want to make sure that people near and in retirement are well educated to be able to make wise, well-informed decisions about their money, their family and their future. Some retirement decisions are irrevocable, so it's very important that retirees are knowledgeable about their options."
According to the Population Reference Bureau (PRB), 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 75 years old, in great health, full of life and 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," he said.
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," Diulus said.
The briefings are complimentary and are by invitation only.
Retirees can register by calling Holly at: 412-564-5526 or email: firstname.lastname@example.org.
Diulus further shared, "I believe that people who have worked hard for their money and saved for retirement deserve to enjoy greater confidence 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 and real-world examples. Everyone who attends say they really profit from the information and they have fun as well."
About PETER A. DIULUS, MBA, CLU, ChFC®:
PETER A. DIULUS, MBA, CLU, ChFC®, is a nationally recognized Financial Educator, Author, Speaker and Financial Planner. Diulus is the Co-Author of Retire Abundantly, which will be his third book, written to help retirees more fully enjoy their hard-earned wealth by understanding their obstacles and options. His multi-disciplinary training allows him to bring a more comprehensive approach to helping executives, professionals and business owners fully enjoy their wealth and leave a greater legacy.
He shares his leadership and financial experience with many organizations, including Autism Speaks; Diocese of Pittsburgh; The Institute for Entrepreneurial Excellence, University of Pittsburgh; Estate Planning Council of Pittsburgh; Planned Giving Council, among others.
Peter and his wife Carol, enjoy spending time with their two grown children, Dana and Jonathan, as well as exercising and reading.
Diulus offers securities and investment advisory services through Voya Financial Advisors, Inc. (member SIPC). DSF Wealth Management Group LLC is not a subsidiary of nor controlled by Voya Financial Advisors.
SOURCE Peter Diulus