Omaha, NE (PRWEB) September 28, 2005
Certified Senior Advisor Steve Casto has addressed retireesÂ fear of outliving their money with his new book, ÂIs Your Retirement Heading in the Right Direction?Â The just released book illustrates a proven technique for eliminating this fear felt by the majority of senior citizens. If they run out of money, they fear losing their independence and becoming dependent upon their children.
Yet many do not know how to determine if their funds will carry them through old age and chronic illness before ultimate death. The fact is that nobody can be certain of how long they will live. Author Steve Casto illustrates in his book a proven technique for handling oneÂs funds prudently enough to overcome this hurdle.
The book delves into the Compass System, a personally designed program that helps individual seniors secure their financial future. The systemÂs proven formula factors inflation into the mix, and results in a financial blueprint for security that seniors cannot outlive. Substantial tax benefits can be perks of the Compass System if handled properly. Planning required minimum distributions (RMDs) on IRAs is part of the plan that avoids financial depletion in old age.
Author Casto said, ÂThe reason I wrote this book is because I got tired of seniors using the wrong strategies thus putting too much stress on themselves as their funds dwindled. As a senior advisor, IÂve seen too many cases of seniors making wrong decisions, following bogus advice or leaning too heavily on unqualified people to map out their financial future. I wrote this book to help them prevent those costly mistakes.Â
Steve Casto has authored many articles in New Horizon, a local senior publication. He has outlined winning strategies for seniors to help them overcome financial burdens and initiate wise financial decisions. His successful problem solving for seniors led him to write the book, ÂIs Your Retirement Heading in the Right Direction?Â
The book shows seniors step-by-step solutions to three major trouble spots: how to increase their income, reduce their taxes and never outlive their money. Other important topics covered are how to find a trusted advisor instead of working with salesmen and how to avoid making the IRS (Internal Revenue Service) the big beneficiary of their IRAs (Individual Retirement Accounts.)
Casto said, ÂBecause we are living so much longer and inflation is a huge problem, we can no longer just be conservative. A financial analysis called the Trinity Study shows how using the wrong strategies can cause us to outlive our money. These Âwrong strategiesÂ are why I wrote the book.Â
About the book:
ÂIs Your Retirement Heading in the Right Direction?Â is available at Borders.com, Barnesandnoble.com, Amazon.com and Walden books for a list price of $19.95.
ISBN # 0-9765718-3-8
Publisher: Strategic Wealth Solutions
Part of the proceeds of the sale of the book will go to the American Cancer Society.
About Steve Casto:
Steve Casto is a Certified Senior Advisor. He specializes in working with seniors on their financial retirement issues. His writings can be found in New Horizons, a publication for the senior community of Omaha, Nebraska. He was given an A+ in Ethics by the National Verification Agency in Washington D.C. He has already been scheduled for a book signing at Barnes & Noble in November.
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