Five Wealth Destroyers & Retirement Tax Bombs That Could Cut Your Retirement Income in Half Revealed in a New Special Briefing from the Creators of Wealth with No Regrets

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How many retirees and future retirees could live well and as planned with a fifty percent cut in retirement income? Attendees of this special briefing will discover what they must do now to protect themselves, their family, their money and retirement futures from little-know tax traps not talked about by the TV "experts" that leave the retiree defenseless.

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Rich DeVos, Co-Founder of Amway, on Forbes-500 List, Owner NBA Orlando Magic says, "I highly recommend Barry Spencer's book. Too few wealth people ask the bigger questions."

Barry H Spencer and Scott Noble, two of the Southeast Region's top retirement and tax specialists surveyed recent retirees and future retirees about their retirement preparations and biggest concerns. Even after years in the financial and research business, what they discovered surprised even them.

They discovered an overwhelming number of retirees and soon-to-be retirees are on track for their retirement dreams to become a nightmare... worse of all they don't even know it. It was found that most follow the advice easily found from national financial newsletter writers and TV "experts" who pontificate on outdated strategies that no longer work.

Through simple analysis of current so-called retirement plans of those millionaire couples researched it was found they were not accessing retirement income turbo-chargers and retirement tax reduction opportunities available that could in most cases double their retirement income.

In every case their was a desire to live with greater security of increased retirement income however in many cases it was found a high probability of needing to take a fifty percent cut in retirement income.

It is no surprise that soon to be retired and the recently retired alike are concerned about having enough for their lifestyle right now and in the years ahead. The top concern was the very likely continued increase in taxes that will add financial burden to the hard-earned money set aside to live on in retirement.

In addition to rising taxes on income, capital gains, dividends and estate taxes there is concern about: personal health, future costs of healthcare, long-term care expenses, and the rising cost of living.

These uncertainties and concerns remain for even those who consider themselves prepared or very prepared for retirement and especially those who have recently retired. This was true even among those who believed they had done extensive financial and estate planning.

Planning for retirement is now the focus of the largest and most influential generation in U.S. history. With one American turning 60 every seven seconds that’s more than 12,500 people every day according to the U.S. Census the Baby Boomer generation in overwhelming numbers entering their retirement years.

By 2030, those 65-plus will double to about 71.5 million and by 2050 it will grow to 86.7 million people.

This means the largest retirement population the country has ever known is forming now. For retirees and those nearing retirement, it means more questions are being asked with fewer answers being found – compounding retirements’ uncertainties.

Millionaire retirees are experiencing even greater confusion because what once seemed so simple – their lifestyle, source of their paycheck, and creating certainty about the future is now more complex.

One financial "expert", nationally known speaker and author on having a properly prepared retirement admitted that his advise is grossly inadequate and missing answers to the critical questions that make retirement work now that he personally is preparing for his own retirement.

As this generation searches for answers, there is a growing recognition that answers are difficult to find amidst the mountains of information available… and few find adequate answers.

An even bigger problem for retirees looking for answers is that the answers are being masked by a financial industry that speaks in financial lingo that sounds like a foreign language.

“To access the strategies and tools that can create more money to spend in retirement, retirees’ need clear simple answers to their real-world questions in easy to understand language which allows them to have more control of their present reality and future possibilities”, says Barry Spencer, creator of The Wealth With No Regrets a Registered Trademarked Process.

Spencer goes on to say, “once there is confidence about the financial aspects of retirement lifestyle freedoms and dreams can be enjoyed and legacies can be created. But the secret to making this happen is less focus on the financial dimension of retirement and more focus on the personal and social dimensions of retirement.”

Adding to the complex picture of preparing for and entering retirement is the growing complexity and burden of the constantly changing tax law that now includes over 37 tax brackets. In addition the burden is growing for those with million dollar retirements. The top ten percent of income earners now bear 42% more of the federal income tax being paid which accounts for three quarters of the federal income tax paid.

Additionally, rising healthcare costs, and longer lifestyle needs have taken the fear of outliving their money in retirement to an all time high.

Spencer’s survey of retirees and future retirees revealed that financial and personal desire questions are going unanswered leading to incomplete planning answers which is adding fuel to the burning pile of uncertainties.

Traditional planning methods such as financial planning and estate planning are coming up short for most retirees leaving retirement asset owners wondering if they have done all they can to preserve and protect the hard-earned dollars they’ve set aside for retirement.

Current and future retirees’ who are frustrated with the lack of answers from the financial and estate planning industry in too large of numbers are settling for do-it-yourself planning but with disappointing results. Spencer does not recommend this approach, especially for those with million dollar plus retirement dollars.

In his book, "The Secret of Wealth With No Regrets", Spencer provides his unique and unfortunate experience with a traditional financial estate plan that didn't work out as his father hoped. It's a real-world perspective on the pitfalls and dangers of not accessing the strategies available to protect and preserve wealth for the future – for yourself, and your family.

Rick DeVos, billionaire businessman and owner of the NBA Orlando Magic says, “Too few wealthy people ask the bigger questions. As the co-founder of a family business who has taken these steps, I can highly recommend Barry Spencer’s book.”

Combining the personal wealth lessons described in Spencer's latest book to the research he and his business partner, Scott Noble, have conducted, plus their personal wealth experiences, and their work with millionaire retirees and future retirees they have designed a special briefing that reveals the best tax and retirement planning strategies available that can be used to potentially increase spendable money in retirement.

On Thursday, January 29th at two convenient times, at lunch or evening, Spencer and Noble are providing a free live in-person special briefing for those preparing for retirement and the recently retired. Attendees of this special briefing will learn the five little-known proven strategies to potentially increase the money they have to spend in retirement, how to access substantial income tax deductions, how to reduce and even eliminate income taxes on an IRA, and avoid the five wealth predators that steal away a freedom lifestyle for themselves and their family.

There are limited seats available for the January 29 special briefing at 11:30 a.m. to 1:00 p.m. or 5:00 p.m. to 6:30 p.m. The Marriott Hotel on Windward Parkway in Alpharetta, Georgia located at GA 400, Exit 11. To reserve one of the free, but limited seats available, visit http://www.SpecialBriefing.com. Interested inquires can also call to register at 678-278-9632 or email barry@specialbriefing.com

About: Barry H. Spencer is a nationally recognized Author, Financial Speaker, Planned Giving Consultant, Entrepreneur and Wealth Planning Strategist. You may have heard Spencer interviewed recently on radio, including WAFS biz1190 and 680 WCBM. His most recent top-rated books include, The Secret of Wealth With No Regrets, Giving Transforms You!, and The Serving Leader. He has written for Pro Sports Wives magazine and appeared in Worth, MoneyShow, CBS MoneyWatch, and interviewed by ABC TVs Secret Millionaire James Malinchak. He and his wife, Lori, and their two children live in Alpharetta, GA. On a personal note, Barry is passionate about retirement and wealth planning because of his fathers charge to take care of his wealth and mother which became a daunting task when his fathers wealth and estate plan failed, which led to financial and personal regrets.

About: Scott M. Noble, CPA/PFS, is a Dave Ramsey Certified Financial Coach, nationally recognized Speaker, Continuing Education Instructor, and Retirement Planning Strategist who also educates his peers in the financial industry. He gives presentations to companies, nonprofits, and churches on shoring up money in the short-term for the bigger payoff in the long-term. He and his wife, Denise, and their three daughters live in Alpharetta, GA. On a personal note, Scott is passionate about retirement and wealth planning because of his personal experience of achieving a financial windfall which he then received incomplete advice on preserving and protecting it thereby losing most of the wealth he had created.

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