New
Book Helps Retirees Avoid Outliving Their Money
New
book on retirement, “Is Your Retirement Heading in the Right Direction?”
written by Certified Senior Advisor Steve Casto offers financial
techniques to senior citizens for their retirement. The book gives
advice to readers on handling funds as well as step-by-step solutions
to income, taxes and other money issues.
Omaha,
NE (PRWEB via PR Web Direct) September 28, 2005 -- Certified Senior
Advisor Steve Casto has addressed retirees’ fear of outliving their
money with his new book, “Is Your Retirement Heading in the Right
Direction?” 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
one’s 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
system’s 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, “The 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,
I’ve 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.”
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, “Is Your Retirement Heading in the Right Direction?”
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, “Because 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 ‘wrong strategies’ are why
I wrote the book.”
About
the book:
“Is Your Retirement Heading in the Right Direction?” 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.
Contact:
Steve Casto
12020 Shamrock Plaza
Suite 200
Omaha, Nebraska 68154
Phone: 402-778-5044
Fax: 402-778-5150
