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``How I Helped Save `Retirement' For Over 135 Million Americans!''.


Business Editors

Lawyer Spills Guts!(TM) ... Identifies New Tax Law as Tax-Free

Retirement Solution Which Doubles the Nest-Egg

90.4 million Americans cannot afford to retire. The communal solution requires use of new tax laws for seniors, retirees, especially women, and help from real estate developers, builders, bankers, investors, insurers, government and CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  tax lawyers.

Many seniors simply don't have the knowledge or money to retire; others refuse to sell and move into military-style retirement or managed care nursing homes; and others cannot afford to sell their assets and pay the taxes required.

Some 35 million Americans over age 65 are trying to retire at this time (58% women widowed). 25 million Americans between the ages of 56-65 are about to retire. 75 million "boomers" are bulging to follow. Westlaw estimates "boomers" will inherit between $10.4-$136 trillion. The biggest wealth transfer in U.S. history has just begun.

Note:

a. Retirement: More than 67% cannot afford to retire.

b. Real Estate/Self-Employed Business or Franchise Owners: More

than 50% is lost due to taxes upon sale or transfer.

c. Investments: More than 75% is lost to taxes upon transfer or

withdrawal.

d. 90% have no long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders.
 insurance.

e. 1031-TIC will supplement/replace stocks, CDs, mutual funds and

REITs.

National speaker Richard Rydstrom (juris doctorate in law, bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 in accounting) has identified a life-saving solution in new laws New Laws: see Las Casas, Bartolomé de.  that may double the retirement nest-egg and solve the retirement problem for some 135 millions Americans. In his new book, "My Son The Lawyer(TM)," he identifies the most comprehensive list of solutions in today's retirement literature.

He has formulated a 1-2-3 solution for retirees, especially women inheriting rental real estate (IRAs, annuities, etc.) and family or franchise businesses, and opportunities for commercial and residential real estate developers, housing and nursing home builders, managed care and assisted living as·sist·ed living
n.
A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication.
 builders, landlords/managers, bankers, insurers, financial planners Financial Planner

A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals.
, CPAs and tax lawyers.

The solution includes estate and tax planning Tax planning

Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer.
 devices, augmented with new 1031 Tax Deferred TIC Private Placement laws. The construction industry should see a 15-20 year boom.

For more information, book publishers, seminars or TV/radio interviews: contact Joe Thomas Joe Thomas may refer to:
  • Joe Thomas (driver), American racecar driver
  • Joe Thomas (offensive tackle), football player for the Cleveland Browns
  • Joe (singer) (born 1973), U.S. R&B musician, record producer
  • Joe Thomas (supercentenarian) (1875–1986), U.S.
, Pro Council, phone 949/678-2218 or 877/946-4968, e-fax 419/781-0034 or www.landlordsclub.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Jun 27, 2002
Words:376
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