SPRINGFIELD, Ill., Aug. 20, 2019 /PRNewswire/ -- "Building
wealth is a difficult task today. There are twelve major obstacles
that retired business owners, high-income executives and
professionals must overcome to enjoy a freedom lifestyle and
preserve, protect and pass on their hard-earned wealth,"
said Chris Fehr, CPA, Founder and CEO of Freedom Financial
Group, LLC.
Retire Abundantly, a new book co-authored with
Chris Fehr, CPA, offers business
owners, high-income executives and professionals, wisdom, advice
and principles on how to reduce income taxes and estate taxes
to create a greater lifestyle and legacy. The new book
educates and equips successful individuals and families against the
little-known mistakes and costly missteps that can derail their
lifestyle in retirement.
The complexity and intersection between income taxes,
investments, asset protection and estate taxes necessitate a
multi-disciplinary approach that favors the skillset of a wealth
advisor trained as a Certified Public Accountant. The American
Institute of Certified Public Accountants estimates that only one
in four of their members offers some form of financial planning
services.
Fehr shares, "As a result of widely-held myths about money and
taxes, many are making some costly mistakes and are not even aware
of it. It is my professional responsibility to provide leadership
and guidance in helping successful business owners and
professionals cut through all the misleading, conflicting
information and confusion that's out there. With greater clarity,
they can make wise decisions leading to a life of greater success,
meaning and significance."
Running afoul of IRS retirement account rules can cost a bundle,
according to Fehr. 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." The IRS levied over half a billion dollars in fines in
just a two-year period for missed retirement plan withdrawals and
contributions that break the rules.
The easy-to-read book is not laden with technical jargon but is
filled with real world wisdom on wealth preservation and
protection. It begins by exposing how and why the wealth and
retirement planning industry has left many adrift, along with the
myths that many have been led to believe. It also details the three
major retirement mistakes that many are making.
The book details the twelve biggest wealth obstacles that hinder
those who have successfully accumulated wealth from preserving,
protecting and passing on that wealth to future generations and
causes they care about deeply. The book concludes by outlining the
solutions, including an enlightening case study that illustrates
the concepts detailed in the book. The book also includes a set of
real-life stories of wealth failure and success, along with how to
take the next step in your lifestyle and wealth planning.
"I have no memory of my mom. Six months after I was born, she
died from toxemia poisoning as a result of my birth. Her sudden
death thrusted my dad, Juan, into single parenthood and a financial
struggle. Life's uncertainties are just that... uncertain. Without
proper planning, the uncertainties can derail peoples' lives.
That's my mission and why I'm passionate about what I do. I help
retired business owners, high-income executives and professionals
enjoy an abundant retirement by having their wealth protected
against life's uncertainties and leave a lasting legacy to those
they care about most," said Fehr. "This book is part of my
mission."
About CHRIS FEHR, CPA
Chris Fehr, CPA is a
nationally recognized Financial Educator, Best-Selling Author,
Speaker, Tax Reduction Specialist and Wealth Planner,
whom you may have seen on NBC, ABC, CBS, and FOX network
affiliates. Chris is the Co-Author of Retire Abundantly and
has spoken at institutions across the U.S., including Harvard
Business Club and NASDAQ. As the Founder and CEO of Freedom
Financial Group, LLC, at www.SoarWithFFG.com and a
Certified Public Accountant, he has been helping successful
business owners, high-income executives and professionals reduce
taxes to preserve, protect and pass on more wealth since 1994.
Chris enjoys playing golf, scuba diving, cooking and making
memories with his two beautiful adult daughters, Jackie and
Rachel.
Media Contact:
Chris
Fehr
www.SoarWithFFG.com
(217)
718-5137
220218@email4pr.com
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SOURCE Freedom Financial Group, LLC