A Risk Adverse Retirement Income-For-Life Approach

Guiding Tax-Free Retirement Specialists as CEO and president, Jack Hradesky provides marketing and education solutions focused on risk-free earnings growth. Interviewed on Business Innovators Radio, Jack Hradesky spoke of his role in implementing the strategies employed by the wealthy and powerful to help everyday clients achieve significant tax savings. 

While a majority of brokers focus on accumulation of assets, this can often lead to higher-than-necessary risk - as well as fees - when trying to attain retirement goals. In many cases, tax implications are left out of the planning equation altogether. 

Mr. Hradesky’s approach involves creating a plan that from the outset assures that essential living needs, including medical care, food, a home, and transportation, are satisfied. Once guaranteed income for life covering both spouses has been set aside, those assets that can be comfortably risked as investments are utilized to grow the portfolio.

Inflation risk and tax burdens are mitigated through getting rid of IRAs, replacing them with specially designed life insurance vehicles that present what are called “advanced short strategies.”

History and Overview of Alpha Pi Mu

Jack Hradesky, the CEO and president of Tax-Free Retirement Specialists and a former operations professional, attended the University of Pittsburgh for his undergraduate degree. Jack Hradesky graduated from the school's industrial engineering program in 1960, and was president of the school's chapter of Alpha Pi Mu, an industrial engineering honor fraternity.

Created in 1949 by James T. French, Alpha Pi Mu has always sought to provide common ground for young engineers, enabling them to further their careers through idea exchanges, networking, and professional development opportunities. Its initial membership consisted of nine men from Tau Beta Pi's Georgia Tech Chapter. By 1959, it had gained full membership in the Association of College Honor Societies, and thanks to this affiliation, is the only nationally accepted industrial engineering honor society.

Today, Alpha Pi Mu oversees 68 active chapters, ensuring almost every major university with an industrial engineering program can recognize and support its best and brightest students. It has more than 38,000 members, and admits several hundred new members each year.

To join, students must be third or fourth-year students according to the standards of their universities, and be in the top 20 percent of their class. Graduate students in good and regular standing can also join Alpha Pi Mu.