Description
Advisors who understand the mathematics of tax efficient retirement investing can build wealth more efficiently and increase retiree income by more than 10% through smart distribution strategies. This presentation provides an introduction to asset location among the four fundamental account types using a net return framework. A net return approach is used to demonstrate the tax efficiency of basis assets such as stocks and insurance products that provides surprising insight into the long-term benefits of life insurance and annuities. Optimal distribution strategies are discussed including which assets to sell first in retirement to fund income. By paying attention to marginal tax rates during accumulation and distribution, and the unique characteristics of taxation among account types, advisors can provide true alpha to high income clients.
Learning Objectives
Through this course, participants will:
• Compare conventional portfolio risk mitigation approaches with current approaches to protect clients during retirement.
• Understand the needs of both financial advisors and clients in various phases of retirement investment planning and review of challenges with conventional de-risking approaches.
• Learn about planning strategies to avoid tax issues in retirement.
• Consider implementing asset location using an insured solution to mitigate key risk factors.