The current low interest rate environment affords savvy financial planners certain tax planning strategies that leverage charitable giving. These strategies utilize charitable contribution limits, as a percentage of Adjusted Gross Income (AGI), to plan and mitigate taxes in the current year and up to the next five. This article explores the new 60% deduction introduced by Tax Cuts and Job Act (TCJA) of 2017.
Capital market projections play a critical role in the Liberated Wealth® management process. These projections are used in our financial planning, asset allocation, and portfolio construction processes. The goal of these projections is to maximize the portfolio’s expected return for the particular level of risk or minimize the portfolio’s risk in pursuit of the targeted rate of return. The quality of these inputs’ ties directly to the quality of our process outputs, and in striving to drive positive outcomes for our clients we ensure no detail is overlooked and that they are updated on a regular basis.
Sophisticated projections are critical to crafting a well-designed financial plan and capital market projections are one of many key inputs that play a vital role in doing that. At Centura Wealth Advisory, we pair forward looking capital market projections with the Monte Carlo Method to estimate: Probability of a client running out of money before their “end of plan” (i.e., death) Most likely “end of plan” value (e.g., wealth transfer, charitable giving purposes) Optimal asset allocation strategy for a given plan
Capital market return (and risk) projections are at the heart of wealth management. These projections are a critical input to financial planning and portfolio management applications where the opportunity cost of misestimation is material: project too high and one may get a false sense of security out of their retirement plan and/or portfolio estimates; project too low and one may not provide a realistic estimate of the future, thereby making naïve decisions with potentially harmful results (e.g., working too long, saving too much, taking too much portfolio risk, etc.).
20.4 million kids attended a college, university or trade school in 2017. Using simple math, that means approximately 40.8 million parents sent their babies off to school last year. There is so much to do and to remember!
Ladies, in today’s world we are exposed to all kinds of sound bites, headlines and political propaganda….. “the war on women,” “wage inequality,” and other such catch phrases designed to incite feelings of helplessness, fear, betrayal and injustice.
