High-net-worth retirees often reach a point where DIY tax software like TurboTax no longer offers the peace of mind their $2M–$8M portfolio requires. In this episode we pull back the curtain on the referral conversation we have with clients and prospects. We discuss the increasing prices of tax preparer professionals and the shift that many retirees make from saving money to buying freedom, and why your tax preparer and financial planner must be on the same page to avoid tax inefficiencies. Resources: Year-End Tax Planning Checklist for HNW Retirees Timestamps: (00:00) – Intro(01:20) – Mindset Shift(06:45) – The Cost of Tax Prep(11:01) – Spectrum of Price(15:55) – What does more expensive tax prep get me?(18:00) – Expectations are Key(24:12) – Conclusions Disclosures Direct Link: www.retirementtaxmatters.com/disclosures
High-net-worth retirees often reach a point where DIY tax software like TurboTax no longer offers the peace of mind their $2M–$8M portfolio requires. In this episode we pull back the curtain on the referral conversation we have with clients and prospects.
We discuss the increasing prices of tax preparer professionals and the shift that many retirees make from saving money to buying freedom, and why your tax preparer and financial planner must be on the same page to avoid tax inefficiencies.
Resources:
Year-End Tax Planning Checklist for HNW Retirees
Timestamps:
(00:00) – Intro
(01:20) – Mindset Shift
(06:45) – The Cost of Tax Prep
(11:01) – Spectrum of Price
(15:55) – What does more expensive tax prep get me?
(18:00) – Expectations are Key
(24:12) – Conclusions
Disclosures Direct Link:
An educational podcast from financial advisors Garrett Crawford, CFP® and Adam Reed, dedicated to helping retirees between $2M-$8M with tax-return driven financial planning. At this level of wealth an integrated strategy for your tax return, investments, and long-term goals is critical. We explore advanced topics like Roth conversions, RMDs, and charitable giving to help you ensure your family remains your biggest beneficiary.