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.
A new framework for understanding the tax efficiency of basis assets such as stocks and insurance products is needed which provides insight into 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 whether they are still in their working years or are already retired. This presentation introduces asset location among the four fundamental account types using a net return framework.
In "Optimizing For Long-Term Tax Efficiency in Client Portfolios" by Michael Finke, you will learn:
- How to build an investing strategy that funds a spending goal with the highest net return for a given level of risk;
- How to take advantage of asset location strategies to improve clients’ net investment returns;
- Tax-friendly asset liquidation strategies for clients with a variety of taxable and tax-sheltered accounts.
Check our WEEKLY REBROADCAST SCHEDULE where there is no need to take the online quiz to receive CE.
Your presenter is Michael Finke, PhD, Retirement Speaker on The Modern Approach to Retirement Income Planning and Science of Creating a Satisfying Retirement
Meet Michael Finke, PhD, Retirement Speaker on The Modern Approach to Retirement Income Planning and Science of Creating a Satisfying Retirement
Retirement planning experience
Michael Finke, PhD, is Professor of Wealth Management and the Frank M. Engle Distinguished Chair in Economic Security at The American College of Financial Services. He joined The College in June 2016, having served since 2006 as a professor and PhD coordinator in the Department of Personal Financial Planning at Texas Tech University. From 1999 through 2006, he served as the director of graduate studies at the University of Missouri.
Finke received a doctorate in consumer economics from The Ohio State University in 1998 and in finance from the University of Missouri in 2011, and his CFP® in 2006.
Retirement planning thought leadership and expertise
Finke is a nationally renowned researcher on the modern approach to retirement income planning and the science of creating a satisfying retirement. He was named to the 2012 Investment Advisor IA 25 list and the 2013 and 2014 Investment News Power 20. His research conducted with The American College professor, Wade Pfau, questioning the 4% rule was published in the Journal of Financial Planning and won the 2014 Montgomery-Warschauer award for the most influential article in the publication. He had previously won the award with Thomas Langdon in 2013. He was also selected to present his research on financial literacy and aging at the 2015 MIT Center for Finance and Policy Conference.
Invest in Your Retirement Expertise.
1 hr CFP®, CRC®, and other CE Credit Reporting
We are a CE Sponsor with the CFP Board of Standards and the professional development partner of the International Foundation for Retirement Education (InFRE).
We will report your CFP® and/or CRC® credit (no additional reporting fee). Please add your ID at checkout. You are responsible for reporting all other certification CE credit.
Over 50 courses are accepted for continuing education (CE) credit for those who have earned the Certified Financial Planner® (CFP®) certification, the International Foundation for Retirement Education’s (InFRE) Certified Retirement Counselor® (CRC®) certification, the College for Financial Planning’s Chartered Retirement Plan Consultant (CRPC) certification, the American College’s designations (ChFC, CLU, RICP), Retirement Management Analyst designation (RMA), ASPPA and other certification or designations.
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