Whether it's blended families or blending charitable remainder trusts and Roth IRAs, it's all about discovering the client's unique mix of circumstances and objectives.
Retirement planning at its heart is about ensuring that retirement income and wealth last a lifetime - or two lifetimes in the case of a married couple.
Estate planning is about insuring that income and wealth last across two or more generations - and often it’s also about being philanthropic and giving back to those in need.
In practice however, the issues of retirement and estate planning overlap considerably.
Tax mitigation, managing portfolio risk, and sequencing income streams effectively and tax efficiently are all part of both retirement planning and estate planning.
The planning needs to be integrated.
Whether it’s blended families or blending charitable remainder trusts and Roth IRAs, it’s all about discovering the client’s unique mix of circumstances and objectives. And then building a customized "Team of Experts" to integrate retirement and estate planning.