Published by WealthManagement.com on April 11, 2024 [View]

Retirees can greatly benefit when advisors provide tax-managed retirement income distributions

Our new whitepaper quantifies an advisor’s gamma from optimal retirement income distribution strategies. The following are the main insights in the paper:

1. Shifting from tax-minimized portfolio management, suitable for working clients, to optimal tax-targeted distributions during retirement is crucial.

2. Wealth Management technology platforms need to adapt to enable household level tax-targeting for retirement distributions. The whitepaper identifies five key evolutionary capabilities in this regard.

3. An advisor’s gamma is defined as an additional investment return that needs to be generated to provide an outcome similar to an optimal retirement income strategy – paper demonstrates gamma of as much as 275 basis points.