Wrapping Up 2020 with Successful Tax Planning

2020 has been a challenging year and one that has brought many opportunities if you are open to looking for them. We want you to have the best planning experience possible and bring you this episode loaded with tax tips to make your 2020 wrap up better than you ever thought possible.Why doesn't inflation feel like the official 3%?Because inflation is the rate at which prices rise, while affordability is the level of prices you have to live with — and that level never resets. Retirees also buy a different basket than the CPI emphasizes: shelter costs, insurance, property taxes, healthcare, prescriptions, food, and fuel, several of which run far hotter than headline inflation. Oil compounds it, touching every leg of the delivery chain. A resilient retirement plan stress-tests income needs well above the Fed's target and fights back with pricing-power equities, reasonable bond yields, guaranteed lifetime income for core expenses, and tax mitigation that lets you keep more of every distribution.