This article demonstrates why the conventional wisdom of “stocks in taxable, bonds in tax advantaged” is not reliable.
How should clients use tax-advantaged accounts? By quantifying the tax benefits of those accounts, we can refine recommendations on asset location and the traditional-versus-Roth decision.
With fixed income yields stubbornly low, should clients prepay their mortgage instead of investing in bonds? I argue this question is based on a false equivalence.
Single-premium immediate annuities (SPIAs) can deliver superior retirement outcomes by reducing sequence-of-return and inflation risks if a portion of the monthly payments are systematically invested in equities.
The sharp decline in interest rates this year has created the opportunity to realize tax savings on appreciated fixed income positions even when clients are in a high tax bracket.