$3M+ Retirement: Long-Term Care, Early Inheritances & The "3 C's" Strategy
About this episode
Scott and Pat discuss the complexities of a $3M+ retirement, focusing on long-term care, early inheritances, and tax efficiency strategies.
Are you prepared for the complexities of a high-value retirement? In this episode of Allworth’s Money Matters, Scott and Pat break down real-world case studies for a $3M+ retirement, specifically focusing on the math behind long-term care, the tax implications of early inheritances, and a powerful framework for tax efficiency known as the "3 C's." In this episode, Scott and Pat discuss: The Long-Term Care Dilemma: They analyze a $3.7M case study where the caller is retiring abroad. Does she actually need long-term care insurance, or can she "self-insure"? Scott and Pat explain the "elimination period" strategy that could save thousands in premiums. Managing Early Inheritances: Using a $3.3M case study, Scott and Pat explore the pros and cons of buying a home for your children. They discuss how to manage early inheritances without creating family "real estate wars" or triggering unnecessary IRA taxes. The "3 C's" Strategy: Allworth partner advisor Ben Abraham joins the show to reveal a strategy for maximizing tax efficiency by balancing stock concentration and charitable giving to fuel massive Roth Conversions. Join Money Matters: Get your most pressing financial questions…
More episodes of Money Matters by Allworth Financial
- When Can You Retire? Making the Most of Your Savings
- Early Retirement: Mega Backdoor Roths, Direct Indexing & Private Equity
- Protecting Wealth: Taxes, Concentrated Stock and Risk
- AI Investing Insights & Strategies for RSUs and Roth Conversions
- Case Studies: Protecting Your Legacy from IRA and Insurance Traps
- Multi-Million Dollar Retirement: Roth Conversions & Estate Planning
Explore listener stats, chart rankings, contacts and more on the Money Matters by Allworth Financial podcast page.