#high-net-worth-individuals

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#retirement-planning
from24/7 Wall St.
3 months ago
Business

We're in our 60s with $9 million in liquid assets but worried about upcoming large tax liabilities

High-net-worth individuals should manage retirement funds early to mitigate RMD tax implications.
Regularly update tax-saving strategies in response to IRS rule changes.
Some individuals prefer to continue working even after achieving financial independence.
from24/7 Wall St.
3 days ago
Retirement

I'm 45 with $7 million liquid - should I prioritize more Roth contributions in my 401(k), or just stuff it with pre-tax?

Choosing between a Roth and traditional 401(k) depends on tax and retirement income expectations.
from24/7 Wall St.
3 months ago
Business

We're in our 60s with $9 million in liquid assets but worried about upcoming large tax liabilities

High-net-worth individuals should manage retirement funds early to mitigate RMD tax implications.
Regularly update tax-saving strategies in response to IRS rule changes.
Some individuals prefer to continue working even after achieving financial independence.
from24/7 Wall St.
3 days ago
Retirement

I'm 45 with $7 million liquid - should I prioritize more Roth contributions in my 401(k), or just stuff it with pre-tax?

Choosing between a Roth and traditional 401(k) depends on tax and retirement income expectations.
more#retirement-planning
#wealth-management
fromBusiness Insider
5 days ago
UK news

A top Goldman Sachs banker is moving from London to Milan as the City struggles to maintain its stature

High-profile departures like Goldman Sachs' Gnodde indicate growing concern over the UK’s economic stability and the impact of new tax policies.
fromBusiness Insider
8 months ago
Privacy professionals

How the rich have their cake and eat it too by using trusts to give to charity, collect cash, and save on taxes at the same time

Rich Americans can leverage charitable remainder trusts for lifetime income and tax benefits.
fromThe New Yorker
1 month ago
Miami Marlins

The Six-Figure Nannies and Housekeepers of Palm Beach

The rise of ultra-high-net-worth individuals has heightened the need for experienced and discreet household staff.
from24/7 Wall St.
6 months ago
Miscellaneous

My friend has $20 million in assets and has no clue how to get organized - what steps should he take?

High-net-worth individuals often require third-party managers to keep track of complex financial portfolios, especially as their net worth increases.
UK news
fromBusiness Insider
5 days ago

A top Goldman Sachs banker is moving from London to Milan as the City struggles to maintain its stature

High-profile departures like Goldman Sachs' Gnodde indicate growing concern over the UK’s economic stability and the impact of new tax policies.
fromBusiness Insider
8 months ago
Privacy professionals

How the rich have their cake and eat it too by using trusts to give to charity, collect cash, and save on taxes at the same time

Rich Americans can leverage charitable remainder trusts for lifetime income and tax benefits.
fromThe New Yorker
1 month ago
Miami Marlins

The Six-Figure Nannies and Housekeepers of Palm Beach

The rise of ultra-high-net-worth individuals has heightened the need for experienced and discreet household staff.
from24/7 Wall St.
6 months ago
Miscellaneous

My friend has $20 million in assets and has no clue how to get organized - what steps should he take?

High-net-worth individuals often require third-party managers to keep track of complex financial portfolios, especially as their net worth increases.
more#wealth-management
fromLondon Business News | Londonlovesbusiness.com
1 week ago
US politics

High net worth individuals view geopolitical risks as a direct threat to their wealth - London Business News | Londonlovesbusiness.com

High net worth individuals are increasingly concerned about global trade issues and geopolitical instability, especially with Trump's presidency.
#uk-economy
fromLondon Business News | Londonlovesbusiness.com
3 months ago
Miscellaneous

Chancellor has added fuel to the fire of 'disappointment' over Labour's non-dom changes - London Business News | Londonlovesbusiness.com

Labour's non-domicile tax policy changes are failing to reassure wealthy investors, raising further concerns about the UK's attractiveness to foreign nationals.
fromLondon Business News | Londonlovesbusiness.com
3 months ago
Miscellaneous

Chancellor has added fuel to the fire of 'disappointment' over Labour's non-dom changes - London Business News | Londonlovesbusiness.com

Labour's non-domicile tax policy changes are failing to reassure wealthy investors, raising further concerns about the UK's attractiveness to foreign nationals.
more#uk-economy
fromBusiness Matters
1 month ago
UK news

How to Obtain Malta Citizenship after Residence Permit?

Malta offers citizenship by naturalisation through exceptional investment and provides various benefits, including visa-free travel and EU residency rights.
fromLondon Business News | Londonlovesbusiness.com
2 months ago
Miscellaneous

UK's wealth exodus to continue as token tax tweak falls flat - London Business News | Londonlovesbusiness.com

The UK government's adjustment to non-dom taxation is a superficial fix that fails to address broader issues driving wealthy individuals away.
Miscellaneous
fromwww.theguardian.com
3 months ago

What's the point of Davos when even the rich are fed up with the super-rich? | Zoe Williams

Rachel Reeves' relaxed view on wealth creation starkly contrasts the growing concern over extreme wealth and its threat to democracy.
#luxury-real-estate
NYC real estate
fromRobb Report
7 months ago

This $9.7 Million Home Is Tucked Into a Members-Only Enclave in New York's Hudson Valley

Discovery Land Company specializes in luxury private communities that cater to affluent individuals, offering exclusive amenities and scenic locations.
fromBusiness Insider
6 months ago
Miscellaneous

I spent 2 hours in a Jackson Hole vacation home that costs over $10 million. Check out the ultra-luxury details.

Wealthy buyers co-own luxury vacation homes for a fraction of the cost, enjoying high-end amenities for six weeks a year.
NYC real estate
fromRobb Report
7 months ago

This $9.7 Million Home Is Tucked Into a Members-Only Enclave in New York's Hudson Valley

Discovery Land Company specializes in luxury private communities that cater to affluent individuals, offering exclusive amenities and scenic locations.
fromBusiness Insider
6 months ago
Miscellaneous

I spent 2 hours in a Jackson Hole vacation home that costs over $10 million. Check out the ultra-luxury details.

Wealthy buyers co-own luxury vacation homes for a fraction of the cost, enjoying high-end amenities for six weeks a year.
more#luxury-real-estate
#real-estate
from24/7 Wall St.
5 months ago
Business

I am looking to buy a $4 million house and have enough cash to buy it - should I use the cash or get a loan?

Financing a home purchase involves optimizing financial strategies, especially for high-net-worth individuals.
Investing cash in equities can yield higher returns than the costs saved by paying for a home in cash.
fromBusiness Insider
6 months ago
Miscellaneous

Step inside Jackson Hole, Wyoming, where the ultra-rich live and vacation

Jackson Hole's real estate market attracts wealthy boomers and DINKs due to its luxury, limited building space, and favorable tax benefits.
from24/7 Wall St.
5 months ago
Business

I am looking to buy a $4 million house and have enough cash to buy it - should I use the cash or get a loan?

Financing a home purchase involves optimizing financial strategies, especially for high-net-worth individuals.
Investing cash in equities can yield higher returns than the costs saved by paying for a home in cash.
fromBusiness Insider
6 months ago
Miscellaneous

Step inside Jackson Hole, Wyoming, where the ultra-rich live and vacation

Jackson Hole's real estate market attracts wealthy boomers and DINKs due to its luxury, limited building space, and favorable tax benefits.
more#real-estate
fromTravel + Leisure
5 months ago
Miscellaneous

You Can Legally 'Buy' a Second Passport From These Countries - What to Know

Citizenship by investment (CBI) enables individuals to acquire second citizenship through significant financial investments, offering benefits like mobility and better opportunities.
fromBusiness Insider
7 months ago
Startup companies

I manage a private yacht marina in Singapore. Here are 3 ways I build trust with wealthy clients.

Face-to-face communication is essential for resolving issues and building rapport with members.
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