Recent news and analysis on Wealth Management

Wealth management news covering private banking, family offices, financial advisors, high-net-worth services, and asset allocation trends.

• "Parents Aren't Waiting to Pass Down Wealth"

  This commentary argues that parents are increasingly transferring wealth to their children earlier, rather than waiting until death. It suggests this trend reflects changing attitudes toward inheritance and financial planning, with families prioritizing immediate support over traditional estate planning.

• "Can Naresh and Whitney, both 51, retire in five years and leave no money behind?"

  This commentary analyzes a couple's retirement planning, arguing that with strategic savings and drawdown, they can retire in five years and deplete assets by end of life. It suggests prioritizing TFSA contributions and managing pension income, offering a case study for Canadians with overseas pensions.

• "'This would be a one-time event': How can I take extra money from my 401(k) without triggering higher Medicare premiums?"

  This commentary addresses a reader's question about managing 401(k) withdrawals to avoid higher Medicare premiums. It explains the Medicare income-related monthly adjustment amounts (IRMAA) and the two-year look-back period, suggesting strategies for one-time large withdrawals without triggering premium increases.