Most Clicked Financial Planning Digest Stories


1. Demystify Medicare for your clients

Financial Planning Digest | Apr 20, 2015

It can be difficult for clients to fully understand Medicare, so CPA financial planners need to do their part to educate them, writes James Sullivan, CPA/PFS. In particular, clients need help to grasp the differences between Traditional Medicare and Medicare Advantage so they can make the proper choice during enrollment. Download a free excerpt from The CPA's Guide to Financing Retirement Healthcare, written by Sullivan, at aicpa.org/pfp/retirement. AICPA Insights (04/20)


2. Helping your clients glide in for a smooth retirement

Financial Planning Digest | Apr 23, 2015

The assumptions you make in your modeling will determine whether a rising or declining glide path will appear to be optimal for your clients, writes David Blanchett. Your conclusion will be heavily influenced by whether you base your model on expected or historical returns. Blanchett's analysis suggests that rising glide paths tend to perform best in higher-return markets, whereas decreasing glide paths are preferable when returns -- particularly bond yields -- are lower. Advisers should also take clients' risk tolerance into account when planning glide paths. Advisor Perspectives (04/21)


3. How to help clients plan for health care costs

Financial Planning Digest | Apr 20, 2015

Most American pre-retirees are "terrified" of how health care expenses will affect their retirement plans, and advisers are missing opportunities to help them plan for these expenses, according to a paper by HealthView Services. Advisers should help clients predict health care costs, determine when to enroll in Medicare and consider options such as life insurance, annuities and health savings accounts. ThinkAdvisor (04/16)


4. Reverse mortgages and annuities: A retirement planning guide

Financial Planning Digest | Apr 20, 2015

Annuities have received far more attention as a vehicle for longevity protection than reverse mortgages, but both have potential benefits for clients. Before deciding which products are right for your client, you'll want to answer questions related to your client's income, estate plans and income needs. Advisor Perspectives (04/14)


5. Following the 4% rule? Think again

Financial Planning Digest | Apr 20, 2015

ThinkAdvisor (04/16)


6. Survey: Many retirees would have preferred to quit earlier

Financial Planning Digest | Apr 20, 2015

ThinkAdvisor (04/15)


7. Be wary of these tricky estate planning traps

Financial Planning Digest | Apr 23, 2015

Financial-Planning.com (04/21)


8. Beware tax implications of trust decanting

Financial Planning Digest | Apr 20, 2015

The tax implications of trust decanting, in which an old trust's assets are transferred to a different one with better terms, are still not clear, writes Bob Keebler, CPA/PFS. He reviews some tax questions about decanting and recommends that advisers be cautious about using this tactic or plan for the worst-case scenario. Register for a webcast with Keebler on the income, gift, estate and GSTT aspects of decanting, from 1-2:45 p.m. ET May 12 (PFP/PFS members, see your weekly PFP News for a link to register for free without CPE). Ultimate Estate Planner newsletter, The (04/2015)


9. How much should you spend on staffing?

Financial Planning Digest | Apr 20, 2015

Staffing and compensation expenses eat up more than half of the average firm's revenue, data show. This article demonstrates how staffing expenses vary as a percentage of revenue as firms grow from $100,000 in revenue to $15 million or more. InvestmentNews (free registration) (04/16)


10. How to remember your passwords

Financial Planning Digest | Apr 23, 2015

Journal of Accountancy print issue (April/May 2015)




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Designed specifically for CPA personal financial planners and others interested in financial planning, Financial Planning Digest is a FREE monthly e-mail newsletter from the AICPA. It provides the most important and timely news stories to support personal financial planners. Learn more