Tax Planning Results

Each year, we do long-range tax planning with our clients. The results below are from the 2024 tax planning sessions.

The average Yearly Tax savings for clients participating in 2024 was $10,808

The average projected yearly tax savings for clients participating in long-range tax planning in 2024 was $10,808. Tax savings opportunities depend on various factors, such as the tax allocation of investment assets, planning horizon, age, marginal tax rate, and other considerations.

average Projected tax savings over clients lifetime

For clients who participated in long-range tax planning in 2024, the average projected tax savings over the client’s lifetimes was $376,475. Tax savings opportunities depend on various factors, such as the tax allocation of investment assets, planning horizon, age, marginal tax rate, and other considerations.

projected increase in after-tax wealth

For clients participating in long-range tax planning in 2024, their average projected increase in after-tax wealth was $604,436. Tax savings opportunities depend on various factors, such as the tax allocation of investment assets, planning horizon, age, marginal tax rate, and other considerations.

Start with a Retirement Assessment

If you are not ready for a long-term financial planning relationship, North Haven offers a Retirement Assessment service. This service can be completed in a few weeks and helps you decide if ongoing retirement planning is right for you. It answers common questions about your retirement readiness and provides a retirement roadmap for you. We will have two meetings. At the first, we will gather information and discuss your needs. We then analyze your situation and prepare your assessment with specific recommendations. In meeting two, we will explain the recommendations. You will also have 30-day access to our financial planning portal to make changes and test different assumptions.

The fee for the Retirement Assessment is $3000.