Is expecting 8% returns on investments wishful thinking? A new survey from Legg Mason reveals just how unrealistic investor expectations may be. The latest numbers on the economy from the Conference Board are in, with an assessment of our current recession risk. Jill Mislinski analyses the numbers for Advisor Perspectives. Many investors think estate planning is for those with large estates, but they may be missing out on ways to preserve more of their worth for their heirs. The AICPA suggests three ways you can pass on more of your lifetime gains to the next generation.
Stop Fooling Yourself About 8% Easy Returns– There’s an amazing amount of denial going on right now. Investors are simply ignoring current market dynamics and are still expecting average annual returns of 8.6 percent, according to a Legg Mason Inc. survey of income investors released this week. Those who were employed expected more than 9 percent gains, with retirees expecting less. Actual returns have come in markedly lower of late, but hopes remain high. Read more…
Conference Board Leading Economic Index: Continued Growth In May– The latest Conference Board Leading Economic Index (LEI) for May increased to 127.0 and is currently at an all-time high. “The U.S. LEI continued on its upward trend in May, suggesting the economy is likely to remain on, or perhaps even moderately above, its long-term trend of about 2 percent growth for the remainder of the year,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. Read more…
3 Trust Ideas For Reducing Estate Taxes– Because of the high limit on unified credit, many people believe that estate planning isn’t for them. The truth, however, is much more complicated. Trusts are an effective way to protect assets from tax, creditors and other forces seeking to take a piece of what your clients have built over their lifetimes. Here are three worth considering carefully. Read more…
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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller
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