I Saved A Client $1 MILLION In Taxes...Here's How I Did It

Learn more about our services: https://www.parallelwealth.com/planning

A few weeks ago we created a financial and retirement plan for one of our clients, but we also found out that their bank had created one for them as well. We realized that with our plan, our clients were going to save $1 Million dollars in taxes PLUS their nominal income through 86 increased by $700,000. In this video, you'll get a good idea of how our financial planning software works...obviously not too many of you will have the amount of assets that are presented in the video, but our planning works for everyone.

If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at https://www.parallelwealth.com/planning or email [email protected]

OUTLINE:
0:00 - Introduction
1:27 - The Bank's Plan
3:08 - Asset Breakdown
4:27 - Bank's Strategy
8:04 - Bank vs. Parallel Wealth Comparison
13:01 - Parallel Wealth Plan
21:02 - Effective Tax Rates
22:31 - Comparison Summary
25:02 - Create A Cohesive Plan
27:00 - Need A Plan?

6 ways to level up your financial plan:
Personal Finance for Canadians for Dummies: https://amzn.to/308jzic
Free Credit Report with Borrowell: https://borrowell.com/free-credit-sco...
Open an EQ Bank Account: https://join.eqbank.ca?code=ADAM8851
Financial Calculator I use: https://amzn.to/3qiFf6m
Financial Masterclass for Canadians: https://www.parallelwealth.com/master...
20% off an online Will at www.willful.co use promo code: PWFG

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DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.