Tax-First Financial Planning

Maximize Your Wealth with Wyoming’s Tax-First Approach
 

What is Tax-First Financial Planning?

At Asset Financial Planners in Cheyenne, WY, our tax-first financial planning prioritizes minimizing your tax burden to maximize your wealth, especially for high-net-worth individuals within 5 years of retirement with investable assets of $250,000 to $3 million. By focusing on tax efficiency, we help you keep more of your hard-earned money, leveraging Wyoming’s no-income-tax advantage and our expertise in ETF portfolios, Roth conversions, and smart distribution strategies.

Why Tax-First Planning Matters for High-Net-Worth Retirees

As a high-net-worth individual nearing retirement, you face unique challenges: large pre-tax accounts like IRAs or 401(k)s can trigger significant tax liabilities, and complex estates, like ranches or businesses, require strategic planning. Our tax-first approach, integrated with our Freedom 360 Process and Journey Portfolios™, helps ensures and assist in securing that every financial decision—from investments to withdrawals—is optimized to reduce taxes and secure your legacy in Wyoming’s tax-friendly environment.

Our Tax-First Approach Delivers:

  • ETF Portfolios: Our Journey Portfolios™, built with low-cost, tax-efficient ETFs, minimize capital gains taxes and align with your retirement timeline and risk tolerance, ensuring your $250,000–$3M portfolio grows efficiently.
  • Roth Conversions: We strategically convert pre-tax accounts (e.g., IRAs, 401(k)s) to Roth IRAs, leveraging Wyoming’s no-income-tax status to reduce future taxes and Required Minimum Distributions (RMDs).
  • Smart Distribution Strategies: We sequence withdrawals from pre-tax, Roth, and taxable accounts to stay in lower tax brackets, using our Freedom 360 Process to model income needs and minimize taxes.
  • Estate Tax Minimization: We use Wyoming’s dynasty trusts and gifting strategies to reduce federal estate taxes, preserving wealth for heirs or charities, ideal for ranchers or business owners.
  • Holistic Planning: Our Freedom 360 Process integrates taxes, investments, retirement, and estate planning, ensuring every decision supports your goal of a secure, tax-efficient retirement.

Example: A Cheyenne client with a $1.5M 401(k) saved $90,000 in taxes over 10 years through our Roth conversion and smart distribution strategies, while our ETF portfolio reduced their capital gains taxes by 15%.

Ready to Maximize Your Wealth?

If you’re a high-net-worth Wyoming resident nearing retirement, our tax-first financial planning can transform your financial future. Contact us for a complimentary consultation to see how our ETF portfolios, Roth conversions, and smart distribution strategies can work for you.

 

We provide education regarding tax and estate planning services but do not offer tax or legal advice.