RETIREMENT PLANNING • CLEAN ENERGY • RIA
In this week’s newsletter explore an interesting graphic visualizing government debt projections for G7 countries. In our news section hear why pre-tax retirement contributions can be better than Roth, a new water bottle design to reduce waste, how to have fruitful inheritance conversations and more.
Let’s jump into it.
We send out our newsletter every Friday with the most interesting content we’ve found that week.
source visualcapitalist.com
“Ultimately, while the idea that we currently live in an anomalously low-tax environment that will inevitably reverse course has its appeal, basing one’s tax planning decisions around that assumption is still risky. Because even if taxes do creep up nationally, individuals who are already in the highest tax brackets today are still likely to be in a lower bracket upon retirement – which makes it better to contribute to a pre-tax account today and then withdraw (or convert) the funds at a lower rate later on!”
“A bottled water company is working to change the industry by making its plastic packaging more sustainable. CG Roxane, which distributes Crystal Geyser Natural Alpine Spring Water, marked another first by unveiling a tethered cap in August, Plastics Today reported. The EZ-Cap is the first such product in the United States, though the European Union in July began requiring tethered caps on all plastic drink bottles up to three liters. The item took over a year to develop, but it’s been in the works since 2018, when CG Roxane tested a tethered cap on 16.9-ounce bottles, according to the outlet. The cap now comes on 8-ounce bottles.”
“Thousands of people across Germany have embraced balkonkraftwerk, or balcony solar. Unlike rooftop photovoltaics, the technology doesn’t require users to own their home, and anyone capable of plugging in an appliance can set it up. Most people buy the simple hardware online or at the supermarket for about $550 (500 euros). The ease of installation and a potent mix of government policies to encourage adoption has made the wee arrays hugely popular. More than 550,000 of them, half of which were installed in 2023, dot cities and towns nationwide.”
“A surprising trend has emerged when it comes to discussing inheritance. While very and ultra-high-net-worth clients often engage in these conversations, they tend to occur far less frequently with other segments. For many of these clients – those whose net worth falls in the $1 million to $5 million range or even higher – there’s a deep reluctance to discuss the transfer of wealth with their heirs. This reluctance stems from the fear of taking away the motivation for their children to build their financial futures. Many want their children to forge paths to find their way in the world without expecting a financial safety net.”
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