Welcome back to the Money with Katie Show, Rich Girls and Boys.

I'm your host, Katie Gatti Tossan, and this week we are reopening my favorite can of

worms.

Now I pride myself on a commitment to challenging assumptions about personal finance best practices

and taking a closer look at the options we normies have available to us to build well.

There's always been something about financial strategies and tax strategies in particular

that feels like an irresistible puzzle to me.

How can we fit all of the pieces together to generate the best results?

Part of the inherent challenge with something like traditional versus rough decisions is

the number of assumptions we have to make in order for something to be true.

There are a dozen variables that determine what's technically best in any given situation.

A reality made more unwieldy when you consider that those variables can change at any time.

Here's just a portion of what comprehensive financial planning considers.

Your income and how that'll change over time.

Your lifestyle and how that's going to change over your lifetime.

The age you estimate you want to retire and are you sensing a theme?

How that might change over time.

The way tax rates may change between now and then referring to the progressive systems

brackets.

The way tax laws may change between now and then, so think things like the standard deduction

or how capital gains are treated.

Here's when you're going to die, which is a super fun component of this, future rates

...