Tag archives: asset rich

Asset Rich, “Qualified Income” Poor
By Matt Genovese   |   July 18, 2023

More and more we see clients that are asset rich yet “qualified income” poor, which just means that they have done a good job saving and accumulating wealth, and now live off their accumulated wealth and investments. The definition of “qualified income” specifically pertains to a calculation based off their tax returns as reported usable […]