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Reply to "How Many With $1Million+ Manage Own Money/File own Taxes"
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[quote=Anonymous]We use a finanical advisor, but I do our taxes in Turbotax because I like to play with scenarios as I go aloing, like what if we gave more to charity X next year, how would that change our tax bill and so on. It takes me a few hours a year, mainly because I keep all our papework in order throughout the year. The reason for our advisor is time. I do know finance and could do rebalancing; read up on the latest tax laws, etc but I'd rather spend that time playing with my kids. Maybe it'll change when they're older and they no longer want to cuddle with me and say "I love you" to me every 15 minutes, but for now that's worth more than the money I'd possibly gain from not paying a financial advisor... and even then I'm not sure I'd beat them at their own game. [/quote]
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