AICPA survey says high net-worth individuals spending less - Triangle Business Journal:

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It’s also left them changing thei investing habits in anticipation of future tax Such are a few of the findingsa of a new survey of529 CPA-certified financial plannerx performed by , AICPA. Sixty-seven percent of respondentd reported thattheir clients, expecting tax hikes down the are accelerating capital gains and increasingg contributions to qualified retirement plans such as 401(k)sd and IRAs.
In terms of wealty transfer, nearly 60 percent of financial planneras are recommending payingmedical and/odr education bills directly for family members, and 50 percengt are recommending gifting devalued In other survey results, 64 percent of the financiall planners say they foreses a small increase in the S&P 500 Index over the next six while 53 percent see a small jump in bond yields and 62 percentg say they anticipate a small or no change, in commerciap real estate values. Of the 529 survey 57 percent work with individua l clients with a net worthnof $1 million to $5 million, while 34 percent work with individuaol clients with a net worth of less than $1 million.