This edition of tmrw breaks down the newly signed “One Big Beautiful Bill Act,” the most significant U.S. tax legislation since 2017. We cover what changed, what stayed the same, and how high-net-worth families can use the current tax code to optimize retirement income. If you’re navigating taxes with $1–10 million in assets, this is your blueprint for smarter planning.

This edition is all about the risks of your retirement. Just like Google diversified beyond search, your plan must extend beyond market returns. Because the biggest risks in retirement have little to do with indexes—and everything to do with life.

Now, this may sound obvious to you, but at the time, I was fresh out of business school and early in my career. My job working alongside my dad involved reviewing portfolios, creating reports, and making recommendations on how to improve them for clients. With what he taught me, combined with my business school educ