WellesleyWeston Magazine


Launched in 2005, WellesleyWeston Magazine is a quarterly publication tailored to Wellesley and Weston residents and edited to enrich the experience of living in two of Massachusetts' most desirable communities.

Issue link: https://wellesleywestonmagazine.epubxp.com/i/256387

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Page 96 of 211

money is enough? "The goal is to have the means to retire without having to worry about running out of money," says Kent Fitzpatrick, Managing Director of Asset Strategy Consultants. "You want to be fishing for fun, not for food." To create a ballpark estimate, Fidelity created its Retirement Preparedness Measure, which calculates readiness based on the assumption that people should accumulate at least eight times (8X) 95 s p r i n g 2 0 1 4 | W e l l e s l e y W e s t o n M a g a z i n e People should accumulate at least 8X their ending salary at retirement R O B Y N M A C K E N Z I E / D R E A M S T I M E . C O M 090-102_WWMa14_ready to retire_v3_WellesleyWeston Magazine 2/1/14 4:34 PM Page 95

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