percent of your income — including any employer match — as a
general guideline. Small changes can make a big difference.
n
TAKE ADVANTAGE of tax-deferred saving vehicles such as an IRA,
401(k), Health Savings Account, or tax-deferred annuities. If you are
over 50, take advantage of "catch-up" contributions.
n
REVISIT YOUR ASSET MIX REGULARLY. Appropriate levels of risk and
reward change according to life stage and stage of retirement.
n
IF YOU ELECT TO WORK WITH A FINANCIAL PLANNER, explore their
background carefully and be sure to check references to assess their
capability. Choose an independent advisor that is compensated on a
fee basis rather than commission. Transparency is essential. What can
you expect from working with them? What can they expect from you?
What will comprise the strategic foundation for your financial plan?
n
AS THE TIME GETS CLOSER, consider working with a life coach or thera-
pist specializing in life transitions to begin to develop a retirement
vision. A good place to start is by reading The Couples Retirement
Puzzle: 10 Must-Have Conversations for the Second Half of Life, by
Roberta Taylor and Dorian Mintzer.
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Are You Ready to Retire?
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sources
n
KENT FITZPATRICK
AIFATM, ARPCTM
kaf@assetstrategyrc.com
n
WILLIAM B. REEVE, CFA, CFP, MBA
Director of Financial Planning
wbr@AssetStrategyrc.com
n
ASSET STRATEGY CONSULTANTS
5 Commonwealth Road
Suite 3A
Natick, MA 01760-1526
781.235.4426
www.assetstrategyrc.com
n
WILLIAM J. CADIGAN
President
Wellesley Investment Partners
47 Church Street
Wellesley, MA 02482
781.431.1325
bill@wellesleyinvestmentpartners.com
www.wellesleyinvestmentpartners.com
n
DR. SALLY OURIEFF
www.translationalconsulting.com
Sally@translationalconsulting.com
n
MARCEL QUIROGA
RMA
Chief Relationship Officer and
Director of Marketing
Capital Formation Group, Inc.
60 Walnut Street
Wellesley MA 02481
781.237.0123
marcelq@capformgroup.com
www.capitalformationgroup.com
n
IRA G. RAPAPORT
CPA / PFS, CFP
®
, CIMA
®
, AIF
®
, MST
Managing Member, CEO
New England Private
Wealth Advisors, LLC
36 Washington Street, Suite 395
Wellesley, MA 02481
781.416.1700
ira.rapaport@nepwealth.com
www.nepwealth.com
090-102_WWMa14_ready to retire_v3_WellesleyWeston Magazine 2/1/14 4:36 PM Page 102