Expert Retirement and Financial Advisor Mark Kinney Offers Strategies for Catching Up on Retirement
Seasoned retirement and financial strategist, Mark Kinney, says making up for lost time when it comes to retirement planning is possible with a concerted effort.
Lee, Massachusetts—August 22, 2016—Founding partner of Toole, Kinney & Company, Inc., Mark Kinney, CFP®, published a new article entitled, “Making Up for Lost Time: 5 Tips for Catching Up on Retirement.” In the article, he encourages readers to reorient and reframe their retirement plans in order to make up for lost savings potential, maximizing their contributions to tax-advantaged retirement accounts and employer match programs.
Mark writes, “Once you hit 50, your tax-advantaged retirement savings accounts take on higher annual contribution limits. In 2016, an additional $6,000 may be deposited in your 401(k), as well as an extra $1,000 into your IRA. If you’re able, make the maximum contributions into your retirement accounts. This will help you recover some of you lost savings potential before you retire.”
The entire article can be found https://www.kinneywealth.com/making-up-for-lost-time-5-tips-for-catching-up-on-retirement/
About Mark Kinney
Mark D. Kinney, CFP®, has been advising clients for close to 30 years on how to maximize their retirement income in a sustainable, repeatable, and verifiable manner, while minimizing risk exposure to the daily turbulent financial markets. His keen insights into conservative and income generating investment options have been invaluable to those approaching or currently in retirement. In addition to his decades of experience and financial know-how, he held Series 7 and 63 FINRA Securities registrations for over 25 years, holds several insurance licenses, and has held the Certified Financial Planner ™ (CFP®) designation in good standing for 20 years.
After successful careers with a number of reputable financial institutions, Kinney established Toole, Kinney, & Co., Inc., in 1999. Kinney has been cited on such national news outlets and financial publications as CNN.com, Fox Business, NBC, Wall Street Select, and The Miami Herald. He remains active in several area charities, has participated in several marathons, including the Boston Marathon in 2013 and 2014, enjoys all activities outdoors, and currently lives in Stockbridge, Massachusetts.