1. Are You Ready $$ For Retirement? Mark J. McGaunn, CPA/PFS, CFP® President MJM Financial Advisors, LLC 114 Turnpike Road, Suite 107 Westborough, MA 01581-2861 phone: (978) 405-3133 e-fax: (978) 776-2609 e-mail: [email_address] web: www.mjmfa.com
11. Hence, “The Bucket Theory” Veterinary Practice(s) Value 401(k) SEP IRA Trad. IRA ROTH Taxable Savings (Trusts) Practice Facility & Other Real Estate
36. 50 year-old practice owner Makes a $15,500 annual 401(k) contribution for 12 years until retirement Still has potentially $475,000 at age 70 (moderate portfolio allocation). B
37. Same 50 year-old practice owner Contributes max. $15,500 annual 401(k) contribution for 12 years with $5,000 catch-up contribution plus a corporate match of up to $29,000. Potential $1.4 million (moderate portfolio allocation). C
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Editor's Notes
Seagulls in “Finding Nemo”-we think we are all unique in our own industry, but change the name (doctor, layer, CPA, and we have the same exact problems
![Are You Ready $$ For Retirement? Mark J. McGaunn, CPA/PFS, CFP® President MJM Financial Advisors, LLC 114 Turnpike Road, Suite 107 Westborough, MA 01581-2861 phone: (978) 405-3133 e-fax: (978) 776-2609 e-mail: [email_address] web: www.mjmfa.com](https://image.slidesharecdn.com/avmaareyoureadyforretirement-124423458204-phpapp01/85/are-veterinarians-ready-for-retirement-1-320.jpg)
![Retirement Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)