Retirement income planner who specializes in helping people answer the question, "Do I have enough to retire with confidence?" It is my passion.
Topsfield, MA
Joined February 2013
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Retirees: Taxes Could Be Your Biggest Expense - Here's How to Reduce Them
Are you worried about taxes eating away at your retirement savings? You're not alone. For many retirees, taxes can end up being their single biggest expense in retirement.
But it doesn't have to be that way. Our new free guide, "Top 10 Tax Planning Strategies to Keep More of Your Savings in Retirement," reveals simple yet powerful tactics you can use to slash your tax bill and preserve more of your hard-earned nest egg. tapparocapital.com/top-10-ta…
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My first financial lesson came from a paper route,
not a textbook.
I was nine. My mother banked what I earned, and years later, those savings bought me a used 1979 Chevy Monte Carlo.
Simple lesson. Lasting impact.
That got me thinking: If I could teach my daughters only three financial lessons, what would they be?
None would involve picking the next hot stock.
In my latest article, I share the lessons I’d want them to carry through life, and why one is as much about enjoying your money as protecting it.
tapparocapital.com/if-i-coul…
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Andrew J. Tapparo, MSF, RICP® retweeted
Inflation is the silent thief.
Over the last 30 years:
$1 in purchasing power → $0.47
$1 invested in the S&P 500 → $9.05 AFTER inflation
That gap is the power of ownership.
Andrew J. Tapparo, MSF, RICP® retweeted
Bear markets pale in comparison to bull markets, both in market movement and duration. A good reminder for every long-term investor.
A $1M nest egg could lose roughly 40% of its purchasing power in 20 years. Learn how inflation can affect your savings.
tapparocapital.com/why-your-…
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Andrew J. Tapparo, MSF, RICP® retweeted
“Whenever you think that some situation or some person is ruining your life, it’s actually you who are ruining your life. It’s such a simple idea. Feeling like a victim is a perfectly disastrous way to make go through life.”
— Charlie Munger
Andrew J. Tapparo, MSF, RICP® retweeted
I’m in love with this sentence:
“The longer you stay on the wrong train, the more expensive it is to get home.”
Sequence-of-returns risk can put some retirement funds in jeopardy. Find out how to strategize withdrawals and mitigate the impact. tapparocapital.com/the-impor…
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Here’s a perspective that reshaped how I view uncertainty and long-term investing:
Books led to microscopes. Refrigeration transformed medicine and migration. WWII brought penicillin. The Cold War set the stage for the Internet. The space race gave us GPS. And the list keeps growing.
One breakthrough sparks another, creating a chain reaction no one could have anticipated.
When we invest for the long haul, we’re not just buying shares in companies.
We’re investing in this powerful engine of innovation. The very force that has been improving our world in unexpected ways for centuries.
Sure, the headlines may often seem discouraging. But beneath it all, progress continues quietly, shaping a future full of possibilities we can only begin to imagine.
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Andrew J. Tapparo, MSF, RICP® retweeted
A reminder from The Psychology of Money by Morgan Housel:
“The highest form of wealth is the ability to wake up every morning and say, ‘I can do whatever I want today.’ People want to become wealthier to make them happier. Happiness is a complicated subject because everyone’s different. But if there’s a common denominator in happiness—a universal fuel of joy—it’s that people want to control their lives. The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. It is the highest dividend money pays.
Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness. The ability to do what you want, when you want, with who you want, for as long as you want to, pays the highest dividend that exists in finance.”
Andrew J. Tapparo, MSF, RICP® retweeted
I’m in love with this sentence:
“One of the most underrated skills you can learn is the ability to ignore your mood and stick with the plan.”
Many people only consider taxes once a year and focus solely on that year.
Savvy investors, however, plan for how their tax situation may change over decades.
This long-term perspective is the foundation of prudent retirement income planning.
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When the market is consistently reaching new highs, many investors hesitate to invest or even consider stepping away temporarily.
They often tell themselves, "the market is too high," as a reason to sell.
When I encounter this mindset, I’m reminded of a powerful quote from Nick Murray:
"If you think the market is too high right now, wait 20 years."
A quick look at a long-term market chart makes the wisdom of this statement clear and hard to ignore.
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One of the most underrated advantages in retirement planning:
Flexibility.
The ability to adjust spending—even modestly—during different market environments can make a meaningful difference.
It doesn’t require drastic changes.
Sometimes small adjustments are enough to reduce pressure on a portfolio.
Flexibility doesn’t eliminate uncertainty.
But it can make uncertainty easier to navigate.
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Andrew J. Tapparo, MSF, RICP® retweeted
The longer you live, the more you realize this:
Most things lose value over time.
Great experiences compound forever.
