Greater Boston · Newton, MA
Planning Across Thirteen Villages and Several Generations
Newton's villages are home to hospitals, universities and the city's own workforce, along with many families who have lived here for generations. Households often span more than one generation, and decisions about a home, retirement and what to pass on are intertwined.
We help Newton families plan for retirement, use their investments with purpose and coordinate with their attorneys and tax professionals.
Local Planning Considerations
What Often Matters in Newton
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01
A valuable home as a planning asset
In Newton, a house can account for much of a family's wealth. We look at what staying, downsizing or relocating would do to your retirement income, and how the sale of a home is taxed.
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02
Estate tax and family wealth
A $2 million Massachusetts exemption per person, with no sharing between spouses, means many Newton households should have their estate documents and account titling reviewed. We coordinate with your attorney.
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03
Helping the next generation
Gifts to children and grandchildren, or help with a first home or tuition, are common here. Planning gifts in a way that does not undercut your own retirement is where we start.
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04
Institutional and municipal careers
If you work at a university, a hospital or for the city, your retirement benefits may include a pension, a 403(b) or both. We help you understand each and plan around them.
Free Checklist
The Retirement Checklist for Newton Families
Fifty questions across income, Social Security, taxes, Medicare, insurance and legacy, to show what is settled and what still needs attention.
Common Questions
Questions Newton Residents Ask
Yes. Many families plan across generations. With everyone's permission, we can coordinate parents' retirement planning with the children's goals.
Massachusetts does not have a gift tax, but federal gift rules apply and gifts can affect your estate planning. Confirm details with your attorney or tax professional.
Taxes, timing, where you will live next and how the proceeds will be invested all matter. We help you model the options before you list.
Related
Services and Nearby Areas
Nearby: Boston, MA · Brookline, MA · Needham, MA · Wellesley, MA · · All areas we serve
Prefer to Talk It Through?
Request a Complimentary Consultation
A conversation about your goals and how we may be able to help, with no obligation.
Newton, MA is one of the communities we serve. This page is general information, not individualized investment, tax or legal advice, and is not an offer to buy or sell any security. Radius Wealth Management LLC provides individualized advice to residents of a state only where permitted. Tax and estate rules change; please confirm current rules with your tax and legal advisors. Our office is at 1 Marina Park Drive #1410, Boston, MA 02210.