How much can I safely spend each year?
Without running out, even if I live to 95.
Retirement income planning · Woburn & greater Boston
Will you have enough?
For 40 years, Paul McNulty, CFP®, has helped people answer that question with a written retirement income plan. The plan shows how much you can safely spend, when to claim Social Security, and which accounts to draw from first.
Or call Paul directly: (781) 995-0253
CFP® professional
In the industry since 1986
Office in Woburn, meetings by video too
What does a retirement income planner do?
A retirement income planner turns the savings you built while working into a steady, reliable paycheck for retirement. That means deciding how much you can safely withdraw each year, when to claim Social Security, which accounts to draw from first to manage taxes, and how to protect a spouse. The result is a written plan you can hold, not a guess.
The questions we hear most
Retirement brings a different set of decisions.
Saving for retirement and spending in retirement are different jobs. Most people who sit down with Paul have done the first one well. These are the questions that come next:
When should I take Social Security?
And how does my choice affect my spouse?
Which accounts should I use first?
IRA, 401(k), Roth, or taxable, and how to keep taxes down.
What happens if one of us dies first?
Making sure the surviving spouse is taken care of.
BOSTON METRO ADVISORYour Retirement
Your Retirement
Income Plan
Prepared for
Your Family
What you get
A written retirement income plan
Your plan puts every part of your retirement on paper, in plain English:
- Your income map — where each month's paycheck comes from, year by year.
- Your Social Security strategy — when each spouse should claim, and why.
- Your withdrawal order — which accounts to draw from, and when, with taxes in mind.
- Your RMD timeline — when required minimum distributions begin (age 73 or 75) and how to prepare.
- Your investment approach — matched to the income you need, not to the market's mood.
- Your safety net — healthcare, long-term care, and a plan for the surviving spouse.
- Your legacy — what you'd like to leave, and to whom.
How we can help
Advice built around retirement income.
Retirement Income Planning
A dependable paycheck from your savings.
Learn moreSocial Security Planning
Claim at the right time, for you and your spouse.
Learn more401(k) Rollovers
What to do with your plan when you leave work.
Learn moreInvestment Management
Investments built around the income you need.
Learn moreLegacy & Estate Planning
Coordinated with your attorney so assets go where you intend.
Learn moreInsurance & Annuities
A balanced look at when they do, and don't, belong in a plan.
Learn moreHow it works
A clear process, without pressure.
A cup of coffee and a second opinion.
A no-cost, no-obligation conversation about where you are and what's worrying you.
Your written plan.
Paul gathers the details and builds a plan you can read, question, and keep.
We stay with you.
Your plan is reviewed at least once a year, and whenever life changes.
Photo of Paul
Meet Paul
Forty years of helping people make important decisions.
Paul McNulty, CFP®, has worked in financial services since 1986 before opening his practice with LPL Financial in Woburn. He holds the CERTIFIED FINANCIAL PLANNER™ designation and a B.S. in Business Administration from the University of Rhode Island. Most of his clients come to him through referrals from other clients.
“Most people have spent 30 or 40 years saving. What they haven't had is a plan for spending it. That's the part I help with.”— Paul McNulty, CFP®Meet Paul
Who we help
Retirement planning for life's turning points.
People within 10 years of retirement
Deciding when they can afford to stop working.
Recent retirees
Turning savings into income and making the Social Security decision.
Families in greater Boston
Families in Woburn, Arlington, and the greater Boston area — plus clients nationwide by video.
Will you have enough? Find out where you stand in 2 minutes.
Nine plain-English questions. No account numbers, no sales pitch. You'll see whether you're on track, have a few gaps, or need a plan.
Straight answers
Frequently asked questions
A retirement income plan is a written strategy for turning your savings, Social Security, and any pensions into a steady income for life. It covers how much you can spend each year, when to claim Social Security, which accounts to draw from first, and how to protect a surviving spouse.