Jack Phelps, founder of The Relaxing Retirement Coach, explains that year-end “harvesting” can provide substantial tax benefits for retirees.

Wellesley, MA – December 26, 2011 – Jack Phelps, founder of The Relaxing Retirement Coach, a Retirement Coaching company, recently published an article on his website (http://www.theretirementcoach.com) noting the potential benefits of ‘realizing’ capital losses. The article, titled “Year End Harvesting,” sets forth a strategy to help retirees maximize their tax benefits.

Jack Phelps writes, “As painful as realizing a capital loss is, the great news is you can recover a significant portion of your losses if handled properly. Unfortunately, most retirees do no planning whatsoever and just pay whatever their accountant tells them to pay.”

The Relaxing Retirement Coach, Inc. provides their members with the ‘missing structure’ they need to make a seamless and relaxing transition to their retirement years so they can confidently do everything they want to do without worrying about money.  Their Relaxing Retirement Coaching Program™ provides members with a personalized, one-on-one retirement coaching relationship with constant attention to each and every detail necessary for them to consistently enjoy a relaxing retirement experience.

The entire article can be found at http://www.theretirementcoach.com/articles/year-end-harvesting-3.php

To learn more about The Relaxing Retirement Coach, Inc., please visit http://www.theretirementcoach.com

About Jack Phelps

Prior to developing The Relaxing Retirement Coaching Program^™ back in 1994, Jack spent five years as a registered representative with Prudential Financial Services. In 1992, he received his Chartered Financial Consultant designation from The American College in Bryn Mawr, Pennsylvania. In 1989, Jack graduated from Holy Cross College in Worcester, Massachusetts with a B.A. in Economics.