You’ve got your investment portfolio on track, tax-reduction strategies in place, and a nest egg ready to weather market fluctuations. But there’s one hidden cost that could derail your carefully made plans. Can you guess what it is? Let’s dive in and see if your retirement planning is truly bulletproof. Did you guess correctly? October […]
The Hidden Cost Iowa Retirees Can’t Afford to Ignore Read More »
Healthcare continues to be one of the largest expenses in retirement. As life expectancy increases, so do the years we spend in retirement, making it essential to plan for these monumental expenses meticulously. Advances in medical technology and healthcare have extended our lifespans, allowing many to enjoy decades in retirement. While this longevity is a
Planning for Healthcare Costs in Retirement Read More »
Misconceptions about finances can hinder your ability to effectively plan for retirement and adhere to your plan. When strategizing for your retirement, it’s essential to ensure you’re equipped with accurate information. The aspiration to break free from the daily 9-5 grind is a powerful motivator for many contemplating retirement. However, realizing this vision of retirement
Retirement Myths You Should Know Read More »
Planning for retirement in Iowa encompasses various financial aspects, from accumulating savings to managing investments, and envisioning your desired lifestyle. While many focus on building a robust nest egg, overlooking the potential need for long-term care can jeopardize financial security in later years. In today’s economic environment, incorporating long-term care insurance into your retirement plan
Should Your Retirement Plan Include Long-Term Care Insurance? Read More »
It’s no secret that as we age, our health depletes. While we can help our overall wellness through lifestyle changes and healthier habits, there’s another, less obvious way we can help ourselves (and loved ones) as we grow older: planning for long-term care. Despite the anticipated growth in the country’s retirement-age population – with the
An Action Plan for Long-Term Care Read More »
If you’ve invested years in growing your retirement savings, it’s natural to want to protect those hard-earned assets. Despite your diligent savings efforts, unexpected financial challenges are always a possibility. But with careful preparation, you can establish a plan that helps provide peace of mind as you approach your golden years. In this blog, we’ll
Considerations When Building a Retirement Plan Read More »
Although many things have changed in the financial world over the past few decades, some nuggets of financial advice are timeless. As we enter Father’s Day weekend, here are a few tips that have remained constant for several generations. Retirement marks the beginning of a new phase in life—a time to savor the joys of
Fatherly Advice for a Successful Retirement Read More »
As we age, planning for the future becomes increasingly important. One area that many retirees may overlook is long-term care planning. Long-term care is essential for retirees in Iowa, and planning ahead is crucial to help ensure a comfortable and secure retirement. According to the U.S. Department of Health and Human Services, an estimated 70%
Planning for Long-Term Care in Iowa Read More »
If you’re approaching retirement, you may have questions about how this will affect your Medicare coverage. The new Inflation Reduction Act will bring some major changes to Medicare. Here’s what you should know. People are living longer and retiring earlier. How do you account for health care costs in your retirement planning? If you’re like
Navigating the Basics of Medicare in Retirement Read More »
All written content on this site is for informational purposes only. Opinions expressed herein are solely those of Johnson Wealth and Income Management . and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. Investing involves risk. There is always the potential of losing money when you invest in securities. Asset allocation, diversification and rebalancing do not ensure a profit or help protect against loss in declining markets. All information and ideas should be discussed in detail with your individual advisor prior to implementation. The presence of this website, and the material contained within, shall in no way be construed or interpreted as a solicitation or recommendation for the purchase or sale of any security or investment strategy. In addition, the presence of this website should not be interpreted as a solicitation for Investment Advisory Services to any residents of states where otherwise legally permitted to conduct business. Fee-based financial planning and Investment Advisory Services are offered by Sound Income Strategies, LLC, an SEC Registered Investment Advisory firm. Johnson Wealth and Income Management and Sound Income Strategies LLC are not associated entities. Johnson Wealth and Income Management is a franchisee of Retirement Income Source, LLC. Retirement Income Source, LLC and Sound Income Strategies LLC are associated entities. © 2024 Sound Income Strategies
https://www.sec.gov