July  Newsletter
July 11th, 2018
Captain's Log


I hope everyone is enjoying the summer and had a great 4th of July holiday. We'll be starting back up with our educational seminars again in August, so if you'd like to attend, then just let us know. 

Kelly and I have kept busy at the office this past month, and as always things are changing all the time. One thing to note is that insurance companies are offering higher rates and bonuses on annuity products, as well as life insurance products. That's because interest rates are rising, insurance company portfolios are having success, and as baby boomers retire they continue to move towards more insurance planning vs. investment planning for their retirement. I believe that's a smart move for safety, guaranteed income, and long-term care planning. Anyone that wants the proof of why this makes sense, just let me know and I'll be happy to email you the statistical data and reports that back this up.

Also, our institutional wealth management team believes that there will be continued market volatility, and they have adjusted portfolios overall to account for this. Our Riskalyze risk analysis process has proven to be quite successful in helping ensure that folks are positioned appropriately based on their risk tolerance, and I'd encourage folks to go through the process if you have not already done so.

If you'd like your own
Chart Your Course Retirement Review or a second opinion on your current retirement plan, then just let us know. 

And, as always, remember -  The purpose of the money dictates where you put it. 

Until Next Month,
Jim's signature
  James D. Stillman

Featured this month
JDS Quick Links


Asset-Based Long Term Care:
The Perfect Solution to Long Term Care Planning?
By James D. Stillman
                                July 2018

Healthcare costs are the number one reason for bankruptcy in America. It's estimated that the average couple age 65+ will spend approximately $250k on healthcare costs in retirement. This includes both Medicare and Long Term Care spending. Couples over the age of 65 have a 70% chance that at least one of them will need long term care during their lifetime. The average stay in a nursing home is 2.2 years for males and 3 years for females. The average cost in North Carolina is $75,000 - $80,000 per year, but can be higher depending on the facility you choose.

Obviously, it makes sense to have a plan in place to cover these potential expenses during retirement, if at all possible, but what's the best way to do that? I believe it's a strategy called "Asset-Based Long Term Care". Virtually nobody knows about it, but we're trying to get the word out.

The Wealth Report:

Things to Consider About Mutual Funds

American capitalism boomed in the early part of the 20th century. The nation was smack dab in the middle of the Industrial Revolution, ordinary citizens enjoyed newfound wealth and the stock market soared. Everyone wanted a piece of the action. 

There was just one problem though: Investing wasn't that accessible. Online brokerage companies like E-Trade didn't exist in the 1920s. Good money managers were hard to find and typically had high account minimums. Trading took place on the floors of stock exchanges, and big-ticket orders went to the top of the stack. So, the ordinary investor had very few options. This changed in 1924, when Massachusetts Investment Trust had an idea for normal investors to "mutually" pool their money together in a common "fund." Collective buying power meant they could hire a top-notch money management team and get stock traders to take them seriously. 

Voila! Just like that, the first mutual fund was born.

All content is intended for informational purposes only. Any guarantees are for insured products only and are dependent on the claims paying abilities of the insurer.  All investments carry some risk and you should be advised by your personal financial advisor before implementing any strategies discussed, as they are not suitable for everyone. James D. Stillman is an Investment Advisor Representative of JDS Wealth Management Corporation and AE Wealth Management. 

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