November Newsletter
Wed. November 1st 2017
Captain's Log


Fall is here, the leaves are changing, there's a nip in the air, and it's time to put the boat away for the winter! Before you know it, we'll be celebrating Thanksgiving, Christmas, and New Year's! I know I keep saying this, but it seems the older we get, the faster time goes. I guess that's the man above's way of making us appreciate each day more as we grow older.

In this newsletter I'm including information that normally only goes out to our families with assets invested/managed through our team, because I thought it was informative and interesting. It's our institutional wealth management team's third quarter market talk video and report. 

Why am I sending this now? Well, because the number one question Kelly and I get asked these days is "when is the market going to crash?", so obviously market conditions are on people's minds. I don't know the answer to that question (nobody really does), but I do know that managing risk in retirement is extremely important for most folks. We just can't afford big losses as we get older, in most cases. It's critical to get your safe/risk ratio in line, then manage market risk accordingly. For those of you that are not clients, I thought you might find it interesting to see the correspondence we get on an ongoing basis from our money management team to hopefully keep us ahead of the curve and manage assets with a forward thinking and proactive process. When the great Wayne Gretsky was asked how he became such a good hockey player he said, "You have to skate to where the puck is going to be, not where it came from". We take the same approach when it comes to retirement planning and investing, and call it "forward thinking planning". 

If you have any concerns or questions, then feel free to get in touch. We'll be happy to get your questions answered. Check our website for upcoming educational workshops, archived radio shows, Lake Norman Currents articles, free reports and more.  

Enjoy this month's articles, and we'll be back at you next month.

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

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

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The Changing World of Retirement Income Planning 

By James D. Stillman
November 2017


Without question, the number one concern of retirees today is outliving their money. But what's really most important - outliving your money or outliving your income? With pensions becoming a thing of the past, Social Security getting shaky, increased stock market volatility, and longer life expectancies, old school ways of thinking when it comes to retirement planning could get you in trouble if you're not careful. In my opinion, income planning is the key to retirement planning.

Be sure to take a look at the sources of income you'll have in retirement and figure out if you'll have enough. If not, how can you close the gap? That's really the first step in any retirement plan. A few questions that need to be asked when assessing retirement income sources are: Is the income guaranteed for life? Does it allow for inflation? Are both spouses covered? Is it taxable? If it's stock market based, what will you do if the markets don't cooperate? Do you want "maybe" income or contractually guaranteed lifetime income? 

The Wealth Report:
October 5th 2017

Don't Defer Tax Planning for 2018


Perhaps you've had a similar dilemma with your household budget: How
do you cut back expenses when your spending must increase? Tax
reform, long touted as a hallmark of the Republican party platform, may
be difficult to achieve with all the recent expenses the country has

When Donald Trump was first elected president, there was positive
momentum in the stock market in anticipation of his pro-business,
pro-tax reduction policies. These days, however, Congress appears to be
looking for ways to pass legislation that looks like tax cuts but would
actually help increase short-term revenues.

For example, some House Republicans have suggested rolling back the
tax-deferred status of 401(k) plans. This would put the 401(k) on the
same level as a Roth IRA, only with higher annual contribution limits
($18,000; or $24,000 for those age 50 and up). While that would result
in no taxes on distributions during retirement, investors would pay more
taxes on income while working. This may reduce the incentive to save
with a 401(k), which is extremely important given the retirement income
shortfalls many people are facing.

JDS Client Corner

It's that time of year again! Please mark your calendars for our annual Holiday Party on Saturday December 9th from 11 am - 3 pm. Invitations will be mailed shortly, but you can RSVP ahead of time by calling 704-660-0214 or replying to this email. We will have bowling, billiards, food, drinks and plenty of fun! Friends and family are welcome!

We will feature pictures and stories from our valued clients as well as our family in this section each month.
If you'd like to be featured in next month's Client Corner, 
please email your story to

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. 

JDS Wealth Management Corporation's outgoing and incoming e-mails are electronically archived and subject to review and/or disclosure to someone other than the recipient. We cannot accept requests for securities transactions or other similar instructions through e-mail. We cannot ensure the security of information e-mailed over the Internet, so you should be careful when transmitting confidential information such as account numbers and security holdings. If the reader of this message is not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to this message and deleting it from your computer."