Financial Focus What does retirement security mean to you? counts, and you and your spouse are in good health such as long-term care insurance or life insurance October is National Retirement Security Month. But what does retirement security mean to you? And with a family history of longevity, you may consider with a long-term care component. how can you work toward achieving it? Here are some suggestions: Build your resources. While you're working, save in tax-advantaged accounts such as your IRA and 401(k) or similar employer-sponsored retirement plan. In your 401(k), contribute at least enough to earn your employer's match, if one is offered, and in- housing and transportation, but other expenses are crease your contributions whenever your salary goes more irregular and can't always be predicted, such as up. Remember, especially early in your career, time is often your biggest asset. Be sure to save early, since care, you could easily spend a few thousand dollars a eficiaries can also help protect your assets and ensure the longer you wait, the more you'll need to save to help reach your goals. · Look for ways to boost retirement income. When transitioning to retirement, you can take steps may also want to consider the possibility of needing tax advisor as well. to align your income with your needs. For example, consider Social Security. You can start collecting it as covered by Medicare and can be quite expensive. The rity and developing and executing a strategy aligned early as 62, but your monthly payments will be much average annual cost of a private room in a nursing larger if you can wait until your "full" retirement age, home is more than $100,000, and it's about $55,000 most rewarding times of your life. typically between 66 and 67. (Payments will "max out" at age 70.) So, if you have sufficient income from worth, an insurance company. To address these costs, for use by your local Edward Jones Financial Advisor. a pension or your 401(k) and other retirement ac- delaying taking Social Security. You also might want to explore other income-producing vehicles, such as certain annuities that are designed to provide a lifetime income stream. Prepare for unexpected costs. During your retirement, you can anticipate some costs, such as Do your estate planning. It's hard to feel totally secure in retirement if you're unsure of what might happen if you have an unexpected health event, become incapacitated or die earlier than expected. Thats why you'll want to create a comprehensive estate plan one that might include documents such as a durable power of attorney, a will and a living trust. A review of your insurance coverages and ben- those connected with health care. Even with Medi- they are distributed the way you want. In creating year on medical expenses, so you may want to bud- get for these costs as part of your emergency savings, your plan, you will need to work with your financial and possibly purchase supplemental insurance. You advisor and a legal professional, and possibly your some type of long-term care, which is not typically Thinking holistically about your retirement secu- with your goals may help free you to enjoy one of the per year for a home health aide, according to Gen- This article was written by Edward Jones you may want to consider some form of protection, Edward Jones, Member SIPC Edward Jones Michael C. Caley AAMS Pam Covington CFP" AAMS Edward Jones Edward Jones Sean P. Asiala AAMS Edward Jones Tod Heisler AAMS Edward Jones Jason Korner CFP Edward Jones Quinn Nofziger Edward Jones Gwen Ruppert Edward Jones Karen Rupert Financial Advisor Financial Advisor Financial Advisor 7329 West Jetferson Blvd Fort Wayne. IN 46804 Financial Advisor Financial Advisor Financial Advisor Financial Advisor 7030 Ponne inverness Way. Sute 125 Fort Wayne, IN 46804 432-3613 Making Sense of Investing Financial Advisor 7127 Homestead Rd, Suite C Fort Wayne, IN 46814 karenruperteedwerdjones.com 263-4760 Making Sense of Investing 901 Chestrut Hils Parkway Fort Wayne, IN 46814 7525 West Jetferson Bivd. Fort Wayne, IN 46804 6525 Corstitution Dr. Fort Wayne. IN 40804 414 S. Scom Rd. Fort Wayne, IN 4814 14413 linois Rd Ste Fort Wayne, IN 46814 625-5700 Making Sense of wvesting 432-0304 Making Sense of investing 478-8038 Making Sense of Investing 444-3134 Making Sense of Investing 399-5853 Making Sense of Investing 625-3524 Making Sense of Investing Financial Focus What does retirement security mean to you? counts, and you and your spouse are in good health such as long-term care insurance or life insurance October is National Retirement Security Month. But what does retirement security mean to you? And with a family history of longevity, you may consider with a long-term care component. how can you work toward achieving it? Here are some suggestions: Build your resources. While you're working, save in tax-advantaged accounts such as your IRA and 401(k) or similar employer-sponsored retirement plan. In your 401(k), contribute at least enough to earn your employer's match, if one is offered, and in- housing and transportation, but other expenses are crease your contributions whenever your salary goes more irregular and can't always be predicted, such as up. Remember, especially early in your career, time is often your biggest asset. Be sure to save early, since care, you could easily spend a few thousand dollars a eficiaries can also help protect your assets and ensure the longer you wait, the more you'll need to save to help reach your goals. · Look for ways to boost retirement income. When transitioning to retirement, you can take steps may also want to consider the possibility of needing tax advisor as well. to align your income with your needs. For example, consider Social Security. You can start collecting it as covered by Medicare and can be quite expensive. The rity and developing and executing a strategy aligned early as 62, but your monthly payments will be much average annual cost of a private room in a nursing larger if you can wait until your "full" retirement age, home is more than $100,000, and it's about $55,000 most rewarding times of your life. typically between 66 and 67. (Payments will "max out" at age 70.) So, if you have sufficient income from worth, an insurance company. To address these costs, for use by your local Edward Jones Financial Advisor. a pension or your 401(k) and other retirement ac- delaying taking Social Security. You also might want to explore other income-producing vehicles, such as certain annuities that are designed to provide a lifetime income stream. Prepare for unexpected costs. During your retirement, you can anticipate some costs, such as Do your estate planning. It's hard to feel totally secure in retirement if you're unsure of what might happen if you have an unexpected health event, become incapacitated or die earlier than expected. Thats why you'll want to create a comprehensive estate plan one that might include documents such as a durable power of attorney, a will and a living trust. A review of your insurance coverages and ben- those connected with health care. Even with Medi- they are distributed the way you want. In creating year on medical expenses, so you may want to bud- get for these costs as part of your emergency savings, your plan, you will need to work with your financial and possibly purchase supplemental insurance. You advisor and a legal professional, and possibly your some type of long-term care, which is not typically Thinking holistically about your retirement secu- with your goals may help free you to enjoy one of the per year for a home health aide, according to Gen- This article was written by Edward Jones you may want to consider some form of protection, Edward Jones, Member SIPC Edward Jones Michael C. Caley AAMS Pam Covington CFP" AAMS Edward Jones Edward Jones Sean P. Asiala AAMS Edward Jones Tod Heisler AAMS Edward Jones Jason Korner CFP Edward Jones Quinn Nofziger Edward Jones Gwen Ruppert Edward Jones Karen Rupert Financial Advisor Financial Advisor Financial Advisor 7329 West Jetferson Blvd Fort Wayne. IN 46804 Financial Advisor Financial Advisor Financial Advisor Financial Advisor 7030 Ponne inverness Way. Sute 125 Fort Wayne, IN 46804 432-3613 Making Sense of Investing Financial Advisor 7127 Homestead Rd, Suite C Fort Wayne, IN 46814 karenruperteedwerdjones.com 263-4760 Making Sense of Investing 901 Chestrut Hils Parkway Fort Wayne, IN 46814 7525 West Jetferson Bivd. Fort Wayne, IN 46804 6525 Corstitution Dr. Fort Wayne. IN 40804 414 S. Scom Rd. Fort Wayne, IN 4814 14413 linois Rd Ste Fort Wayne, IN 46814 625-5700 Making Sense of wvesting 432-0304 Making Sense of investing 478-8038 Making Sense of Investing 444-3134 Making Sense of Investing 399-5853 Making Sense of Investing 625-3524 Making Sense of Investing