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THIS ARTICLE WAS WRITTEN BY EDWARD JONES FOR
This article was written by Edward Jones for
USE BY BRIAN CALLAWAY, FINANCIAL ADVISOR
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use by Brian Callaway, Financial Advisor
ou may
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Contribute as much as you can afford
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and by Edward Jones for
This to article
was written
use
by
Brian
Callaway,
Financial
Advisor
traditional
employer-sponsored
retirement
your
retirement
income.
As
mentioned
above,
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far,
we’ve
only
discussed
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like these
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protection
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employer’s
matching
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minimum
distributions”
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money,
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celebrate
the freedoms
in this
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unexpected
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as a major
car repair
U.S.
constitution
many
these
liberties,
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large
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Ideally,
should
keep and
this money
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were
become
ill or bill. suffer
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injury,
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have
it. However,
when
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earn
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while,
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these distributions from a Roth IRA.) Here are
how much you should take beyond your RMDs,
What steps can you take to achieve the financial funds quickly and without penalty. Aside from possibly
could
be jeopardized. some
Your employer
might For
offer one
you
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of the how
key much
RMD you
points
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independence
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fund also
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insurance
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we’ve
only
discussed
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your
401(k)
or
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retirement
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all your If accounts.
While lower the amounts you take from your 401(k) your
in the sufficient
year in growth
which potential
you turn
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and
freedom
through financial
methods security,
of saving you’ll
and investing.
But
plan. At a minimum, put in enough to to earn
your
help
ensure
your
family’s
also
growth-oriented
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as
stocks
and
stock-
take your
first RMD investments,
during
that
year,
you
must
IRA.
you
also
need to consider your protection need s, too.
employer’s matching contribution, if one need
is offered.
sufficient
life
insurance.
vehicles,
investment
risk,
you can of help
If you were
to become
ill or suffer is a the
serious
injury, and
If you
don’t
advantage
this match, you are Another
take it based
no later
than carry
April
1 of
the take
following
factor
to consider
size
You also might
want not to work
protect
yourself
from
the security
you
could
for
a
while,
your
financial
moderate
this
risk
by
also
including
other
investments,
essentially
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money
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the
table.
year. If you do put it off until April 1, you must
and composition of your investment portfolio
catastrophic
costs be of jeopardized.
long-term Your
care,
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employer
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take two distributions in
one
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insurance
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employee
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extended
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home
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average
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Another
way on
to gain
your you
financial
independence
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RMDs
time,
may have
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investments,
with so some
of need to
not be
your needs,
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a private
room
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nursing
home
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money is equally important. So make sure cost
you for
have
purchase
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additional you
coverage
on be your
own. And
liberate
yourself from
the shackles
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the IRS
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penalty
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all your
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2016
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of may
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Study
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your
family’s
security,
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have —
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portion
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insurance
Genworth.
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sufficient
life company
insurance.
based
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flow dates.
simply wasn’t sufficient to just Medicare
make times
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covers
only
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yourself from the
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meet our
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long-term
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You can take such
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401(k)
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of these expenses. You may want to consult of with
a as an
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of
debt,
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credit
card
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loan.
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home
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average
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more
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might
need
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about
ways
you on
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your the
financial independence
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cost for a private room in a nursing home is more than
more you can control Another
your debts,
the more
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from
the
long-term care burden.
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can’t withdraw less. always easy, of course – most of us have experienced
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insurance
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Genworth.
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suggestions,
you
can
go a need
long
way
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simply
sufficient
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One way
manage
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debt
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build wasn’t
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delay
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appropriate
withdrawal
for
all
declaring
your own financial independence.
meet our expenses, so we had to take on toward
some type
of these expenses. You may want to consult with a
emergency fund, containing
three
to six
months’ a loan. investments
an employer’s retirement
plan
if you’re
to ensure
outlive
of debt,
either
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credit card or your
But the taking
Consider
action
soon. you to won’t
financial
professional
learn about ways you can
D
i
Y
F
D
more you
can control your
debts, the more
money
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working. If your employer’s
retirement
plan
your
money.
financial
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yourself professional
from the long-term
care help
burden.
have to save and invest for your future.
or not
stop have
by our to office
more information
to schedule this
a rate. Do whatever it takes to
permits it, you Call
may
take for
RMDs
you or calculate
By following
these suggestions, you can go a long way
complimentary
portfolio
review.
One way
to manage your
debt load
is to build an
toward
declaring
your your
own IRA
financial
maximize your
benefits
from
and independence.
401(k).
emergency fund, containing
three
to six
months’
Making
Sense
of
Investing.
Consider
taking
action
soon.
older. However, this exception won’t apply if
They’re valuable assets – so use them wisely.
if you are still working and you are 70-1/2 or
Brian Callaway
you own 5 percent or more of your
To for more information or to schedule a
Call Financial
or company.
stop by Advsior
our office
complimentary portfolio review.
863 for
Flat more
Shoals
Road, Suite
300,
Conyers,
GA 30094 portfolio review.
Call or stop by our office
information
or to
schedule
a complimentary
Making Sense of Investing.
770-918-0725
www.edwardjones.com
Edward Jones - • Making
Sense
of Investing.
Brian
Callaway
Member
SIPC Financial
Brian Callaway
(Financial
Advisor)
Advsior
863 Suite
Flat Shoals
Suite 300,
Conyers, GA 30094
863 Flat Shoals Road,
300, Road,
Conyers,
GA 30094
• www.edwardjones.com
770.918.0725 770-918-0725
- www.edwardjones.com
A B OU T Member
M A GA
Z I N ES CONY E R S · NO V E M B E R 2 017
SIPC
Member SIPC
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