Johndrow Wealth Management

What's the BEST way to pay down student loans? 👀 The answer is different for E V E R Y O N E. Give us a call to see which option is best for you! Drop a 📚 emoji down below if you currently have student loans! *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

THE ELECTION IS ONE WEEK AWAY...🗳️ ...do you know who you're voting for? 🚨 Remember: Keep your politics OUT of your portfolio! *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

Is the Roth 401(k) right for YOU? 🫵 One important factor to consider is INCOME! 👇 👉 High Current Income: If you are in a high tax bracket now but expect to retire in a lower bracket, a traditional 401(k) may be more advantageous. 👉 Lower Income: If your current income is lower, contributing to a Roth 401(k) might be more appealing since you'll pay taxes at a lower rate. *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

If the zipline = retirement planning then COUNT 👏 US 👏 IN! We will emphasize the importance of that zipline ride forever and always! 😉 Give us a call to get started on your zipline ride to retirement! 🎢 *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

LOVE IS BLIND...TRUST 🫢 Have you heard of a blind trust? A blind trust is a type of trust used to manage assets in a way that the beneficiaries do not have knowledge of the assets or how they are being managed. What questions do you have on blind trusts? Drop 'em below! *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

We are under TWO WEEKS AWAY from the 2024 Women Advisor Summit! 🎉 The InvestmentNews Women Advisor Summit will take place on November 6, 2024, at Tribeca Rooftop + 360° in New York City! 💫 This event is dedicated to celebrating the growth and empowering women in the wealth management industry. 💫 The summit is a unique platform where women advisors and their allies can connect, share experiences, and explore the latest industry trends. 💫 Our very own Maggie Johndrow will be speaking on a panel, as well as our managing partner, Becca Hajar from Commonwealth Financial Network. 💫 Attendees will enjoy a seamless experience filled with insightful sessions, interactive workshops, and invaluable networking opportunities. Get ready to enjoy a day of community, connection and professional development! Register now at the link below! 😊 https://lnkd.in/eHunTQd5 *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

LET'S TALK STOCKS 👏 When it comes to the stock market, you ideally want to buy low and sell high! Lately, the stocks have faced a decline, so now may be the time to consider whether or not to invest. Are you scared to invest when the stocks are lower? 🤔 *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®. **Investments are subject to risk, including loss of principal, and there is no guarantee that any investing goal will be met. Talk to your financial advisor before making any investing decisions.

WHEN SHOULD YOU START YOUR SOCIAL SECURITY BENEFITS? 👇 Here are some key points to consider: 🌟 Age: You can begin receiving benefits as early as age 62, but your monthly payments will be lower if you start early. The full retirement age varies between 66-67, depending on your birth year. If you wait until after your FRA, your benefits increase until age 70. 🌟 Financial Needs: Consider your current financial situation. If you need the income to cover expenses, it might make sense to start benefits early. If you can afford to wait, you could receive higher monthly payments later. 🌟 Longevity: Think about your health and family history. If you expect to live longer, delaying benefits can lead to more total income over time. 🌟 Work Status: If you plan to keep working while receiving benefits before your FRA, your benefits may be reduced if you earn above a certain threshold. 🌟 Spousal Benefits: If you're married, consider how your decision might affect spousal benefits, especially if one spouse has significantly higher earnings. 🌟 Tax Implications: Social Security benefits can be taxable, so consider how starting benefits at different times may affect your tax situation. Are you unsure when to start collecting? Drop your questions in the comments so we can help you out! 😎 *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

📣 LOUDER FOR THE PEOPLE IN THE BACK! 👏 "Pay yourself first" is a budgeting strategy that involves putting money aside for savings before spending it on other things. It's also known as "reverse budgeting" because it prioritizes savings over expenses. Have you tried paying yourself first? 😉 *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.

WE KNOW YOU WANNA PIZZA THIS! 🍕 Have you noticed pizza prices have gone up lately? Unfortunately, the price of pizza will always continue to go up, due to the inevitable inflation. So, cut down on spending when you need to, but otherwise keep on chowing down! 😋 What's your favorite pizza topping? 🧀 *Securities and advisory services offered through Commonwealth Financial Network ®, member FINRA/SIPC, a registered investment adviser. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network ®.