​

Your October enewsletter: What is scaring retirees this Halloween

​

​

Hi Reader,

​

While your children or grandchildren may be spending the rest of the month worried about ghosts, ghouls, and skeletons, we know that there are probably other fears keeping you up at night. Survey after survey finds that retirees and those planning for retirement are most afraid of three key items:

• Running out of money in retirement
• Inflation
• Long-term care

In fact, a recent survey found that 61% of people fear retirement more than death, and 64% fear retirement more than divorce!

​

The fear of running out of money can lead to substantial underspending, especially during the early years of retirement. We can help guide you with sustainable withdrawal amounts from your retirement accounts, and give you confidence to enjoy the best years of your retirement.

Inflation poses a significant risk to retirees. However, there are many options available to help you combat its long-term impacts. Whether it's small steps like earning more interest on your cash, or larger strategies like avoiding locking up too much of your retirement savings in fixed income early on, we can help you build a retirement portfolio designed to preserve your purchasing power.

And finally, if the prospect of long-term care expenses is keeping you up at night, know that we can help evaluate the different types of long-term care insurance, or create a plan to help ensure you can self-insure if needed.

​

If any of these issues - or anything else - are keeping you up at night, please let us know. You can always simply reply to this email or give us a call to have us help create a plan that addresses your concerns.

​

Have a wonderful rest of the month,

The Arnold & Mote Team

October Webinar - Annuities 101

Earlier this year, we included a survey in our newsletter asking for interest in future webinar topics.

The most popular response led to our webinar on "The Only 2 Annuities We Would Recommend", where we covered SPIA (Single Premium Immediate Annuities) and QLACs (Qualified Longevity Annuity Contracts).

The second most popular topic in the survey was a request for a webinar on the basics of annuities, and that is what we will cover this month.

We feel this is an especially important topic for you to gain an unbiased perspective. The annuity industry is fraught with bad advice from highly commissioned sales agents touting the "benefits" of tax-deferred growth, guaranteed income, and protection of your savings.

As a reminder, we at Arnold & Mote are fiduciary, fee-only, flat-fee advisors who are never paid commissions for products we recommend. Our fees do not increase or decrease if a client purchases an annuity. For that reason, we believe we are one of the few who can provide unbiased information on these products.

​

In this webinar we'll cover:

• The variety of annuity types and why we avoid most of them
• How many annuities often increase your total tax liability
• Typical fees in an annuity and the commissions that agents are paid for annuity sales
• Pros and Cons of alternatives to annuities

​

Join us at noon Central Time on Friday, October 25th for the live broadcast, which will be streamed on our YouTube channel here:

​

Want a reminder before we go live? Click the button above and subscribe to our channel to be notified as the webinar begins:

​

If you can't attend live, a replay of the webinar will be accessible immediately after and available alongside recordings of all previous webinars on our YouTube channel.

​

If there are questions you'd like to have answered, simply reply to this email and let us know!

​

Last Month's Webinar Recording

If you missed last month's webinar, here is the recording of "The Dangers of Dividend Investing - The Benefits of Total Return Investing"

​

From the Blog: How to Lower Your AGI: The Benefits of Tax Planning​

Tax planning can provide significant benefits, such as qualifying for additional tax credits or deductions and avoiding surcharges (like Medicare IRMAA). In this blog post, we highlight a few common ways to reduce your taxable income and maintain access to tax-saving strategies. We also cover common tax credits and deductions that may be available to you, depending on your stage of life or financial plan.

​

Arnold & Mote in the Press

USA Today: How is CD Interest Taxed?​

The rise in interest rates from a few years ago has led to many households receiving thousands of dollars more in interest from their savings this year, particularly those who invested significantly in CDs.

This is not always an issue; it is generally beneficial to earn more money in interest! However, some situations require considering the overall cost of additional taxable interest and exploring alternatives to CDs that have a smaller tax impact, such as Treasury bonds or municipal bonds.

We were interviewed for this guide in USA Today on the taxation of CDs, and key considerations for filing your tax returns.

​

​

See our other recent press mentions on our Press Page.

​

Looking for Something From a Prior Newsletter?

As a reminder, you can now find the last 12 months of our newsletters here:

​

Whether you’re new and want to browse newsletters you missed or are trying to follow up on a topic from a few months ago, we’re now publishing all newsletters at the link above. We'll also keep this link at the bottom of all future newsletters.

​

​

Quinn and the Arnold & Mote Wealth Management Team

(319) 393-4020

​Send us a message​

​

​

​Contact Us | Blog | arnoldmotewealthmanagement.com​

​Facebook | LinkedIn | YouTube​

​

You are receiving this newsletter because we've talked with you in the past about financial planning and wealth management. Privacy Policy​

​