Disclaimer

As a full-service financial services company, Johnson Financial Group and its affiliates, Johnson Bank and Johnson Wealth, Inc. (together, “Johnson Financial Group”), provide the following report for informational purposes and as a courtesy to you. The report is a diagnostic tool based upon financial information provided by you and illustrates how accepted financial and estate planning principles may improve your current situation. It does not constitute a recommendation of any particular technique. All reports should be reviewed in conjunction with your Base Facts and this Disclaimer page. We recommend that you review your financial plan annually, unless changes in your personal or financial circumstances require more frequent review.

The term "plan" or "planning," when used within this report, does not imply that a recommendation has been made to implement one or more financial plans or make a particular investment. Nor does the plan or report provide legal, accounting, financial, tax or other advice. Rather, the report and the illustrations therein provide a summary of potential financial strategies. The reports provide projections based on various assumptions and are therefore hypothetical in nature and not guarantees of investment returns. You should consult your tax and/or legal advisors before implementing any transactions and/or strategies concerning your finances.

This report may not reflect all holdings or transactions, their costs, or proceeds received by you. Additionally, it may contain information on assets or accounts that are not serviced by Johnson Financial Group. As such, those assets may not be reported through Johnson Financial Group and included in your report. Prices that may be indicated in this report are obtained from sources we consider reliable but are not guaranteed. Past performance is no guarantee of future performance and it is important to realize that actual results may differ from the projections contained in this report. The presentation of investment returns set forth in this report does not reflect the deduction of any commissions or fees, including management or advisory fees charged by Johnson Financial Group, unless entered by your Financial Advisor. Deduction of such charges will result in a lower rate of return.

It is important to compare the information on this report with the statements you receive from the custodian(s) for your account(s). Please note that there may be minor variations due to calculation methodologies. If you have any questions, please contact your Financial Advisor.

The information contained in this report is not written or intended as financial, tax or legal advice. The information provided herein may not be relied on for purposes of avoiding any federal tax penalties. You are encouraged to seek financial, tax and legal advice from your financial, tax and legal advisors.

Tools such as the Monte Carlo simulation will yield different results depending on the variables inputted, and the assumptions underlying the calculation. For those reports that perform a Monte Carlo analysis, the term 'Monte Carlo' will be included in the report title. The assumed rates of return are based on J.P. Morgan's Long-Term Capital Market Assumptions which provide forward-looking risk and return expectations, over a 10- to 15-year horizon, for more than 50 asset and strategy classes. Since the market data used to generate these rates of return change over time your results will vary with each use over time.

Monte Carlo Analysis is a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments.

The Monte Carlo simulation uses at most 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.

The outcomes presented using the Monte Carlo simulation represent only a few of the many possible outcomes. Since market conditions may not be repeated in the future, your investment goals may not be fulfilled by following advice that is based on the projections.

No liability is assumed resulting from the use of the information contained in this financial report. Responsibilities for financial decisions are assumed by you. You should seek the guidance of your financial, tax and legal advisors before proceeding with any investment decision.

Johnson Financial Group is a privately-held, financial services company offering banking, investment, and wealth management services to individuals, families and institutions through offices in Wisconsin. Johnson Bank and Johnson Wealth, Inc. are affiliates of Johnson Financial Group. Financial Advisors employed by Johnson Wealth, Inc., an SEC registered investment adviser, are Investment Advisor Representatives of Johnson Wealth.

Johnson Investment Services is a division of Johnson Bank and offers investment products through LPL Financial, a third-party provider of brokerage services. Financial Advisors offering products through LPL Financial are Registered Representatives of LPL Financial, member FINRA/SIPC. LPL Financial, a Registered Broker Dealer & Registered Investment Advisor, and its affiliated insurance agencies offer securities, advisory services, and certain insurance products. LPL Financial is not affiliated with Johnson Bank, Johnson Wealth, Inc., Johnson Investment Services, or Johnson Financial Group.

Non-depository investment products offered through Johnson Financial Group and LPL Financial are: not FDIC insured; not deposits of, obligations of, or guaranteed by any bank, and; subject to investment risk, including loss of principal amount invested.