Johnston Investment Counsel

Life the Way You Planned It…

Johnston Investment Counsel (JIC) is an independent, fee-only, comprehensive financial planning, investment management and consulting firm that has been in business since 1997. We are fiduciaries working with both individual and institutional clients.

JIC understands that today’s financial lives are complicated. Our financial planning process seeks to reduce our clients’ financial concerns allowing them to focus on life’s more important activities.

From our physical headquarters is in Peoria, Illinois, we serve clients throughout Illinois, the nation and internationally.

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Recent News & Information

How Safe Are Your Revenue Bonds?

How Safe Are Your Revenue Bonds?

In case you didn’t know, the U.S. territory of Puerto Rico is in financial hardship. The country issued about $120 billion in municipal bonds and now cannot pay the interest let alone the principal. The bonds were easy to sell because yields on Puerto Rico bonds are tax-free for federal and state income […]

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Profiting From Marijuana

Profiting From Marijuana

Marijuana legalization is a very divisive topic in the United States. One aspect that both sides can agree on is the potential tax revenue to be gained by legalizing recreational use. But how much tax revenue are we talking about?

A recent article in Forbes magazine reported that ten states now have legalized pot sales, […]

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A Social Security Solution?

A Social Security Solution?

We’ve heard that the Social Security trust fund could run out of money by 2034. But what does that mean? The recent Trustees’ Report provides some clues.

The estimate (based on the number of workers paying into the system, their wages, and those receiving benefits) is that in 2034 payroll taxes will […]

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