Retirement Checkup

October 10, 2016

New Financial Start

Fall is the perfect time for a new start. The kids are back in school, the weather gets cooler, and it feels like
the world gets back to work after a leisurely summer vacation.

Fall Finances

Fall is also the perfect time to take another look at the finance forecast as well to see how it may affect your
retirement plan. To help you out, we’ve compiled a list of three things you need to be on the lookout for this fall
as you perform a checkup on your retirement.

  • Interest Rate Hike

    Interest rates are on the uphill swing! This can be good or bad, depending on your financial plan. If you’ve
    got money to earn, you will be making more than a fraction of a percentage (or at least a larger fraction of
    a percentage) on the money in your account.

    Avoid Financial Obligations

    However, if you plan to borrow money—for a mortgage or a new car, perhaps—you’ll be paying a higher interest
    rate on those. Our advice is to be especially wise about taking out loans this fall. Don’t borrow money if
    it can be avoided.

  • Election Volatility

    In 19 of the last of 22 election years, the markets have rallied, which is fantastic for investors. However,
    in the year after an election year, the markets are much more unpredictable. The market’s future is much
    more predictable—and most likely more stable—if Clinton wins the election, but analysts aren’t sure what
    will happen if Trump wins the presidency.

    Financial Advice

    Our advice is to keep an eye on the election and on the markets, talk with your financial advisor, and
    discuss what options are best for you. Be prepared for outcomes with either candidate so you can approach
    this election with peace of mind—as much as possible, anyways.

  • Medicare Enrollment

    Medicare open enrollment begins October 15 and runs until December 7 of this year. This is when you’ll enroll for
    Medicare, as well as get your supplements and advantage plans. If you want to have a good healthcare plan for 2017,
    make sure you enroll for Medicare during this window.

    Medicare Specialists

    You’ll also want to be aware of any policy changes, especially
    changes that would affect your healthcare plan. Our advice is to meet with a financial advisor and/or Medicare
    specialist on this. Ashton Strobelt has some fantastic associates who will assist you in planning for Medicare,
    answer any questions you have, and help you formulate a healthcare plan that will work best for you.

Review Your Portfolio

Make sure you are reviewing your portfolio regularly. As you near retirement, this should happen even more
frequently. Meet with your financial advisor to review your portfolio allocation, your estate plan, your retirement
plan, your healthcare plan, and your progress along the way. Make any adjustments you need to so you aren’t caught
off-guard you’re your retirement date is upon you.

Financial Questions

If you have any questions, call us to set up a free first appointment or email us directly at and we’ll gladly help you conduct your retirement checkup this fall!