The market has fully recovered from the downturn of the fourth quarter of 2018, and we are in positive territory. Hitting all-time highs seems to be the norm. Credit markets are flourishing, and cash is available for business and consumer investment.

Real estate markets are looking at less inventory, so new construction in single-family and multifamily starts are increasing.

Consumer confidence is high. The holiday consumer spending is healthy although auto sales are lower than hoped by the manufacturers. I think that’s good news for anyone looking to get a new vehicle.

Believe it or not, Medicare supplement rates for folks new to Medicare are lower than they were 2 years ago. Medicare Part D plans remained very low cost for 2020. Many, not all, Medicare Advantage plans began to offer every extra goody imaginable; free dental, free vision, free transportation to and from the doctors, free over-the-counter items including vitamins and band aids (buyer beware of FREE). Nonetheless, the government has given Medicare Advantage plans free reign to offer the kitchen sink in efforts to get folks on the plans. Take advantage while the getting is good.

Our business is growing at a very healthy rate of 45%, same as last year and the year before. We have added staff to cover inbound calls, process client requests, and make sure we care for everyone needing our help. Every year we serve more and more clients; we never fail to answer the phones with live humans. All our voicemails are answered usually within the hour and always the same business day. This was a record year for referrals and new clients. I know I say that every year, but it is humbling to see so many new folks allowing our teams to help their friends and families throughout the United States.

I speak for all of us at American Retirement Advisors in wishing you a healthy and prosperous 2020.