A quick note to our clients with 401k, 403b, 457, or various IRA accounts at Aspire Retirement Services:

First, we will be rebalancing your accounts at Aspire on Friday, December 15, 2017. Rebalancing means we shift your investment asset allocation back to their original intended percentages. We rebalance our client accounts at least once per year.

(In plain English, “rebalancing” means, for example, if you had an account that was set up to be 50% stocks and 50% fixed income investments, over time the actual percentages of those two types of investments will change, because some will rise in value and others may fall. So, an account that might have been intended to be a 50/50 mix of growth and income investments might find that after a few years of a good stock market, it’s now actually a 65%/35% account. That sounds great, but if the market were to drop suddenly, you would have exposed 65% of your money to a drop instead of the 50% you originally intended. In this example, rebalancing shifts us back to the original intended 50/50.)

Also, our Aspire account clients are being added to our new Client Portal this week! Look for your invitation to log in this weekend.

And finally, we’ve just crossed a pretty cool threshold at Aspire. Although we have several other custodians that hold client money, for the first time in our short history, we’ve crossed the $1 MILLION mark of assets managed at Aspire.

Thank you, Aspire clients! You’re one in a million!

If you have any questions about your Aspire account, including how to log in, rebalancing, or more, please email us today.