October 2020

Greetings! In the October 2020 Update, you will find:

“It’s Never Too Late” Blog Post
In the News and Updates
Article – The Bull Is Back… Will It Keep Charging?

“It’s Never Too Late”

In July, I read an inspiring article about a man named Stan Stark who was planning to kayak the entire Mississippi River starting at its headwaters at Lake Itasca, located in Itasca State Park in Northern Minnesota all the way to the Gulf of Mexico. Completing the nearly 2,400-mile trek in itself along a river that has around 30 locks and dams and navigating around a significant amount of commercial barge traffic seemed like quite a feat. But what I found absolutely incredible was that Stan is looking to become the oldest person to complete the voyage at 81 years old. If he succeeds, he will break a world record set by his friend, Dale Sanders, who was 80 when he completed his trek.

Stan is a retired Navy Seabee who has been an avid kayaker for over 20 years and enjoys being a part of nature. In the article I read Stan was quoted as saying, “I thought I’d maybe give a little inspiration to those of us who are let’s say, a little older than most. People who are my age, maybe 60 on up or 70 on up, you don’t have to roll over and play dead. A lot of folks you know, they grow old before they should grow old.” I would say that Stan has provided me a good dose of inspiration and I am much younger than 60!

Stan isn’t paddling the entire Mississippi River only to check off another item on his bucket list or to obtain a world record, he’s also doing it to raise money for Sarge’s Place, a homeless veterans’ outreach program located in Forks, Washington.

As I am writing this blog, Stan has already made it to Louisiana and is on the home stretch to complete his voyage. You can read more about Stan and his Mississippi River kayaking experience at www.stanthekayakingman.com. Truly amazing!

As you can see, it’s never too late to start your next adventure.

In the News/Updates:

Attention Medicare Users

The Medicare Open Enrollment Period begins October 15 and runs through December 7, during which time people with Medicare can make new choices and pick plans that work best for them. Each year, Medicare plan costs and coverage typically change. In addition, your health-care needs may have changed over the past year.

The Open Enrollment Period is your opportunity to switch Medicare health and prescription drug plans to better suit your needs for 2021. Click here to learn more about Medicare Open Enrollment.

October is Estate Planning Month.

More than 50% of American’s don’t have a will. If you don’t have a will, the state will decide who will inherit your assets and money rather than you so it’s important to make sure you have one and keep it updated!

The Bull Is Back… Will It Keep Charging?

In August, the S&P 500 set a record high sparking the fastest recovery in the history of the index, erasing losses from an equally historic plunge of almost 34% in February and March. Although the strong comeback is good news for investors, there is a striking disconnect between the buoyant market and an economy still struggling with high unemployment and a public health crisis.

These are extraordinary times, and traditional expectations and measures of value may not tell the whole story. Click here to read the article: The Bull Is Back… Will It Keep Charging?

I hope you enjoyed the newsletter. Please email me at cindy@fairtrustfinancial.com with any questions you have regarding planning for your future.  

Thank you! Cindy Turkington, CFP®, CDFA™ 

Mailing Address:855 Village Center Drive, #360 North Oaks, MN 55127





“There are no limitations to what you can do, have, or be except the limitations you place on yourself by your own thinking.”  - Brian Tracy, writer and motivational speaker