2020 Financial ChecklistInvesting Financial Planning Taxes Social Security Insurance
Start the new decade with a fresh look at your financials.
Here is a checklist to get you started:
You can download the checklist here - 2020 Financial Checklist.pdf
Things to review:
☐ Life Insurance Needs
☐ Car Insurance Quotes
☐ Homeowner’s Insurance
☐ Annual Credit Report
☐ 2019 Spending Summary
What to plan for:
☐ SECURE ACT retirement and tax changes
☐ Income strategy for retirement
☐ Major expenses
☐ Managing capital gains taxes
Questions to ask:
☐ Does my portfolio need to be rebalanced?
☐ Do I have any sustainable investments?
☐ How much risk am I taking?
☐ What are my different Social Security options?
Make sure to update:
☐ Beneficiaries on life insurance policies
☐ Beneficiaries on IRAs and 401(k)s
☐ Digital Estate Plan
☐ Powers of Attorney and Living Wills
Please contact the Baron Financial Group Team for help in taking a fresh look at your financials for 2020.