2021 Financial ChecklistInvesting Financial Planning Taxes Social Security Insurance
April is Financial Literacy Month and the perfect time to share our financial checklist again. We created our checklist in January of 2020, as we began a new decade, to help people take a fresh look at their financials.
As Financial Advisors, we are dedicated to educating our clients and our community about the importance of their financial health.
We hope you find this checklist helpful! You can download the checklist here:
Things to review:
☐ Life Insurance Needs
☐ Car Insurance Quotes
☐ Homeowner’s Insurance
☐ Annual Credit Report
☐ 2020 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.