Are you planning to retire in the coming year? If so, this is likely an exciting time. You’re probably busy wrapping up final projects at work and planning for fun and exciting ways to fill your time after you retire.
While you may have a full plate right now, this is also a good time to analyze your financial strategy and take any outstanding planning steps. Of course, you may not know what steps you need to take. Retirement can be a significant financial challenge. It can be difficult to know what risks you may face.
Do you have a list of New Year’s resolutions? Does that list include financial goals and objectives, like paying down debt or boosting your savings? Now is the perfect time to analyze your financial situation and develop a list of action items. A regular annual financial checkup can help you stay on top of potential risks and on track to meet your biggest financial goals.
However, if you’re not in the habit of regularly reviewing your financial needs and goals, you may not know where to begin. Below are three items to include on your financial checklist. If you haven’t reviewed these items recently, the beginning of the year may be the perfect time to do so.
First Fidelity Group
With more than 39 years of experience and knowledge, we've seen it all. We understand each client is unique and faces different challenges.