There is no disputing the last few weeks in the markets have been challenging. Everyone is trying to predict how deep the declines will go and memories of 2008 and “corrections” are forefront on the minds of investors. The news media sensationalizes the market’s performance, but what does the recent volatility mean and how should investors view it? Most importantly, what does it mean for you?
December sure is a busy month! With all the holiday parties, family events, and career related tasks, it would be easy to forget to check in on your financial plan, but that could be a costly mistake! By taking just a few simple steps, you can save on your tax bill, and take advantage of some great retirement plan opportunities. So, before the year gets away from us, let’s take a look at your Year-End Financial Planning Checklist.
We live in a “do-it-yourself” world. Want to know how to fix your dryer? Hop on YouTube and get it fixed in a jiffy. Want to learn how to decorate cookies for your child’s birthday party? There’s a video tutorial for that too! But, what if you want to build and manage your own financial portfolio or be your own financial advisor? Can you be a “do-it-yourself” financial advisor?
Have you ever had to make a “course correction” in your life? Maybe you were sailing and realized the waves had taken you off course and if you didn’t make a change, you could end up on the rocks. The same can be true in retirement planning. There will be times in your retirement journey that you’ll feel like you need to make a “course correction”. When that happens, what should you do and when is the time to do it?
Your life is busy…that's not a revelation, it's just a fact. Between a career, family, and the attempt to achieve some kind of balance with it all, most people are looking for something…anything…that can make their lives simpler. Consider for a moment, what if you could find simplicity in your financial planning?