Asset Spring Cleaning
March 23, 2023
You have heard of spring cleaning your house, but your financial assets need the same attention.
You worked hard for what you have saved and you should take time to make sure everything is in good order.
This month, we encourage you to list your assets and evaluate them. Here is your checklist:
- Home
Determine how close you are to paying off your mortgage and make sure you can afford the same expense in retirement. - Car
Conduct any maintenance that needs to be done and determine how close you are to paying off your car. - Portfolio
Reassess your portfolio to ensure your goals and retirement timeline align with your strategy. - Will
Make sure you have a will in place and have designated beneficiaries for all of your assets.
Once you have completed the checklist above, we hope you feel confident in the state of your assets. We understand it is a lot of work, but we are here to help. Our job is to take inventory of your assets to determine the role they each play in your retirement plan. If you have questions about your current plan or would like to get expert advice on how to get started, contact our office to schedule your complimentary consultation.
We look forward to helping you!