Halfway through the year has a way of sneaking up on you. Before summer gets fully underway, it’s worth taking a quick look at where things stand financially. Nothing major. Just a check-in.
Here are a few things we like to walk through with clients this time of year:
Are your contributions on track?
If you got a raise earlier this year and haven’t adjusted your 401(k) or IRA contributions, now’s a good time to do that.
When did you last look at your beneficiaries?
Life moves fast. A marriage, a new baby, a loss — beneficiary designations are easy to forget and really important to keep current.
Any surprises on the tax front?
If your income changed or you had a big distribution, a quick check now can save you from an unpleasant April. There’s still time to plan around it.
Does your portfolio match your return expectations?
It’s easy to look at market headlines and feel like your investments should be doing more—or, conversely, to feel like you want to pull back and protect what you’ve built. But a crucial rule of investing is that risk and return always go hand in hand.
Has anything shifted in your life this year?
A new job, a move, a kid getting closer to college — these are exactly the kinds of things we want to know about. Your plan should always reflect where you are right now, and keeping us in the loop is the best way to make sure it does.
If any of this has been on your mind, let’s talk. That’s exactly what we’re here for.