(1) Review your financial goals or objectives; amend those if your situation has changed. If you don't have a plan; start one NOW.
(2) Review your current investments; and determine if they still meet your objectives and risk tolerence. How is the performance? Are you getting the service from your broker that you need? Rebalancing and/or change of broker may be warranted.
(3) Maximine your retirement savings through your employer provided plans and other opportunities such as IRA's.
(4) Start a College Savings Plan, such as a 529 plan for your children, grandchildren, or other loved ones.
(5) Check the adequacy of you insurance coverage for life, health, disability, and other necessary insurance. Be sure to review and update beneficiaries as necessary to relect marriages, deaths, births, and any other important changes.
(6) Seek an attorney about creating or updating your Will and other legal documents related to end of life issues.
ALWAYS SEEK COMPETENT PROFESSIONAL ADVICE BEFORE TAKING ACTION ON THE ABOVE.
Frank Coppola, CPA
http://my.hdvest.com/FrankCoppola
2212 Branch Pike Cinnaminson, NJ 08077-3246
Phone: (856) 786-8219
Visit my web site for additional services and support: LawrenceYerkes.com
and visit BestProperties-NJ.com to learn more about our commercial services and resources.
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