Where Are You Now?
Times of crisis are extremely stressful. They can either shut us down or spring us into action. If you’re struggling with springing into action, we have a show full of action steps. We hope that it gets you fired up about your financial health even as our reality changes weekly.
Here’s your financial inventory checklist:
o Compare your portfolio to the stock market. Did you do the same, better or worse? Now would be a good time to evaluate your risk tolerance for the future
o Have you reevaluated your will or trust with an attorney?
o Double check your beneficiaries on all your financial/investment accounts
o Reassess your emergency funds. If you need more than what you’ve saved, what other accounts can you draw from?
o Consider pushing back your retirement date – those who pivot plans easily tend to do better in the long run