Annual Checklist

• My life insurance policy is adequate
• My homeowners insurance policy is adequate
• My renters insurance is adequate (if applicable)
• My liability coverage is adequate
• My long term care coverage is adequate or I have sufficient assets to self insure
• My auto insurance is adequate
• My disability policy is adequate
• My health insurance is adequate

• The amount of risk in my portfolio is suitable to me and my long term goals
• I rebalance my portfolio as needed
• I review each individual position in my portfolio
• I have reviewed my allocation and diversification
• I have confirmed my investment goals and needs

• I have an emergency reserve of cash to last between 3 and 6 months
• I have the ability to cut my required expenses in half
• I have duplicate copies of all important documents stored away from home

• I have a financial plan and review it annually
• My withdrawal rate is sustainable for my long term goals (if applicable)
• I have taken my required minimum distribution (RMD) (if applicable)
• My contributions allow me to meet my future goals
• My assets are in the proper retirement vehicles
• My retirement savings process is automated

• The beneficiaries listed on my retirement accounts are up to date
• The beneficiaries listed on my insurance policies are up to date
• All my assets are titled appropriately
• I have a trust and will
• I have amended my trust and will as needed
• I have an incapacity plan with all proper documents
• I have reviewed my estate plan with my successor trustee

• My mortgage or rent costs are less than 20% of my budget
• My food costs are less than 10% of my budget
• My transportation expenses are less than 10% of my budget
• I have the lowest interest rates possible on my debt
• I have no credit card debt
• I have a credit report less than twelve months old
• My asset to debt ratio is 2:1 or better
• I save at least 5% of my income

• I have reviewed my tax return for accuracy
• I have made all estimated payments
• I am taking all applicable deductions
• I am taking all applicable credits
• I employ reasonable tax strategies

• My mortgage or rent costs are less than 20% of my budget
• My food costs are less than 10% of my budget
• My transportation expenses are less than 10% of my budget
• I have the lowest interest rates possible on my debt
• I have no credit card debt
• I have a credit report less than twelve months old
• My asset to debt ratio is 2:1 or better
• I save at least 5% of my income 

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