New Year Planning Tips and Resources

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 Plancorp team By: Plancorp team
As we begin the new year, this is the time to review your financial plan and work towards a successful financial plan for 2021. In this video Peter Lazaroff, Chief Investment Officer and Daniel Lee, Senior Wealth Manager give their top financial planning tips. You will find a list of their tips as well as the resources mentioned below. 

Financial Planning List

  1. Review your Net Worth statement. Don't have one? Download our free worksheet below.
  2. Have a conversation about your money goals with your significant other (or anyone else that may be affected by your finances).
  3. Start setting money aside for any major expenses you expect to have in the coming year. 
  4. Come up with a budget for all your gift giving and start setting aside money for that. This includes birthdays and the holidays. 
  5. Do your tax planning ahead of time. Consider donor advised funds or roth conversions.

FREE RESOURCES
plancorp-net-worth_thumbnail plancorp-goal-planning_thumbnail Cash Flow worksheet pages graphic plancorp-estate-planning_thumbnail

Net Worth WORKSHEET

Goal Planning WORKSHEET

Cash Flow WORKSHEET

Estate Planning MEMO

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Disclaimer: This material has been prepared for informational purposes only and should not be used as investment, tax, legal or accounting advice. All investing involves risk. Past performance is no guarantee of future results. Diversification does not ensure a profit or guarantee against a loss. You should consult your own tax, legal and accounting advisors.

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Plancorp started with a unique philosophy: Always put your clients’ interests ahead of your own, and you’ll build a successful business. That was in 1983, but the sentiment still drives every decision we make. After 35 years of helping individuals, families and business owners plan for financial independence, our commitment to serving as financial life advocates is stronger than ever. More »