Main Content

Blog Top

It’s a Great Time to Review Financial Goals

AddToAny buttons

It’s a Great Time to Review Financial Goals


October is Financial Planning Month, which makes it a good time to review your financial goals.

Review Financial Goals
Review your budget

Is it still working for you or do you need to make changes? If you haven’t made one, consider creating one.

7 Budgeting Tips for Every Type of Budgeter

Evaluate the status of your emergency or special funds

Financial experts advise saving at least three to six months of living expenses in an emergency fund. How are you doing with that? Is there something else you can do to get to that goal? In addition, if you haven’t started a fund for items such as vacations or the holidays, consider doing that today. These special funds can help you avoid debt, especially come January.

Look over your retirement plans

With October 20-26 also being National Retirement Security Week, this is a great opportunity to see if you’re on the right track. Make sure your investments are solid and still providing a path toward a stable retirement. Do you need to increase or decrease the amount you’re investing?

Examine your legal documents

Go through all of your insurance policies (including life), retirement plan documents, and wills or trusts. Is everything up to date? Do you need to make revisions?