As 2025 winds down, it’s the perfect time to pause, review, and make sure your financial plan is working for you. Whether your goals include preparing for retirement, building your savings, or protecting what matters most, taking a few intentional steps now can set you up for a stronger year ahead.
This simple checklist can help you finish the year with clarity and confidence.
1. Review Retirement Contributions
Before December 31, take a moment to look over your retirement accounts.
Check if you are on track to maximize contributions to your 401(k), IRA, or other plans.
If you are 50 or older, consider making catch-up contributions.
Even a small increase can make a meaningful difference over time.
2. Evaluate Your Tax Strategy
Year-end is a smart time to review your tax picture.
Look at potential deductions, credits, and tax-loss harvesting opportunities.
Make charitable contributions early so they are included for this year.
Confirm your withholding and estimated payments align with your expected tax situation.
3. Check Your Investment Mix
Market movement throughout the year can shift your portfolio.
Review your asset allocation to be sure it still reflects your goals and risk tolerance.
Rebalance if needed to stay on track.
Revisit your long-term objectives to keep your investment strategy aligned with your future plans.
4. Review Insurance Coverage
Life can change over the course of a year, and your insurance should reflect that.
Look over your life, disability, and long-term care insurance.
Make sure your beneficiaries are up to date.
Consider any policy adjustments needed to protect your family and assets.
5. Revisit Your Estate Plan
An updated estate plan can give your loved ones peace of mind.
Review wills, trusts, and powers of attorney.
Confirm your beneficiary designations reflect your current wishes.
If you have experienced major life changes, update your plan accordingly.
6. Set Your 2026 Goals
The end of the year is a great time to look forward.
Identify short- and long-term goals.
Revisit or create your budget for the new year.
Schedule a planning session with your advisor to make sure your financial plan reflects what matters most to you.
A little preparation now can go a long way toward creating peace of mind for the year ahead. By reviewing your finances before December 31, you can take advantage of opportunities, reduce stress, and keep your plan aligned with your goals.
If you would like support walking through your year-end checklist or planning for 2026, our team is ready to help!