‘Tis the Season for Financial Planning

If you are anything like me you perhaps have a love/hate relationship with the holiday season.  I love spending time with my family, seeing the excitement when they open their gifts and of course partaking in delicious desserts.  However the holidays also tends to come with long lines at the stores (after you’ve faced off with others drivers battling for that one spot left in the parking lot), painstakingly prepping the house for big gatherings and just a hectic schedule all around.  At times I feel like I’m living the 12 days of Christmas and other days the 12 pains of Christmas.  But as much as I might gripe from time to time, I wouldn’t change it for the world. Like many others I just have to put things in perspective and realize that the hustle and bustle of the holidays will be over before we know it and I’ll soon have time to get to all of the things that I’ve been adding to the ‘to do’ list over the last few months.

You see, the New Year is typically a time of reflection, a time to make life changes, ideally for the better.  Many put a focus on their physical health after the first of the year, but I would also recommend taking a good hard look at your financial health as well.  I was recently interviewed on this very topic by Maya Kachroo-Levine, a writer for Forbes.  Maya specializes in covering financial and money matters that millennials face, however, the necessary steps that we outlined are very much beneficial for all investors.

Everyone is different.  Your goals are unique to you.  When I meet with clients at Unified Trust, it’s important for me to learn as much as I can about them.  Then we’re able to develop a personalized plan to help them achieve their goals based on their specific situation or stage of life.  The conversation will likely be very different based on where you are on your time horizon; we’ll discuss income distribution strategies with near retirement and retired clients; ways to start investing with new professionals; and accumulation strategies with clients in the middle stage of their investment lifetime.

At Unified Trust, we counsel clients to place value on having a personalized strategy for accomplishing their goal, whatever that goal may be.  And as a nationally chartered trust company, we operate in their best interest to help them achieve those goals.

Take a moment to read the 8 steps outlined in this article to see how these principles can help you better align your actions with your goals.  These are great steps to get started or perhaps help you refocus on your financial health.  And whether you are more of a 12 days or a 12 pains kind of person (or a little of both like myself) enjoy every moment of it as it goes by too fast.  When you are ready to reflect in 2017 know that we’re only a phone call away and happy to help you on the path to financial success.