Friday, July 20, 2012

10 Wealth-Building Strategies to Improve Financial Health - Fabian ...

10 Wealth-Building Strategies to Improve Financial Health

Written by Dani, July 19th, 2012

Here is our checklist of 10 items that we look for with any new client or annual review. We suggest that you keep these in mind as you go over your portfolio and make investment choices, and as always please call us at 1-800-391-1118 with any questions.

  1. Lower fees (look at lower-cost choices for your investments)
  2. Lower risk
  3. Improve cash flow
  4. Inform your spouse (have the conversation about where and why your money is invested)
  5. Be prepared for taxes
  6. Compare and contrast financial products (life insurance, annuities, long-term care insurance, etc.)
  7. Simplify your portfolio
  8. Consolidate retirement accounts
  9. Review your trust, will, power of attorney, etc.
  10. Plan your next investment move

This is a podcast summary. For more complete details, please listen to the full podcast here.

Source: http://www.fabianwealth.com/blog/2012/07/19/10-wealth-building-strategies-to-improve-financial-health/

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