Annual Review Meeting Agenda
Update client information
______ Address/phone/email changes
______ Sale of a home, business, major asset transfer
______ Family changes - marriages, divorces, births, deaths
______ Career changes
______ Client health concerns
Review of Economic/Political Events
______ Retirement/Estate/Tax legislation
______ Inflation/interest rate adjustments
Debt Management
______ Compare interest rates on home loans and consider refinancing
______ Consolidate student loans
______ Assess level of debt and implement a plan to reduce it
Investments
______ Revisit risk tolerance
______ Review entire portfolio and identify gaps
______ Examine performance of each investment
______ Adjust asset allocation as needed
Financial Planning Issues by Age
______ Age 50: Make catch-up contributions to IRAs
______ Age 55: Consider 401(k) distributions
______ Age 59½: Eligible for distributions from IRAs without penalties
______ Age 62-70: Apply for Social Security benefits
______ Age 65: Apply for Medicare
______ Age 70½: Start taking required minimum distributions from IRAs
Retirement Planning
______ Health savings accounts, pension plans, IRAs, small business plans
______ Post-retirement lifestyle
______ Current income/adjustments
Insurance Needs
______ Health/disability/life/auto
Long-Term Care
______ Review needs of family members
______ Purchase LTC insurance or devise a plan to self-insure