When to Review and Update Your Financial Plan | Trust Point

How often should you review or update your financial plan? A financial plan isn’t something you create once and put on a shelf. It should evolve as your life, finances and priorities change. Approaching retirement, changing jobs, receiving an inheritance, welcoming grandchildren, updating your estate plan or experiencing a significant change in your financial situation can all be reasons to revisit your plan. Regular financial plan reviews can also help you evaluate retirement income needs, tax considerations, investments, charitable giving, estate and legacy goals, and other pieces of your financial life as they change over time. At Trust Point, financial planning is an ongoing process built around your goals—not simply a one-time financial plan. Has your life, or your retirement timeline, changed since you created your financial plan? Learn how Trust Point can help you revisit your plan and keep it aligned with what matters most to you. Visit trustpointinc.com/financial-planning. #FinancialPlanning #RetirementPlanning #TrustPoint