Annual Financial Plan Review Checklist
A structured annual review helps connect day-to-day decisions with long-term goals and identifies problems before they become urgent.
Review goals and cash flow
- Confirm short-, medium-, and long-term goals.
- Compare actual saving and spending with the plan.
- Review emergency reserves and upcoming major expenses.
Review risk
- Check insurance coverage and beneficiaries.
- Review debt terms and variable-rate exposure.
- Assess investment concentration and allocation.
Review taxes and documents
- Organize tax records and withholding information.
- Confirm account titles and beneficiary designations.
- Review estate documents with qualified professionals when circumstances change.