Every year, we should take "Inventory" early to make sure we are doing all the right things. If we wait until the year is over, it would be too late to change anything. Some of those concerns might be things such as, what are the:
- Asset and Debt Issues? Unrealized investment losses?
- Tax Planning Issues?
- Are you on the threshold of a a tax bracket?
- Should you contribute to a Roth or do a Roth conversion?
- Cash Flow Issues? Save more?
- Insurance Planning Issues?
- Estate Planning and Other Issues?