In this episode of Your Investment Partners, hosts Garrett and Paul discuss essential financial planning steps to start the year off strong. They emphasize the importance of setting financial goals, reviewing cash flow, and making strategic adjustments to investments. The conversation covers inflation’s impact on savings, maximizing tax opportunities, and reviewing insurance and estate plans. They also highlight key considerations for Roth conversions, debt management, and identity protection. Tune in to ensure your financial foundation is aligned with your long-term objectives. 

Key Points From This Episode 

• Importance of setting financial goals at the beginning of the year 
• Reviewing cash flow and day-to-day spending habits 
• Inflation’s impact on long-term financial health 
• Evaluating tax-saving opportunities, including Roth conversions 
• Managing debt and reassessing mortgage or loan payments 
• Checking insurance coverage to avoid being over- or underinsured 
• Reviewing estate plans and beneficiary designations 
• Strategies for protecting against identity theft and credit fraud 
• Adjusting investment allocations to align with upcoming expenses 
• Preparing for tax season and potential changes in tax laws 

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Useful Links 

Garrett on LinkedIn 

Paul on LinkedIn 

Ascend Investment Partners