Financial Information
Catherine Scrivano CRPC, CRC, CEP
602-995-1484

Now that you have made your New Year's resolutions, how about some Financial Resolutions? A Financial "Checkup" may be just what you need! The following list doesn't require any dramatic changes in your current financial plan, but here are some suggestions for things to consider that can make a dramatic difference to you and your loved ones:

• Review and understand the consequence of beneficiary designations on insurance policies, IRA's, annuities, employer-sponsored retirement plans, wills and trusts.

• Review and understand the consequence of ownership and titling of annuities, life insurance policies, and real estate.

• Review your portfolio with this question in mind: "Do I believe that, going forward, my investments are likely to achieve my and my family's long term financial goals?" A "yes" answer should give you comfort when short-term values fluctuate. A "no" answer is a call to action.

• Consider the potential value of long term care insurance for yourself and for your parents.

Just as you may consider hiring a personal trainer to help you keep that "get in shape" resolution, consider using a qualified professional to help you keep these resolutions as well.