PCI Founder and Chairman, Brian Allen, CFP®, recently spoke with CNBC about the importance of having your financial house in order, especially in these turbulent times. The article, “Financial experts weigh in on 4 smart money moves to make before the end of the year,” highlights four key tips to evaluating your financial situation so you can feel more secure going into 2021: 1) reviewing your existing budget, 2) prepping for job uncertainty, 3) building your emergency fund, and 4) evaluating your retirement contributions. Allen reinforces, “Many of us have had a hard year…Financially, we may need to rebuild.”
For 2021, reassessing your financial situation can help you reach the goals that may have been put on hold over the course of 2020. The end of the year is always a good time to evaluate how much you are putting away for retirement. Retirement plans have a great impact on whether one can achieve financial independence and, ultimately, be able to retire on time with dignity. Brian discusses this and more in new feature!
To learn more about the highlighted end of year tips, check out the full article on CNBC here.