Any investment plan needs to be reviewed periodically and adjusted accordingly. In the first year of working with a client, we will complete both a semi-annual and annual review. We feel it is important to sit down six months after putting the initial plan in place. Some clients have questions about their new statements or internet logins, while others simply want to a refresher on why we put each portion of a plan in place.
Going forward, we typically complete annual reviews. At this annual review, we will not only review your investments, we will also reanalyze all of the retirement projections to reflect your current situation. Retirement planning isn’t a one-time event. It should be a life-long task to ensure you are continuing to move in the right direction.