Asset Planning, Inc Blog

The latest from the team.

Spring Cleaning


As soon as I finish my taxes I also do some spring cleaning of my paperwork clutter and finances. Here are some tips to get your financial house in shape:

  1. Organize financial papers: Do not leave financial documents around that contain information that could be used to steal your identity. Shred paperwork you no longer need. Save important papers in a secure place and if possible, digitally (scan and save on external drive/usb, etc.) and secure with a password.

  2. Bills, paystubs, bank and investment statements should be kept for one year and then just keep the year end summaries and shred the rest.

  3. Keep invoices and all bills for major repairs, improvements and construction on your home. This is vital to have when and if you ever sell your home for increased cost basis.

  4. Tax returns and all supporting documentation should be kept for at least 7 years. A good rule is to scan your older tax returns and keep them forever.

  5. Run your credit report to see if there are any unusual transactions. allows one free report per agency per year.

  6. Automate adding to investments and savings.

  7. Adjust tax withholdings on your income (paycheck, IRA’s, etc.) if you owed too much tax or received a large refund.

Continue reading
  881 Hits
881 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
summer phishing sites checklists client portal privacy notices information Facebook emergency kit news coverage settlement options official certification 401K estate planning direction phone companies pet industry toilet paper Kraig Mathias Flexible Spending Account retirement accounts Medicare question estate planning credit card fraud email notifications home mortgages privacy settings credit card company bottom line Medicare Advantage CERTIFIED FINANCIAL PLANNER exam Victor Dergunov phishing scams Supplemental Security Income web address interest rates Retirement Contribution Limits July 4 CFP ® memorial Day weekend Part B Social Security Administration VOIP landline phones scams borrowing money health care services birth certificates cell phone carriers offer April 18 2017. 20 year anniversary money IRA accounts pets debt hurricane Dorian assets Joey Gonzales home emergency kit Brexit vote Shred paperwork home break-ins Open House credit monitoring service 2017 Equifax breach integral member president Trump EEChecklist-Kits.pdf stockpilingchecklist.pdf driver license trustee jury duty ice cream vacation company Federal Trade Commission website credit score consumer spending Ice Cream Social FEMA website flash drive padlock chip-enabled EMV cards Amazon insurance policy Mobile Banking Security Tips Social Security Asset Planning rescue organizations notary services Fox News story spring cleaning retirement contribution limit cell phone service provider Medicare Part B pet supplies portal https ://seekingalpha 23 andme car loans check lists fees 70 1/2. breach 2018 IRA contributions D premiums wells Fargo asset Planning Auto insurance DNA test kits Kiplinger Letter ice cream event emergency folder executive order tax season Medicare Part B premiums June 29 fun atmosphere retirement plans text messages April 15 disaster areas National Ice Cream month paperwork clutter pet Two-Step Verification Roth IRA home emergency preparedness kits 900 number clients show support clients parking spots partner /owner blog post credit freeze Open Enrollment credit cards investment statements October 1 2020. operations manager 4 pm -8pm Medicare plan clone counterfeits Financial Planning Magazine documents Puerto Rico vision screening Orange County Superior Court cell phones fun facts Treasury Department prescription eyeglasses 2017 TD Ameritrade National LINC Conference Wells Fargo customers account numbers spam phone Healthcare self-help topics Wells Fargo employees gap insurance Independence Day Part D premiums . home banking IRS deadline cell phone provider California Lions Friends Legal robocalls Erin Nelsen earthquake app trust health care costs family members emergency kits identity theft Medicare card reader life saver illiegal robocallers app house sitter Orange County 2017 IRA contributions information FSA relief efforts media accounts Facebook profile insurance policies drive /usb Affordable Care Act “ skimmer ”. estate tax deadline team members increase Notary Public phone April 11 home security opt-out retirement planning policy identity thieves non-prescripstion sunglasses ID card https ://