6 things to consider when saving for retirement.

As the year begins to wind down, your financial plan deserves a year-end review too. The final few months of the year can be an important time to evaluate retirement accounts, taxes, insurance coverage, income needs, and other financial decisions that may affect both your current situation and your long-term goals. While every financial situation is different, here are seven areas worth reviewing before December 31. 1. Review Your Retirement Contributions Take a look at how much you have contributed to your retirement accounts so far this year. Depending on your situation, you may want to consider increasing contributions to an employer-sponsored retirement plan such as a 401(k), 403(b), or similar account. If you are eligible to make additional catch-up contributions based on your age, year-end may also be a good time to determine whether those opportunities fit into your overall retirement strategy. Retirement contribution limits and eligibility rules can

A new home. A growing family. A career change. Retirement getting closer. Life rarely stays the same for long. Yet financial plans and insurance policies can sit untouched for years—even as the people and priorities they were designed to support change. You may be saving consistently, contributing to retirement accounts, and paying your insurance premiums on time. Those are valuable habits. But when was the last time you looked at how everything works together? A thoughtful review starts with a simple question: Does the plan you have today still fit the life you’re living—and the future you want? Start With Your Life, Then Look at Your Numbers Before reviewing account balances or policy statements, take a step back. What has changed since you last evaluated your finances? Are you earning more? Supporting a parent? Helping an adult child? Thinking about retiring earlier—or working longer? These changes can affect how much

You may have a clear picture of retirement: more time with family, a few trips you have been putting off, and the freedom to spend your days doing what matters most. But a retirement plan also needs room for the things you cannot schedule. An unexpected home repair. A spouse who needs care. A retirement date that arrives earlier than planned. These events can change how much money you need—and when you need it. A useful question to ask is: If life changed tomorrow, how would my financial plan respond? Here are five conversations that can help connect your retirement goals with the financial and insurance decisions that support them. 1. What If You Retire Earlier Than Expected? Your intended retirement date may be several years away. But health concerns, family responsibilities, or changes at work could move that date forward. Before that happens, consider how you would cover everyday

Retirement planning is about more than reaching a particular savings goal. Even a substantial portfolio can face pressure from risks that are easy to underestimate—including market volatility, inflation, rising healthcare costs, and the possibility of living longer than expected. A strong retirement strategy considers how these risks may work together and identifies ways to help protect your income, assets, and long-term financial independence. 1. Market Volatility at the Wrong Time Market fluctuations are a normal part of investing. However, a major downturn near the beginning of retirement can be especially damaging. When you are still working, you may have time to wait for the market to recover. Once you begin withdrawing money, selling investments during a downturn can reduce the assets available to participate in a future recovery. This is commonly called sequence-of-returns risk. A retirement income strategy may help address this concern by: Maintaining an appropriate emergency reserve Dividing