The halfway point of the year is the perfect time to pause, evaluate, and adjust your financial plan. Whether you’re preparing for retirement or just getting started on your savings journey, a mid-year financial checkup ensures you’re not leaving opportunities—or money—on the table.
1. Reassess Your Financial Goals
- Have your priorities changed since January? Maybe a new grandbaby arrived, you bought a home, or you’re reconsidering your retirement timeline. Now’s the time to revisit your short- and long-term goals with a trusted advisor.
2. Review Retirement Contributions
- If you’re eligible for catch-up contributions to your 401(k) or IRA, this could be your year to maximize them. Not sure how much you’ve contributed so far in 2025? A quick check-in could uncover ways to boost your retirement savings before year-end.
3. Analyze Investment Performance Market volatility can shift your asset allocation.
- A mid-year portfolio review helps ensure your investments still match your risk tolerance and retirement timeline. If you’re working with a financial advisor in Broken Arrow, they’ll help guide necessary adjustments.
4. Refresh Your Budget Mid-year.
- This is a great time to fine-tune your spending planespecially as summer travel and back-to-school expenses approach. Reallocating even small amounts can have a big impact on your financial momentum.
5. Schedule Your Financial Review
- A 30-minute meeting could help you avoid costly surprises and make the most of 2025. We’ll look at your savings, investments, insurance, and more—all customized to your season of life.
If you haven’t done a mid-year financial checkup yet, don’t worry—there’s still time to finish the year strong. Whether you’re nearing retirement or building your family’s future, we’re here to help every step of the way.