2024's Best Stocking Stuffer: Financial Freedom

It’s hard to believe the holiday season is here! While you’re stuffing stockings for your loved ones, don’t forget to stuff your own financial stocking with tips that can bring you closer to a secure retirement. Today, we’re unwrapping 10 bite-sized, actionable ideas to help you save smarter, invest better, and plan for the future you deserve.

Here are the points we discuss in today’s show: 

0:00 – Intro

1:40 – Maxing out your retirement contributions

3:39 – Diversifying your investments

5:42 – Reviewing your Social Security strategy

6:24 – Consolidating old retirement accounts

7:59 – Revisiting your estate plan

9:07 – Boosting your emergency fund

10:30 – Scheduling a financial checkup

11:23 – Considering Roth conversions

13:39 – Automating bill payments and savings contributions

15:08 – Reviewing your insurance coverage gaps or overlap

Resources for this episode:

Donna’s book, A Guide to Widowhood + other resources

https://www.donnajeankendrick.com/a-guide-for-widowhood

Get additional financial information: https://sephtonfinancial.com/podcasts/

Check out the video version of the podcast: Sephton Financial - YouTube