Why November Is the Perfect Time for a Financial Check-In
With 2025 drawing to a close, it is the perfect time to take stock of your financial well-being. A year-end check-in helps ensure you’re on track with your goals and prepared for the opportunities and challenges ahead. Reviewing your finances now can set the stage for a stronger start in the new year.
To make your year-end review most effective, here are some steps to consider:
Review insurance coverage: Health, life, and disability policies should reflect your current needs.
Evaluate investment performance: Look at gains, losses, and determine if your portfolio is balanced.
Check debt and savings goals: Are you paying down debt as planned? Is your emergency fund strong enough?
Set new year priorities: Define clear financial goals for 2026 — whether that’s saving for a home, boosting retirement contributions, or investing for personal growth.
Beyond the quick checklist, a deeper year-end review should focus on two areas that can have lasting outcomes: insurance and investments. Open enrollment for health insurance runs from November 1 through January 15, making this the right moment to evaluate your plan and to be certain your life and disability coverage still meet your needs. These safeguards protect you and your family against life’s unpredictable events. At the same time, revisit your investment portfolio. For instance, does your asset allocation still match your risk tolerance? Consider rebalancing if needed. Regularly assessing your investments helps align your long-term strategy with current market shifts and changing personal circumstances, that builds resilience for the future.
Consider your goals for the new year. Do you want to save more, pay down debt, or invest in new opportunities? Setting clear objectives now will help guide your decisions and keep you motivated. A thoughtful financial check-in today might make all the difference in achieving the life you envision tomorrow.