Phil Kapp: Gain Confidence in Your Financial Future with Annual Review

Joanne Bauer

Joanne Bauer

Published July 29, 2014 4:35 am
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Phil KappSHIPPENVILLE, Pa. – A lot can happen in a year.

The economy can fluctuate. Markets can swing up or down. Your personal and professional life can change. That’s why it’s important to schedule an annual financial review.

A review usually takes less than an hour—and it’s worth every minute—knowing that it can help you:

• Evaluate life changes and how events like getting married, having a baby, buying or selling a home, getting a new job, or retiring can affect your current financial strategy.

• Ensure your assets are protected by:
o Reviewing your protection coverage.
o Establishing an emergency savings fund.
o Determining if you have the right insurance coverage in place, like disability income insurance, to protect your income.

• Review your retirement strategy. Are you maximizing your retirement contributions? Does it make sense to consolidate your IRAs and 401(k)s? Will you have enough income to last throughout your retirement? Find out.

• Evaluate your investments. This includes calculating the return on each of your stocks, bonds and mutual funds and making sure you’re satisfied with their performance. It’s also important to ensure that your assets are diversified.(1)

• Review estate strategy options. If you want to protect your family and support the causes that are important to you, it’s essential to make sure your beneficiary information is current and the appropriate legal documents(2) are in place.

Stay on track with your financial goals

For more than 100 years, Thrivent Financial has been helping members be wise with money and inspiring them to live generously. A financial review can help you stay on track with your financial goals so you can look to the future with confidence.

Schedule a review with a knowledgeable Thrivent Financial representative today.

Contact Philip Kapp, FIC at 814-226-6505, or 1-888-483-3045, or Philip.kapp@Thrivent.com today.

(1) While diversification can help reduce market risk, it does not eliminate it.
(2) Thrivent Financial for Lutherans and its representatives and employees cannot provide legal, accounting, or tax advice or services. Work with your Thrivent Financial representative, and, as appropriate, your attorney and/or tax professional for additional information.

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