A Few Questions to Consider

Susan Jung |


Where has 2021 gone? It’s been quite a year and we still are all contending with the pandemic. I’m sure you agree with me that we are ready for this to be over! It seems like we are in for the long haul at this point, doesn’t it?

It’s important to try to stay encouraged and recognize that we will get through this. It’s better than it was a year ago. To be sure, the world we live in is different. Still, some of what is familiar is finally coming back and for that we can be grateful.

10 Questions 

Every year-end I like to pose a few questions regarding finance issues that I think you might find helpful. Consider your answers carefully as it may suggest action on your part to make adjustments.

Consider the following:

  1. Have I taken care of my estate planning documents to make sure that my assets are protected?
  2. Is my investment strategy a comfortable fit for me given market volatility and my long-term goals?
  3. Have I considered what income I might need in retirement that is the most tax efficient?
  4. Am I taking too little risk in my investment portfolio given that I am a long-term investor?
  5. Do I have adequate insurance to protect against any catastrophic event?
  6. Do those that I love understand the investment strategy that I have in place? This includes significant others and children.
  7. Have I provided assistance in learning about investments to those that I care about?
  8. Are there any young people whose college education I would like to fund?
  9. Are there any large expenses or financial considerations I need to discuss moving into 2022?
  10. Have I taken advantage of the wealth I have created to live my best life now rather than not enjoying the fruits of my life’s hard work?

Year-End Reflection 

These are just a few questions to ask yourself at year-end when you have the time to reflect. I recognize the holidays can be busy, but these are important financial questions that do impact those we care about.

If you would like some assistance in answering these questions, do let us know. We’re happy to be a third-party sounding board for you as your trusted investment counselor.

Holiday Schedule

A reminder about our holiday schedule. Destination Wealth Management will be closed the week of Christmas to allow our hard-working team to spend time with their families. We have an incredibly dedicated team in place and this week is a chance for them to pause, take a breath, and enjoy the holiday.

We wish you all the best this holiday season. Enjoy and embrace the people you care about; it’s what really matters.


The opinions expressed herein are provided for informational purposes only and are not intended as investment advice. All investments involve risk, including loss of principal invested. Past performance does not guarantee future performance. Individual client accounts may vary. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, Destination Wealth Management cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Any links to other websites are used at your own risk.