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2025 Financial Calendar 

DOWNLOAD 2025 FINANCIAL CALENDAR

 JANUARY:

  • Review last year’s financial performance and set specific goals for savings, debt reduction, or investment growth for the year ahead.
  • Create or adjust your budget to reflect these new goals and allocate money for an emergency fund if not already in place.

FEBRUARY:

  • Update or create a will, power of attorney, and healthcare directive. Review beneficiaries on retirement accounts and insurance policies.
  • Plan for your legacy by considering how you’d like to pass on wealth to your children, loved ones, or charitable organizations.

MARCH:

  • Organize tax documents and explore potential tax-saving strategies like maximizing retirement contributions, charitable donations, or health savings accounts (HSAs). 
  • Look for any deductions or credits you may be eligible for such as child tax credits, education credits, or retirement plan catch-ups.

APRIL:

  • Evaluate your current debts, including mortgages, credit cards, and loans. Create a plan to pay down high-interest debt.
  • Talk with your advisor about potentially consolidating debts or refinancing to take advantage of lower interest rates, and set milestones for debt repayment.
  • April 15th - Tax Day + 2024 IRA and Roth IRA contributions deadline.

MAY:

  • Assess your home financials - whether it’s time to refinance, pay down your mortgage faster, or make necessary home repairs. Also, review car-related expenses and maintenance.
  • Prepare for large purchases or repairs by building a savings buffer specifically for home and auto expenses.

JUNE:

  • Review your budget, investment portfolio, and financial goals halfway through the year to ensure you’re on track.
  • Build a savings cushion dedicated to specific categories, helping you prepare for major purchases or repairs.

JULY:

  • Assess your insurance needs, including health, home, life, and disability insurance. Ensure you have adequate coverage to protect your family and assets.
  • Reevaluate life insurance and long-term care coverage as you approach retirement age, and make necessary adjustments with your advisor.

AUGUST:

  • If you have children or young family members, review their college savings plans, like a 529 plan, and make sure you're contributing enough toward their education expenses.
  • Explore financial aid options, scholarships, or grants to reduce the out-of-pocket cost of college.

SEPTEMBER:

  • Review your retirement accounts and ensure you're on track to meet your retirement savings goals.
  • Meet with your financial advisor to ensure your retirement savings and investment strategy aligns with your target retirement age and lifestyle.

OCTOBER:

  • Conduct a comprehensive review of your financial health, including your savings rate, debt levels, and spending habits.
  • Make sure your financial health is on track by identifying areas for improvement, such as increasing savings or reducing unnecessary expenses.

NOVEMBER:

  • Consider making charitable donations to causes important to you, especially if you’re looking to reduce taxable income before year-end.
  • Review potential tax-loss harvesting strategies to offset gains in your investment portfolio and prepare for any remaining contributions to retirement accounts.

DECEMBER:

  • Set a holiday budget and review end-of-year finances, taking note of spending patterns and savings goals. Reflect on your progress throughout the year.
  • Prepare for any adjustments you want to make for next year, based on how well you met your 2025 financial goals, and create a plan for a strong financial start in 2026.


Your birthday! 

  • Gift yourself: Add extra to a retirement or savings account with a one-time deposit on your birthday. Your future self will thank you even if it's just $100. Listen here for help deciding which account to add it to.
  • Turning 26? If you are still on your parent's health insurance, it's time to sign up for your own. You can sign up through your employer or explore plans at healthcare.gov.
  • Turning 55 or older? Check out our blog post for a list of retirement milestones. 

What we do For You:

  • Throughout the year: We make plan updates, insurance planning, portfolio reviews, etc. 

  • January/February: We will send your Annual Tax Letter – notifying you which forms to look for at tax time. We typically copy your CPA if we have that info.

  • October/November: Year-end tax planning. Hello, charitable strategies, IRA contributions, tax credit options, RMD planning, and/or Roth conversions (for those who qualify).

  • December: Annual Client Letter – Kind of a state of the union, recapping the year and talking about things we should be looking for in the near future for markets and planning strategies.

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