Review Your 2022 Spending Plan - Adviser Investments

Review Your 2022 Spending Plan

Senior couple sitting on the couch looking at a laptop reviewing their spending plan

The new year brings new resolutions. This is an opportune time to review your financial goals and aspirations.

Are you expecting any major expenses in 2022? A home renovation or a vacation house purchase? The start of college tuition or a return to travel when the pandemic is under control? Are you concerned that your cash balance or income won’t meet your needs?

If your answer to any of these questions is “yes,” call your wealth management team to review your spending plan for 2022. Even if your answer is “no,” if you haven’t talked with your team recently, we encourage you to do so to either put a sound financial plan in motion or refine your existing one as needed.

After all, it pays to prepare. Take the time today to evaluate your cash reserves and expected income over the next year. (You can use our Budget Worksheet to help figure out where you stand.) If you think you may need to bridge a gap, we’re here to help you strategize.

Any topics you’d like us to address in a future FPF section? Please contact your team or write to us at We’d love to hear your suggestions.

This material is distributed for informational purposes only. The investment ideas and opinions contained herein should not be viewed as recommendations or personal investment advice or considered an offer to buy or sell specific securities. Data and statistics contained in this report are obtained from what we believe to be reliable sources; however, their accuracy, completeness or reliability cannot be guaranteed.

Our statements and opinions are subject to change without notice and should be considered only as part of a diversified portfolio. You may request a free copy of the firm’s Form ADV Part 2, which describes, among other items, risk factors, strategies, affiliations, services offered and fees charged.

Past performance is not an indication of future returns. Tax, legal and insurance information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice, or as advice on whether to buy or surrender any insurance products. Personalized tax advice and tax return preparation is available through a separate, written engagement agreement with Adviser Investments Tax Solutions. We do not provide legal advice, nor sell insurance products. Always consult a licensed attorney, tax professional or licensed insurance professional regarding your specific legal or tax situation, or insurance needs.

Companies mentioned in this article are not necessarily held in client portfolios and our references to them should not be viewed as a recommendation to buy, sell or hold any of them.

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