4 Year-End Financial Planning Tips

Harvest tax losses, reassess your investment and retirement strategies, and don’t forget charitable giving.

As we are coming to the end of a lackluster year in the financial markets, it is time again to focus on year-end financial planning before time runs out in a few weeks.

Much of year-end planning seems to come down to tax-related moves. But any tax move, however tempting, should be made with your overall long-term financial and investment planning context in mind. It is important not to let the tax tail wag the financial planning dog.

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Chris Chen, CFP®
Founder, Insight Financial Strategists LLC

Chris Chen CFP® CDFA is the founder of Insight Financial Strategists LLC, a fee-only investment advisory firm in Newton, Mass. He specializes in retirement planning and divorce financial planning for professionals and business owners. Chris is a member of the National Association of Personal Financial Advisors (NAPFA). He is on the Board of Directors of the Massachusetts Council on Family Mediation.