After this weekend, I think we may have left summer behind us! Many people claim to have a favorite season but I prefer the changing of seasons over any particular season. Every few months I’m reminded of how fortunate we are to live in a region where we can enjoy each of the seasons without any particular season being too extreme. The transition between seasons helps me to keep track of time in a way that calendars and clocks can only superficially monitor.
The cooler weather and lower humidity levels serve as a preemptive warning that a year is about to pass. On a personal level that means Thanksgiving and Christmas are around the corner. On a financial planning level, I’m reminded that a tax year is close to coming to a close. Deadlines for contributions to retirement accounts or required distributions from those accounts are nearer. Taxable gains and losses should be considered now rather than waiting too close to the end of the year. Perhaps a planned retirement in January or February should be discussed now instead of trying to compete with the hustle and bustle of the holidays.
As you enjoy the fall festivities, take a minute to think about the year so far and the challenges or changes that might come with the next season. Take a minute to consider the next year and where you might be as winter becomes spring. While seasons change without our planning or consideration, life changes such as retirement should come with careful consideration and detailed planning. If you’re considering a change, let me help you plan for it.