12/30/2025
What changes lie ahead in 2026?
As you ring in the new year, take stock of how your life and the economic landscape might change; and think about what you can do now to prepare. For example, take a moment to review the beneficiaries are on your financial accounts. Many divorced individuals have inadvertently left their money to an ex-spouse because they never made the update. Think about increasing your retirement plan contributions to the new, higher limits (including catch-up contributions if you qualify).
In addition, reassess your liquidity needs to make sure you’re holding the right amount of cash. It may be time to put some of that money to work through investing.Small adjustments today can make a big difference in the year ahead. As always, please reach out to your Fairport team with any questions.
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