5 Must-Haves in Your 2021 Financial Plan

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A new year offers everyone an opportunity to revisit their financial priorities and to document them in a written financial plan. In an effort to keep your own financial life simple and manageable, it’s advisable to have a list of core tenets that comprise its foundation. The list should be short but effective — the hope is that it will remain relevant regardless of how the market performs in 2021. Below you’ll find five must-haves in your 2021 financial plan. 

It’s 2021 — access to financial markets has never been easier or more convenient. As a result, investing is now free or very close to it. It’s difficult to think of many valid reasons to hold high expense ratio funds or to pay commissions to a broker when free alternatives exist. Try to build a portfolio of high-quality stocks at zero cost by using a discount broker, or consider the time-saving approach of holding only broad market index funds

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