M Financial on Money: 2023 Goal Review

How is your 2023 shaping up?

With September officially here, it’s time to face the facts:
2023 is almost over. Before you get caught up in fall activities and holiday fun, we encourage you to slow down and check up on your financial well-being. Inflation and market volatility could also have you questioning your path this year. Here are some questions to ask yourself: 

• Goals still the same for 2023?
Has market volatility affected your goals? Note any changes since the first of the year that may warrant reviewing your goals. For example, changes to your family, income, spending, business goals or health issues.

• Contributions on track?
Consider increasing your contributions to any personal or workplace-sponsored savings plans.

• Scheduled spending still make sense?
Your spending habits likely look different now than they did in 2022, but did you adjust your yearly budget accordingly? Look at any impacts you’ve felt due to inflation. The second half of the year can be expensive, between the holiday season and back-to-school spending. Do your plans for the rest of the year align with reality?

• Any surprises in store for tax season?
Don’t wait until the end of the year to consider your tax situation. The earlier you start planning, the more opportunities you’ll have to reduce your taxes for you or your business.  

With 2023 looking much different than last year, take some time to evaluate your financial picture. Remember, we’re always here if you need assistance reassessing or working towards your financial goals. Contact M Financial Planning Services at (856) 810-7701. Make an appointment to discuss your unique situation today and ask about our Second Opinion service. 

57 Maple Avenue Avenue, Marlton, NJ 08053
856-810-7701

www.financial.us • www.CanIRetire.us

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. Financial Planning offered through M Financial Planning Services, a Registered Investment Advisor and separate entity from LPL Financial.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.