This week’s tips are aimed at helping you better organize your financial life, and today I’m continuing with yesterday’s theme, which is how to take inventory of your financial accounts. By the way, if you missed yesterday, go back and check it out. Creating a financial inventory is single best thing you can do that will give you a quick win on getting your financial life organized!  

Today’s tip is a continuation of your personal financial inventory. Now that your loved ones and at least 1 trusted contact know where your assets are located, we want to help them get in contact with the right people.

Once you’ve created your financial inventory list, add a list of advisor contacts and their contact info. You’ll want to include your:

• Accountant
• Attorney(s)
• Financial Advisor
• Insurance Agent
• Bank or banker
• Executor, Trustee, & power of attorney
• Employer/HR contact

If you’re looking for a template for your personal financial inventory, Vanguard has a pretty comprehensive pdf template. I’ve linked to it in the show notes on iTunes for todays episode, episode 80:

Your Personal Financial Inventory Template: http://www.vanguard.com/pdf/FM_inventory.pdf

That’s it for today! Thanks for listening. Tomorrow we’re going to have a shredding party, so you get get rid of all that paperwork you don’t need anymore!

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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Tags: retirement, investing, money, finance, personal financial inventory, financial inventory list, financial inventory spreadsheet, organizing financial documents, financial management, document management, financial organizer