This spring I read the book The Smart Woman’s Guide to Planning for Retirement: How to Save for Your Future Today by Mary Hunt and want to pass on a few important excerpts:
“Here are six steps you can take to become more financially independent.
- Maintain good records. Be sure you have copies of all current assets, bank account numbers, safe deposit information, insurance beneficiary information, IRAs and other retirement account records, tax returns going back seven years, mutual funds statements, stocks and bonds, health insurance policies, homeowner’s and auto insurance policies, the lease or mortgage information for your home, wills, trusts, powers of attorney, and birth and marriage certificates. It is also a good idea to keep receipts of major appliances with information on warranties.