This post is excerpted from our Ultimate 2014 Financial Calendar.
It’s T-29 till Halloween, but all the cackling witches and evil goblins in the world couldn’t scare us more than the thought of falling behind on our financial to-do list. You too? Then don’t worry—we’re here to help.
This month is all about planning—for everything from holiday travel to your golden years. Consider tackling these five tasks to help get your money in tip-top shape for the end of the year. And we’ve even given you some proposed “deadlines” to help keep you on track.
1. Book Your Holiday Travel Plans. Deadline: Tuesday, October 7
So you probably haven't decorated your house with twinkly lights yet. But believe it or not, now’s the ideal time to start prepping for the festivities, especially if you’re planning on taking a plane, train or bus. In general, you’ll find the cheapest airline tickets on Tuesdays. Check out our full list of tricky travel tips here.
2. Submit Your Taxes If You’ve Filed for an Extension. Deadline: Friday, October 10
Every April, about 7% of taxpayers file for a six-month extension. If you’re in that bucket, listen up: October 15 is the very last day to submit your 2013 taxes.
3. Revisit Your Budget. Deadline: Friday, October 17
Back in July we debuted a brand-new budgeting system designed to make your money life easier. Now that you’ve had a few months to adjust, it may be a good time to figure out how you could be doing even better. A quick look at your LearnVest.com account should give you all the information you need: Are there areas where you can still cut back? Do you need to reallocate resources? How close are you to meeting your money goals?
4. Go Over Your Estate Planning Documents. Deadline: Friday, October 24
If you think your finances are too simple for an estate plan, or if you’ve never considered what will happen to your social media accounts after you pass away, you might be headed for trouble. Use the beginning of October to consider establishing a living will (a.k.a. a health care directive) and review the beneficiary forms on your retirement accounts. We can’t promise it’ll be a party, but you may feel a pleasant sense of relief once these tasks are out of the way.
5. Re-evaluate Your Retirement Plan. Deadline: Friday, October 31
We know you’re already prepping for your golden years—but could your strategy use a little tweaking? Take a tip from these retirement pros, and learn how they’re making their dreams a reality. Then check out this comprehensive answer to one of the most common questions around retirement savings.
LearnVest Planning Services is a registered investment adviser and subsidiary of LearnVest, Inc. that provides financial plans for its clients. Information shown is for illustrative purposes only and is not intended as investment, legal or tax planning advice. Please consult a financial adviser, attorney or tax specialist for advice specific to your financial situation. LearnVest Planning Services and any third parties listed, linked-to or otherwise appearing in this message are separate and unaffiliated and are not responsible for each other’s products, services or policies.