Equipping Points:
Most of us have a junk drawer stuffed with random odds and ends we forgot about. But what about your financial junk drawer? Old insurance policies, dusty 401(k) statements, outdated wills, or savings bonds from decades ago could be sitting forgotten, and they might be costing you money or missing opportunities. In this episode, Eric opens the drawer on common financial items people stash away and forget to revisit.
From old life insurance policies that could be upgraded, to 30-year-old wills written before your kids were grown, to unclaimed Social Security estimates and orphaned retirement accounts, he explains how getting these things in order now could lead to serious benefits later. It’s time to stop avoiding that pile of paperwork and start organizing your financial life. If you’re preparing for retirement, this episode is your guide to clearing the clutter that could be holding you back.
Here’s some of what we discuss in this episode:
🗂️ Old life insurance policies that might still have value
📜 Wills and estate documents that need updating (or replacing!)
🧾 Forgotten 401(k)s and missing Social Security records
💸 Unclaimed savings bonds and lost checks hiding in plain sight
📋 How cleaning your “financial junk drawer” helps prep for retirement planning
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
Related Episodes:
Spending With Confidence in Retirement
The Stress That Comes With Retirement
Retirement Planning Today Is Harder Than It Used To Be
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