You’ve probably heard or read about inflection points – those events, like the creation of the internet, that changed human existence in some important way. However, you have personal inflection points, too – and when they occur, you’ll need to make the right financial moves.

One such inflection point is marriage. When you get married, you and your spouse will need to discuss a variety of financial issues, such as whether you should combine accounts and what sort of investment approach you will take.

Another inflection point: A new child. When you welcome a new child into your family, you’ll want to make sure you have adequate life insurance. You also may want to start contributing to a college fund.

And perhaps the biggest inflection point of all is retirement. When you retire, you’ll need to determine how much you can afford to withdraw each year from your IRA, 401(k) and other retirement accounts. Plus, you’ll need to ensure your estate plans are in order.

By making smart decisions following your own inflection points, you can ease the transitions in your life – wherever life takes you.

If you have any questions please contact me at 980-859-2549 or by e-mail at Brandon.Monette@edwardjones.com

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.