The right path is important.
FIVE STEPS TO MAKE ON YOUR
WAY TO FINANCIAL WELLNESS.
Wondering where to start?
When it comes to your financial health and well-being, M&T Securities can help you identify the moves to
make right now. Plus, when you’re ready to get started, M&T Securities Financial Consultants are right where
you need us to be – at your branch. These five simple steps can make a big difference and are a starting point
for your journey ahead:
Update your will and beneficiaries. Regardless of what’s
Assess your investment portfolio. The market had its share
covered in your will or trust, be sure to name beneficiaries
of ups and downs. And that volatility may have impacted the
for assets like 401(k) plans, IRAs and insurance policies. If
mix and risk tolerance levels you had in mind when you first
you do not have a will or trust, resolve to set one up now
invested your portfolio’s assets. That’s why it is so important
to make sure your assets are passed on the way you intend.
to review your portfolio on an annual basis and make any
Make sure you have adequate emergency funds.
Do you have a rainy day fund in case of a job loss or medical
adjustments to your portfolio based on your risk level and
long-term investment goals.
emergency? Your financial consultant can recommend ways
Maximize retirement savings. Does your employer offer
to create funds accessible if and when you need money.
a 401(k), 403(b), 457 or other qualified retirement plan?
Review your insurance coverage. Sit down with a professional
to look for gaps in your insurance coverage. You may not be
protected as well as you think you are, or you may find you
can lower your premiums without reducing your coverage.
If you had any type of major life event recently, now’s the
time to update [