We’re just barely past Labor Day, the kids are back in school, and the Bengals are only a couple games into the season. So why am I already talking about year-end financial planning? Because, like Christmas decorations in October, it sneaks up on you faster than you think.

Here’s the thing—whether you’re managing a big portfolio or your main savings vehicle is a company 401(k), the time to think about year-end moves is now, not when you’re juggling holiday parties and trying to find batteries for that one toy your grandkids have to have.

For starters, contribution deadlines matter. If you want to max out your 401(k) this year, you can’t just toss in a lump sum on December 31st. Payroll systems don’t work like that, and HR isn’t exactly thrilled when you try to rewrite the plan at the eleventh hour. Spreading those contributions out over the remaining paychecks makes life a whole lot easier.

Next, taxes. Certain strategies—charitable contributions, Roth conversions, realizing gains or losses—have to be done before December 31st. Waiting until the last week of the year means you’re calling your advisor while they’re standing in line at Kroger with a cart full of eggnog and wrapping paper. Not ideal.

And finally, it’s about peace of mind. If you know your savings plan is on track, you can actually enjoy the holidays without the nagging thought that you “should’ve done something” with your investments before the ball dropped in Times Square.

So yes, I’m the guy telling you to think about year-end planning before the leaves have even turned. But trust me—your future self will thank you. And your advisor? They’ll thank you too when you call now instead of December 28th.

Please contact us through the contact page HERE, directly to Joe Lind at jlind@dinergywealth.com or call Joe at 513-878-0195. Remember, we focus on growth – done TOGETHER.