Year-End Financial Planning: Key Strategies to Prepare in Advance

Mark Schlossenberg

Many people assume financial planning is something to think about only at the end of the year, but some of the most effective strategies—whether tied to investments, taxes, or long-term planning—work best when addressed early. With thoughtful preparation and a proactive approach, you can position yourself for a smoother, more confident year-end.

Here are several planning considerations worth thinking through now to help set yourself up for success:

1. Take a Proactive Planning Approach

Strong financial outcomes rarely come from last-minute decisions. Taking time to review your financial picture now can create space for more thoughtful adjustments and better alignment with your long-term priorities.

2. Revisit Your Investment Strategy and Positioning

Your goals and personal circumstances can shift throughout the year, which makes this a great time to reassess your asset allocation. Consider whether rebalancing or adjusting your portfolio may help ensure your investments still match your intentions and comfort levels.

3. Assess Your Cash Flow and Liquidity Strategy

Maintaining healthy liquidity can provide peace of mind, especially in uncertain markets. Reviewing your emergency reserves, anticipated expenses, and income needs can help ensure you remain flexible and prepared for the months ahead.

4. Align Charitable and Legacy Priorities

If charitable giving is part of your financial plan, mid-year is a good moment to revisit how it fits into your broader goals. Strategies like donor-advised funds or structured giving approaches can help balance impact, efficiency, and flexibility.

5. Evaluate Tax-Aware Investment Decisions

While taxes are just one component of planning, they play a meaningful role in long-term outcomes. Managing gains, losses, and holding periods with intention can help improve your after-tax results over time.

6. Review Your Estate and Wealth Transfer Plan

Even with documents in place, periodic reviews are essential. Make sure your estate plan reflects your current wishes, family dynamics, and financial circumstances. Changes in life events or goals may require updates.

7. Coordinate Your Overall Financial Strategy

The strongest financial plans integrate multiple components—investments, taxes, estate planning, cash flow—and ensure everything is working together. A cohesive approach helps prevent missed opportunities and unnecessary complexity.

8. Review Your Income and Timing Strategies

When income is recognized can meaningfully impact your planning. Depending on your situation, it may be beneficial to accelerate or defer income, evaluate business distributions, or prepare for upcoming liquidity events. Strategic timing can create more control and flexibility.

Taking these steps in advance can help you approach year-end with clarity rather than pressure. If you’d like to review your current strategy or discuss any of these topics, reaching out now can give you the time and space to make decisions on your terms.

Investment advisory services offered through Foundations Investment Advisors, LLC, an SEC registered investment adviser. The views, statements and opinions expressed herein are those of Mark Schlossenberg, and not necessarily of Foundations or their affiliates.  The content provided is for educational purposes only and the views reflected are subject to change at any time without notice.   No investment, legal or tax advice is provided.