Building Wealth: Organize and Protect Your Wealth

As you build wealth, it’s important to have a plan in place to protect what you’ve saved. Your plan should include the following:

Emergency fund
At this stage, you should have enough cash to cover at least six months of expenses without having to tap into retirement savings, or investments that are subject to market fluctuation.

Regularly review your health, homeowners, and auto insurance policies so that you have the adequate coverage to protect your family and your retirement savings in case of the unexpected. Consider life insurance to protect those who rely upon your income. Learn more about Life Insurance Planning.

Estate planning
Having a current will is a critical first step in the estate planning process. Make sure that you have a financial plan in place to provide for your loved ones. Learn more about Estate Planning.

As important as having a will, designating beneficiaries for your accounts ensures that your account assets are inherited according to your wishes.

Next steps

Life Insurance Calculators & Tools
Use these tools to help decide how much life insurance you may need and the potential costs.

Planning & Guidance Center
Identify a target asset mix that aligns with your retirement goal then easily implement an investment strategy that can help you stay on track.