Ready to make 2025 your best financial year yet? The Friends Talk Money team is here to help! Join Terry, Rich, and Pam as they break down 9 essential tips to set yourself up for financial success in the new year.

1. Unlock Your Financial Future – Begin by consolidating all your year-end IRA statements and harness the power of an online RMD calculator to determine your 2025 minimum distributions. This crucial step ensures you’re setting aside the right amount for a secure future.
2. Refresh Your Records – Keep your IRA beneficiaries up-to-date to safeguard your Legacy.
3. Optimize Your Portfolio – Align your investment allocations with your 2025 goals by reviewing your Retirement portfolio.
4. Explore Secure Investments – Consider securing a 4% CD, available online, to bolster your financial safety net.
5. Seek Expert Insight – Gain a fresh perspective on your financial strategies by consulting a trusted professional.
6. Enhance Your Security – Use a password manager to protect your personal information and investments.
7. Guard Against SIM Fraud – Contact your phone provider (AT&T, Verizon, etc.) to establish a password-protected process, shielding your SIM from fraudsters.
8. Prepare for Tax Season – With potential tax changes on the horizon, start organizing now to navigate the upcoming tax season smoothly.
9. Reimagine Retirement – As retirement landscapes evolve, envision your future with flexibility, considering the trend of working into later years.

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Pam Krueger Founder of Wealthramp, co-host of Friends Talk Money

Pam Krueger is an investor advocate, personal finance journalist, and author. She is the founder and CEO of Wealthramp, an advisor matching platform that connects consumers with rigorously vetted and qualified fee-only financial advisors. Pam created and co-hosted the award-winning investor education TV series, MoneyTrack, seen on 250+ public stations on PBS. With over 25 years in the industry, Pam is one of the leading voices on financial literacy and financial empowerment. When she’s not writing about financial planning for Worth, she’s talking about investing strategies on her podcast, Friends Talk Money.