It's June! Time to Review Your Financial Goals. Here's a 5-Step Checklist.

As we reach the halfway point of the year, June is the perfect time to pause and reflect on your financial progress. For investors, business owners, and high-income professionals, this is a strategic moment to ensure your financial goals are on track, and to make any necessary adjustments before year-end.

Whether you have a personal investment portfolio, are building your pension for retirement, or considering your long-term goals, this 5-step mid-year checklist will help you stay focused and financially agile.

1. Revisit Your Investment Strategy

The first half of the year may have brought market volatility, geopolitical shifts, or sector-specific developments, especially in tech and pharma. Now is the time to evaluate how your investments have performed and whether your asset allocation still aligns with your risk tolerance and long-term objectives.

Consider:

·      Are your allocations to Irish assets still aligned with your risk profile?

·       Are your investments structured in a tax-efficient way?

·      Have you reviewed your sectoral and regional allocations against the global macro-economic backdrop

For clients in Dublin and across Ireland, we provide bespoke financial planning and investment management tailored to private clients, with a focus on long-term growth and capital preservation.

2. Optimise Tax Planning

Tax planning isn’t just for year-end. Mid-year is an ideal time to evaluate your current strategies and identify opportunities to reduce your tax liability.

Key areas to review:

·      Pension contributions and tax reliefs

·      Entrepreneurs Relief and capital gains tax planning

·      Tax implications of selling a business or property

·      Structuring investments for tax efficiency

We work closely with clients to develop tailored tax strategies, including tax planning for high net worth individuals in Ireland, ensuring compliance while maximising after-tax returns.

3. Review Retirement and Pension Plans

Whether retirement is decades away or just around the corner, your pension strategy should evolve with your income, lifestyle, and market conditions.

Mid-year questions to ask:

·      Are your pension contributions on track to meet your retirement goals?

·      Does your plan reflect recent changes in income or business performance?

·      Have you considered buying a property through your pension or diversifying pension assets?

For high earners, including tech executives and pharma professionals, we offer pension planning strategies that integrate with broader wealth management goals.

4. Update Estate and Succession Plans

Estate planning is about more than just wills, it's about ensuring your wealth is transferred smoothly and tax-efficiently to the next generation.

Now is a good time to:

·      Review your will, trusts, and power of attorney documents

·      Ensure your succession plan reflects your current business and family situation

·      Reassess beneficiary designations and asset allocations

We provide estate planning services tailored to high net worth individuals, helping clients protect their legacy and plan for the future with confidence.

5. Align Your Financial Plan with Life Changes

Life doesn’t stand still, and neither should your financial plan. Whether you've sold a business, received a stock grant, or experienced a major life event, your financial strategy should reflect those changes.

Ask yourself:

·      Has your income changed significantly?

·      Are you planning a major purchase or investment?

·      Do you need to adjust your risk tolerance or liquidity strategy?

Our approach to wealth management is highly personalised. We work with clients to create tailored financial plans that adapt to their evolving needs, whether that means helping sell a business, planning for retirement, or managing assets.

Final Thoughts

June is more than just the start of summer, it's a strategic checkpoint. A mid-year review allows you to course-correct, capitalise on opportunities, and ensure your financial plan is working as hard as you are.

As financial advisors for high-income individuals and families in Dublin and across Ireland, we specialise in helping clients navigate complex financial landscapes with clarity and in confidence. From investment advice to succession planning, we’re here to support your goals with insight, integrity, and a bespoke approach.

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