We’ve all heard it: inflation, supply disruptions, labor shortages, global instability, and more has led economists to theorize that some form of a recession is on the horizon.

Financial planning is evolving as many of us need to keep more cash available in savings for unseen personal and business emergencies. Your financial projections now need to be more sophisticated – encompassing a broader range of potential outcomes. What can you do now to prepare for a possible economic downturn?

We’ve asked Robert Dalie, CFP, Managing Director of Investments of The Summa Group | Oppenheimer & Co. Inc. to join our partner, Maria Arriola, CPA, as they share critical actions you can take now to update your personal financial plan for 2022 to help you meet these future challenges head-on.

They will discuss:

• Getting your financial house in order: auditing your expenses, building your balance sheet, revisiting your budget, and putting together a plan you can follow
• Assessing your debt and credit: Reviewing loans, checking APR and Loan to Value (LTV) ratios
• Revisiting your portfolio and retirement plan: rebalancing, adjusting contributions
• Preparing your business: cash flow and inventory considerations

Robert and Maria will also take questions through our live Q & A chat.