How often should I review my financial plan?

It is generally advisable to review your financial plan at least once a year. However, certain life events or changes in your financial situation may warrant more frequent reviews. For example, if you experience a significant change such as a new job, marriage, the birth of a child, or retirement, it is important to reassess your financial goals, investment strategies, and savings plans accordingly. Additionally, changes in market conditions or economic factors may also influence the effectiveness of your existing financial plan. Prudential UK suggests being proactive about monitoring progress toward your financial goals and making adjustments as necessary to ensure you remain on track. To obtain specific guidance tailored to individual circumstances, individuals may want to consult a financial advisor or refer to relevant resources on Prudential's official website, where additional information can be found.