3257: How Long Should You Keep Your Financial Statements? by Jeff Rose of Good Financial Cents |...
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Jeff Rose offers a practical guide to organizing and storing key financial records, from brokerage and retirement statements to tax returns, bank statements, and insurance policies. He explains how long to keep each type of document, when it’s safe to shred them, and how to protect against identity theft. His advice balances the convenience of digital storage with the security precautions needed to safeguard your most sensitive information.
Read along with the original article(s) here:
Quotes to ponder:
"Keeping a good filing system of all your statements will help you do a better job of investment tracking."
"It’s advisable to keep your tax returns ‘forever.’"
"Proper shredding is an easy way to protect yourself from identity theft."
Episode references:
IRS Recordkeeping Guidelines:
Business Insider - Google Drive Security:
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