10 Financial Documents You Should Never Get Rid Of — and How It Could Cost You If You Do

Adam Palasciano  Wed, August 7, 2024  GOBankingRates

As you get older, there are so many documents to keep track of. Official government documents, IDs, bank statements, bills, and other important notices can pile up fast.

It can be a struggle to keep everything organized and identify which documents are the most important to preserve. If you’re unsure, there are 10 specific financial and personal documents you must keep forever.

10 Financial Documents That You Should Never Throw Away

Here are 10 financial and personal documents that you should never get rid of, according to The Washington Post:

Birth certificates and adoption papers.

Death certificates.

Funeral programs.

Estate documents, including your will and power of attorney documents.

Marriage and divorce records.

Year-end pay stubs.

Social Security cards.

Military service records, including discharge documents.

Retirement or pension records.

Loan payoff statements.

If you have financial and personal records and you aren’t sure how long you should keep them, it’s best to err on the side of caution and keep them as long as possible.

Additional Important Documents and How Long You Should Keep Them

For all other important financial documents, here’s how long you should keep them, according to The Washington Post and Forbes:

To Read More:

 https://www.yahoo.com/finance/news/10-financial-documents-never-rid-174706502.html