Summary
Q: Between credit card bills, pay stubs, brokerage statements and bank records, I've got more papers than I know what to do with. What financial paperwork do I need to save and for how long, and what should be tossed out?
A: It's hard to imagine life becoming paperless any time soon. So consumers need to find the right balance between cleaning house and retaining papers that could prove useful or vital later on. To make the most of that paperwork, though, requires not just keeping it, but organizing it, personal finance experts say.See the full content of this document
Extract
What Papers Should I Keep, for How Long?
"What do I need and what will I need in the future?" said Barbara Steinmetz, a financial planner and tax preparer in Burlingame, Calif. "Saving (all) pape...
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