This is a simple guide for a renter. Homeowners would need to save their loan documents and title forever.
KEEP FOREVER:
• Birth and death certificates
• Social security cards
• Pension plan documents
• ID cards and passports
• Diplomas
• Any Life insurance policy
• Wills, living wills, and powers of attorney
• Vehicle titles and loan documents
KEEP THE MOST CURRENT COPY:
• Annual insurance policy statements
• Retirement plan statements (401(k), 529, IRA, etc.)
• Rental agreement
KEEP FOR SEVEN YEARS:
• Tax records and receipts
KEEP AS LONG AS YOU OWN THE ITEM:
• Warranty documents and receipts
• Owners manuals
KEEP ONLY UNTIL YOU HAVE RECONCILED THE ACCOUNT:
• Bank statements
• Credit card statements
KEEP FOR ONE YEAR:
• Medical records and bills