From: BRH 
Newsgroups: misc.invest.financial-plan
Subject: Basic Record-Keeping Question
Date: Wed, 6 Dec 2006 14:59:35 -0600
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Since the and of the year is coming up, I thought that this would be a 
good time to post this question.

I tend to be a pack-rat -- keeping all monthly statements from all bank 
accounts, credit card bills, mutual fund accounts, IRA accounts, etc. 
As a result, my file cabinet is starting to overflow with paper.

Although I have a flatbed scanner, I find scanning each monthly 
statement, and setting up a back-up strategy, etc to be tedious.  I'm 
wondering for how long it would be advisable to keep each month's 
statement.  Note that I do keep my tax returns and supporting documents 
for at least 7 years, and I also use Quicken to track all of my finances.

Any thoughts on this would be appreciated.

Thanks!