Comparison charts

Keep, toss, or shred: household documents compared

Most household paper falls into three fates. This chart sets them next to each other by document type, so a drawer can be emptied in one sitting rather than reconsidered every year.

Document typeFateTypical periodNote
Birth, marriage, citizenship recordsKeepForeverOriginals in one recorded place
Property deeds, mortgage papersKeepWhile owned, then several yearsKeep the closing file whole
Tax returns and supporting recordsKeepSeveral years, longer where requiredPeriods vary by jurisdiction
Insurance policiesKeep currentUntil replaced by the new policyKeep claim records longer
Warranties and receiptsKeep togetherWarranty lengthA warranty without the receipt is usually unusable
Utility and phone billsTossOnce paid and reconciledKeep one if it proves your address
Bank and card statementsToss or archiveOne year, unless supporting taxesDigital copies are enough for most
Anything with an account numberShredNever in the recycling whole

How to read this

Work down the first column with three piles in front of you. When a document could plausibly belong in two rows, keep it — the cost of keeping is a folder, the cost of tossing can be a replacement process.

Where to go next

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Please note. Retention periods and document rules vary by country and personal situation. This guide describes common practice, not legal or tax advice — check the rules where you live before shredding anything.

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