Risk tolerance for women isn’t just about market volatility. It’s about how financial uncertainty affects your sleep, relationships, and daily peace of mind. For women over 40, traditional risk assessment questionnaires miss the nuanced realities of midlife financial planning. There’s a moment that happens to almost all of us. You’re reviewing your investment statements, reading…
In our last post, we kicked off our two part series of addressing the money tasks you’re avoiding and the steps you can take to make progress. Today, we’re covering four additional areas that you can make headway in your financial life. 4. Open an IRA How many times have you sat down at the…
Taxes play an important role in your financial life. Their reach extends far beyond the dreaded April 15 date and come into play much more than once per year. Taxes are actually involved in nearly every financial decision you make, chief among them being investing. Taxes are to investing as textbooks are to education—you can’t…
Moving jobs can come with many changes: cleaning out your desk, onboarding and learning a role at your new employer, and adjusting to a different team and office environment. One thing people don’t always think about is what to do with all the money accrued in their 401(k). After all, it is your money! Having…
Retirement planning for the self-employed can seem complicated and, often out of reach. Without a traditional workplace 401(k), many business owners and freelancers aren’t sure how to start putting money toward retiring someday. There are, of course, individual options available, specifically Roth and Traditional IRAs. However, their contribution limits may limit your ability to save…
Do you want to make an impact with your money and learn how to invest intentionally? More and more, millennials and members of Gen X and Y are expressing an interest in using their wealth in a way that aligns with their values. A number of options for intentional financial planning have become popular in…
Do you know the difference between saving and investing? In the world of financial planning, the terms “investing” and “saving” are sometimes used interchangeably. The ideas are the same – you’re spending time and energy on setting money aside for your future. However, within your financial plan, it’s important to realize the difference between saving…
Stock options are a popular way for organizations to compensate their employees. They’re a convenient and cost-effective way to provide added value for the work that you do. Stock options also provide an incentive for employees to continue doing high-quality work for the company, because they tie a portion of your compensation to the company’s…
Restricted Stock Units (RSUs) can be an excellent way to grow your wealth. However, like everything with investing, it’s important to understand how they work, and how they fit into your comprehensive financial strategy before moving forward with them. The truth is that RSUs aren’t as cut-and-dry as traditional investing opportunities. They have vesting schedules…
Maxing out your 401(k) doesn’t mean you’re done saving. Depending on your retirement goals, you may need to go above and beyond maxing out this account. There are so many different ways for you to save for your future goals (while in some cases also continuing to save money on your taxes). If you have…