There is a question I hear often from women who have been saving for decades, doing everything right, maxing out their 401(k), watching the balance climb, and then suddenly, somewhere in their late 40s or early 50s, they start to wonder: is this actually enough? And more importantly, do I actually know how this turns…
Change and control go hand in hand. Some changes fall easily into your scope of control, whereas others remain just outside it. You can’t control the weather no matter how much you wish that sunny January morning was actually sparkling snow. But there are other times when it doesn’t feel like you have control over a…
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…
If you’re a member of the modern workforce, you likely have access to a 401(k). A 401(k) is a retirement savings vehicle sponsored by your employer. Through your 401(k), you’re able to contribute funds and invest them according to your risk tolerance and retirement timeline. The goal is to grow a sizable retirement nest egg…
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 remember the ING commercials that asked consumers: What’s your number? The idea was that everyone has a “number” that defines how much they need to retire. While it’s absolutely true that you need to set clear retirement savings goals for yourself, it’s also true that you have a “number” right now as a…
You got the job – congratulations! Going through an application process is never easy, and when you get an offer letter, it can be emotional – and give you a sense of validation. Whether you’ve just landed the job of your dreams, or you’re switching career paths and excited for a new opportunity to rebuild,…
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…
Do you dream of being a millionaire? Many entrepreneurs and hard-working career professionals have big money goals for themselves. The idea of becoming a millionaire is appealing – but the steps you need to take to get there can be less than clear. Some people might assume that becoming a millionaire isn’t possible without a…