Category Archives: Career

Can’t get yourself FIREd? You can still have a LIFE.

FIRE stands for financially independent, retire early. The movement continues to grow, with retirees in their 20’s through 40’s. It has caught on because it is unexpected – we don’t picture retirees being so young. Yet it is entirely possible and there is an ever-growing number of blogs and books that prove it. The typical profile of someone who has achieved FIRE: Graduated from college with very little or no student loan debt Earned $100,000+ per year with benefits SavedRead More

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Advice for All Stages

Recent Graduates / Early Career Typically in your 20’s Cash Flow:  Allocate at least 20% of your gross income to long-term savings and / or paying off debt.  Now is the time to get money invested so it can compound. Start identifying spending habits and patterns by creating a budget or trying out the WholeWallet30. Tax Planning:  For many during this stage, it makes sense to save to a Roth versus pre-tax retirement vehicle since starting salaries tend to be lower than inRead More

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Prepare yourself for the “gig economy”

Many believe the “gig economy” is here to stay and will continue to get bigger. I heard a futurist speak at a conference a couple years ago, and he predicted there will be a “match.com” for employers and workers. Work will become more project-based with workers not necessarily being employees of a company but functioning as independent contractors. With Microsoft’s recent purchase of LinkedIn, Microsoft may see LinkedIn as that matchmaking site. I will be asking our educational speaker nextRead More

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Quite a few friends and clients have recently shared that they are contemplating a major career change.  They have a passion for something other than what they are currently doing 40 hours a week.  Before making the plunge, consider the following: 1.   Be honest with yourself about why you are contemplating the change.  Did you recently get overlooked for a promotion?  Is there a new co-worker or manager that you don’t get along with?  Have you been overworked? If theRead More

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Thinking of leaving your job to stay home with your child?  Make sure you follow these steps before making the move. Obtain references from your current employer.  When you re-enter the workforce, you most likely will be required to provide references.  Ask for references now while you are fresh in their mind. Collect your Annual Employee Reviews.  Hopefully you have been saving your Annual Reviews all these years!  File and save them for future employers. Track your spending for one month.  Save your receipts, use Mint, or any otherRead More

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