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Ep 98: Financial Planning Considerations When Between Jobs
Manage episode 360011462 series 2891513
Finding yourself between jobs can be frustrating. Whether you were fired, laid off, or just had to step away of your own choosing, change can feel challenging, but can also present exciting opportunities. In today’s episode, we’re going to talk about changing careers and cover five financial planning considerations when transitioning into a new job.
Here’s some of what you’ll learn in this episode:
- It is time for a new career in a new industry? Or time to work for yourself? Some questions to ask yourself between jobs. (3:32)
- Some health insurance options to explore between jobs. (8:47)
- How to handle severance to support your lifestyle and grow your wealth. (11:02)
- The importance of consolidating your old 401Ks during this transition. (13:50)
- What kind of tax planning should you be doing? (18:00)
Want to get in touch?
Web: https://sierensfinancialgroup.com/
Email: office@sierensfinancialgroup.com
Phone: 847-235-6989
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
149 episodes
Ep 98: Financial Planning Considerations When Between Jobs
The Retirement Show: Your Life, Your Money with Scott Sierens
Manage episode 360011462 series 2891513
Finding yourself between jobs can be frustrating. Whether you were fired, laid off, or just had to step away of your own choosing, change can feel challenging, but can also present exciting opportunities. In today’s episode, we’re going to talk about changing careers and cover five financial planning considerations when transitioning into a new job.
Here’s some of what you’ll learn in this episode:
- It is time for a new career in a new industry? Or time to work for yourself? Some questions to ask yourself between jobs. (3:32)
- Some health insurance options to explore between jobs. (8:47)
- How to handle severance to support your lifestyle and grow your wealth. (11:02)
- The importance of consolidating your old 401Ks during this transition. (13:50)
- What kind of tax planning should you be doing? (18:00)
Want to get in touch?
Web: https://sierensfinancialgroup.com/
Email: office@sierensfinancialgroup.com
Phone: 847-235-6989
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
149 episodes
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