Tag: Financial planning

Thinking of Taking a Career Break? How to Prepare your Finances for What’s Next

by candacemoody

I’ve written before about what economists are calling “The Great Resignation.” A recent Wall Street Journal article says, “Employers are seeing a wave of sabbaticals, leaves of absence and job departures this year in what’s been dubbed “The Great Resignation.” In July, 2.7% of U.S. workers left their jobs, according to the Bureau of Labor Statistics, … Continue reading Thinking of Taking a Career Break? How to Prepare your Finances for What’s Next

Financial Planning for Gig Workers

by candacemoody

Gig workers usually have more autonomy and independence in when and how they work. That’s the good news. With independence comes volatility, in both workload and earnings. That means gig workers must be even more savvy that traditional workers when it comes to financial planning. So although the following is great advice for anyone in … Continue reading Financial Planning for Gig Workers

FIRE: Could You Retire Early?

by candacemoody

FIRE is the acronym for “Financial Independence, Retire Early.” If 50 is the new 30, FIRE practitioners want to make 35 the new 65. Most of us think of retirement age as somewhere between 62 (Social Security eligibility) and 70 (mandatory retirement age for some professions, and the age when Social Security payments max out.) … Continue reading FIRE: Could You Retire Early?