45+ & still unemployed? You’re not imagining it: Boomers out of work longer

With hints of economic recovery starting to surface even in that now infamous lagging indicator, the unemployment rate, it’s tempting to breathe a sigh of relief that the world of work will soon be back to its old normal. But that might be overly optimistic, especially for the 45+ crowd…
A look at jobs data from [...]

3rd time’s a charm re: recovering from unemployment – Article from @Brettarends @WSJ

Following up on my two most recent posts, here’s one more take on how to get back on your feet financially once employed again after a time out of work.  Written by Brett Arends of the Wall Street Journal, the article A Financial Plan for the Newly Rehired includes fresh ideas, new perspectives, and often-overlooked [...]

“Recovering from Unemployment”? @JeanKeener weighs in

Looking for more ideas on this blog’s last topic??  For another take on getting back on track post-unemployment, check out this article by my fellow Garrett Planning Network member Jean Keener.  She points out that if you maintain your lower level of spending once the paychecks start rolling in, you could very well be in a better place than you [...]

Recently reemployed? Great! Now’s the time to prep for next time…

Congratulations! If you’re one of the many rejoining the workforce after a period of unemployment, definitely take a moment to celebrate and appreciate what not so long ago we used to take for granted: a full-time job. 
OK, but no rest for the weary…  Now it’s time to get serious and take advantage of your newfound [...]

Your life insurance – Can you take it with you? “Post-Pink Slip” Lesson #2

In my last post, I mentioned that I took several important points away from my session with Manchester, NH-based Dynamic Networking Group.  Lesson #2 in this series is a short and sweet one: If the life insurance provided by your employer is crucial to your family’s financial well-being, check now — before your job is at risk [...]

Lesson #1 from yesterday’s “Post-Pink Slip” financial planning presentation: COBRA subsidy set to expire 12/31

Many thanks to Leslie Barrett (seated, left) and Manchester, NH-based Dynamic Networking Group for inviting me to present “Making the Most of Your Money: Post-Pink Slip and Beyond” at their monthly meeting yesterday!   
I think this quote sums up the experience perfectly.
Who dares to teach must never cease to learn. — John Cotton Dana
Despite the bad weather, [...]

Boston Globe @GlobeBiz money makeover features career change financial plan

Don’t miss this recent Boston Globe Money Makeover by my friend and NAPFA colleague Dana Levit!
This is exactly the kind of financial planning I recommend prospective career changers do before making a transition. Doing an analysis like this is even more important if your transition is likely to result in a lower [...]

Laid off or employed-but-worried in soNH? Presentation: Pink Slip Financial Planning, Mon 11/30 6PM!

Next Monday, November 30, at 6 PM Eastern, I’ll be doing an encore presentation of “Making the Most of Your Money: Post-Pink Slip and Beyond”, this time for the Dynamic Networking Group, a Manchester, NH-based group of business professionals dedicated to helping members navigate career transitions.
As most of you have probably heard a [...]

Just what does a career change cost?? Part 2 – Examples

Ch-ch-ch-ch-changes… Every year, trees do it beautifully. For them, change comes at little or no cost. The same is true for some lucky career changers, who happen to want a change that doesn’t require a major investment in additional education or business start-up costs, a big pay cut, a period of under- or unemployment, or [...]

Just what does a career change cost??

Following up on the topic mentioned in my last blog post, here’s an answer to a question I get asked again and again:  Just what does a career change cost??
An excellent question, and probably one of the most important things to consider before making any “go/no go” career change decision (and preferably well before that!)  While [...]