Managing Your Finances Through a Career Transition or Layoff

Course details

Career transitions, whether planned or unexpected, trigger a barrage of time-sensitive financial planning questions. How much money do you need to fund your bottom line? What steps can you take to maintain health insurance coverage between jobs? In this course, longtime financial adviser Winnie Sun answers these questions and more, providing practical advice designed to help you survive a gap in income triggered by a layoff or career change. Discover how to leverage your assets during a transition, get your spending under control, and create a financial first-aid kit designed to help you plan your next steps. Plus, learn how to use COBRA to keep your insurance, roll over retirement funds, and start a new job with renewed financial goals.

Concepts

0. Introduction

01 - Getting ready for your career transition
02 - Strengthening your financial mindset

1. Preparing to Leave Your Company

03 - The first thing to do if you find yourself laid off
04 - Preparing your financial first-aid kit

2. Managing Finances while between Companies

05 - What's your bottom line for survival
06 - Creating your Plan B
07 - Planning health insurance during transition

3. Your Finances and Starting a New Job

08 - Evaluating insurance plans
09 - Understanding retirement plan options
10 - Refreshing your savings goals

Conclusion

11 - Committing to lifelong learning