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FINANCIAL FOCUS LIFE EVENT FINANCIAL CHECKLIST:

NEW JOB COURTESY OF JAMES EDD HUGHS AT EDWARD JONES®

Whether you are entering or re-entering the work force, changing jobs or starting an entirely new career path, this checklist can help keep your financial strategy on track as you transition to your new position.

Financial Goals ❑ Review and update short- and long-term

financial goals. ❑ Develop and adhere to a monthlybudget

that can help you achieveyour short- and long-term financialgoals. ❑ Save six months’ worth of livingexpenses for emergencies.

Financial Considerations ❑ Consider setting up direct depositfor

your paychecks. ❑ Participate in an employer-sponsored re-

tirement plan (at leastenough to earn an employer match,if applicable). ❑ Gather any paperwork fromprevious employer’s retirement plan, including 401(k), pension and stock options. ❑ Learn options for Health SavingsAccount funds, if you have one. ❑ If relocating: • Determine who will pay relocation expenses. • Consider cost-of-living differences. • Determine if you will rent or buy. • Consider transportation costs innew location. (Will you need a car?How long is your commute?)

Medical and Disability Insurance ❑ Review new employer benefits tounder-

stand coverage and eligibilityrequirements for health anddisability insurance. 14 – SILVER CITYLIFE

Silver City Life Summer/Fall 2011  

Silver City Life is a fabulous publication featuring the best of what Silver City New Mexico has to offer in the way of unique people, busin...

Silver City Life Summer/Fall 2011  

Silver City Life is a fabulous publication featuring the best of what Silver City New Mexico has to offer in the way of unique people, busin...

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