Career Change or Job Loss Checklist
The change of a career can be an exciting time and, conversely, the unexpected loss of a job is one of the most impactful and emotionally stressful events one can experience. This check list is designed with a goal to be a simple, organizing resource to ensure that every area of a person’s financial life is addressed in a timely and systematic manner.
Insurance Review
- Medical/Dental
- Unemployment
- Life
- Disability
- Long-term care
Employee Benefits
- Cobra
- Severance
- Outplacement service
- Retirement plan
Portfolio Review
- Investment strategies
- Asset allocation
- Risk tolerance
- Time horizon
- Diversification
- Contributions
- ESG
Financial Planning
- Changes to cash flow
- Short-term and long-term goals
- Emergency fund
- Monte Carlo analysis