In one of my past incarnations, I was an HR Generalist. As such, my job involved technical recruiting for high-tech companies, and, the area of company benefits.
In a recent conversation with a former colleague from my HR days, she said, “I don’t understand it! My company will give us $1 for every $1 we put into our 401k retirement savings.
Yet, so many women in their 40’s and 50’s, who’ve worked here for at least 10 years, refuse to participate in the company 401k.” What? This is one of the worst Money No-No’s a woman employed in corporate can do to herself.
The Bad-Ass Bag Lady’s mantra is, “NEVER LEAVE $$$ on the TABLE!” No Time, No How! With that being said, if you don’t understand how your Company’s 401k plan works, all you have to do is ASK your HR representative
Since we are in the midst of a pandemic, some people are comprising their future cash stash, with early withdrawals. This may confuse you or make you wonder if now is the best time to actually invest in your future.
In the comment section below, tell me how much money you believe a person needs to live on every year from age 62 to 100.
If you need more support, feel free to reach out and book a Hot Money Session.
ASK ME Anything to eliminate Money slipping from your adorable fingers.
Warmly, Connie
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