Financial Podcast - How Changing Jobs Can Setback Your 401(k) Savings

Triad Podcast Network

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2M ago 28:14

MP3•Αρχική οθόνη επεισοδίου

On this episode - Jennifer Johnson, a certified financial planner from Three Magnolias Financial Advisors, discusses the often overlooked impact of changing jobs on your 401k savings. While the episode drops post-election, we're steering away from market reactions and diving into a compelling story from the Wall Street Journal about how job changes can potentially slash $300,000 from your retirement nest egg.

Jennifer shares her expertise on the importance of maintaining your savings rate when transitioning between jobs and highlights the common pitfalls that employees face, such as defaulting to lower contribution rates or missing out on employer matches. Discover practical advice on how to navigate your 401k options during job changes, ensuring your retirement savings stay on track despite the whirlwind of new job responsibilities.

CLICK TO READ THE WSJ STORY

For personalized advice, reach out to Jennifer Johnson at Three Magnolias Financial Advisors

jennifer@3-magnolias.com

(336) 701-1600

The Triad Podcast Network is proudly sponsored by The Ginther Group Real Estate, Ashley McKenzie-Sharpe of Highlands Residential Mortgage, Dewey's Bakery, and Three Magnolias Financial Advisors.

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