1. Goals Alignment
Making a career transition is hard. Sometimes you need a reminder of why you decided to do this. Take inventory of where you are today. Are you seeing the impact you intended?
- More income?
- Job satisfaction?
- Opportunity for advancement?
- Better work-life balance?
- Better alignment with gifts and values?
- Ownership?
2. Resource Assessment
What has been the impact of career change on your finances? We run a cash flow analysis and long-term forecast, answering:
- What's my current trajectory?
- Am I on a sustainable path or do changes need to be made?
- Are there other sacrifices I'll need to make to support my career change?
- How do I manage my assets during this time of transition?
- How do I handle debt during this time?
- What are the "what-if's" that can derail my plan?
3. Benefits Analysis
Also consider other benefits that don't show up on your balance sheet:
- Have my needs changed since making my career change?
- Am I maximizing my new employer benefits?
- Should I be utilizing employer benefits vs personally obtaining
- Are my current benefits portable?
- Have I left behind any previous employer benefits (i.e. 401k, HSA, Stock Options)