Career Builders

Helping you set and attain your financial goals

 

Career Builders seek promotions and may have already changed employers.  While promotions are exciting, the added employer expectations and time demands may put your investing decisions on the back burner.

Integras Partners with Career Builders who want to be better stewards of their money.  You may have scattered investments, a growing savings account, and a desire to better understand your investment opportunities. This is a great time to define your financial goals and establish behaviors that help attain them.

Early investors can reap tremendous returns.  Investment returns compound over time, so starting early gives you a great head start towards retirement and financial independence. Even if you later need to taper down investing when starting a family or buying a home, your existing investment will continue to grow, as shown in the chart below.

Family hiking together
established pro

Notes: Assumes an 8% interest rate, compounded annually.

Source: Catanzaro, M. (2018). How Does Compound Interest Work? Federal Reserve Bank of St. Louis

Insights for the Career-Minded

Why Target Date Funds May Miss the Mark

Why Target Date Funds May Miss the Mark

Most 401(k) and other retirement plans offer Target Date Funds (TDFs) as a default choice. They have become increasingly popular for a few good reasons but are rarely the best solution once your accounts achieve some size.

read more
Age-Based Milestones for Financial Planning

Age-Based Milestones for Financial Planning

Reaching certain ages can be meaningful for financial planning. Age can affect contributions and withdrawal rules from retirement accounts, social security and pension options, and even taxes as many aspects of the tax code are linked to age.

read more
The New FAFSA

The New FAFSA

Changes to the FAFSA form and the formula for determining a family’s need for aid are changing, effective for the 2024-2025 school year. While all the changes are beyond the scope of this post, here we highlight two from a financial planning perspective. Parent...

read more
Momentum and Mindfulness

Momentum and Mindfulness

2024 started with concern over stock prices, focused on the widening gulf between the price moves of the “Magnificent Seven” tech stocks and the rest of the market.

read more
Enjoying Today While Investing for the Future

Enjoying Today While Investing for the Future

Karen and Michael were feeling stressed about money and were referred to us for guidance. In our initial conversation, we learned that Karen has a corporate job and Michael is a freelancer. They have significant bank savings to compensate for Michael’s irregular...

read more
IRA Basics – Traditional vs. Roth

IRA Basics – Traditional vs. Roth

An IRA (Individual Retirement Account) is a great opportunity for younger investors to save for retirement. IRAs come in two flavors, Traditional and Roth, the main difference being when taxes apply. While traditional IRA contributions may provide a current year tax...

read more

No matter where you stand on your financial journey, we’re here to help.

Partner with Us

Let's begin our conversation to see how we can help you reach your goals.