Financial Wellness
Getting your finances in shape
Money plays a critical role in our lives and not having enough of it can have a significant impact on our health. Financial wellness is not a new topic, but what does it really mean? It can be difficult to define, because financial wellness is different for everyone. It’s personal and subjective. We all have diverse financial goals, priorities, needs and wants. In general, feeling financially well is finding a proper balance between spending and saving, and living comfortably today while preparing for the future.
Understanding that money management is personal and finding financial balance can be a challenge, we’re excited to announce personalized and customizable online Financial Wellness Planners focused on the 3 basic financial wellness needs:
Are you saving enough for retirement?
Everyone’s picture of retirement looks different. You may want to travel the world or spend time with family. The Saving for Retirement Planner will track your progress toward achieving your goals. The planner allows you to customize your view of retirement, add all retirement savings, and more to see your bridge to retirement.
Do you know how much you’re spending on groceries, bills or dining out? The goal is to spend less than you earn – easier said than done. The Income & Expenses Planner is a simple tool that allows you to choose how you’d like to approach understanding your finances: Detailed or Simple. After completing the planner, you’ll be able to see where your money is going each month, if you’re spending too much or if you could save more. Make small changes and view the big impact little adjustments can make to your financial future.
Are you trying to pay down or pay off your debt? Debt is a normal part of life these days. Too much debt, however, can put your financial health at risk. The Managing Debt Planner provides customized pay down plans based on your debts, risk tolerance and pay down preference. We’ll walk you through simple steps to select the track and options that are right for you.