Planning Step #1 :
Before Your Sabbatical
Before actually quitting your job and going on your adventure,
we’ve identified 3 important steps you need to go through.
Which one are you currently in?
Step 1: Learning About Sabbaticals
If you’re dreaming of that sabbatical, but you’re not quite sure that you can make it happen, this post was written with you in mind! We’ve answered your most urgent questions!
Do you just need a week off to change scenery and get some rest (or much-needed adventure) or do you actually need a longer break than that? A good alternative to an often way too short vacation might be a sabbatical.
But what’s the difference between a sabbatical and a normal vacation?
Dreaming of going away for a year? Quitting your job and exploring the world? But you are scared taking a sabbatical will ruin your career? What if it can actually help you grow it?!
Step 2: Get clear on your Sabbatical
Taking a prolonged break from work requires mindful financial planning and goal setting. These 5 questions will help you define your sabbatical goals!
The beginning of the year is here! There is no better time than now to commit to making our dreams happen. If taking a sabbatical or an extended break from work is at the top of your list for this year, here is how to start making it a reality!
We’ve all experienced that feeling of apprehension and dread leading up to a conversation with our manager. Whether it’s asking for a pay rise, asking for feedback, or even giving your notice, it’s only natural to experience anxiety or worry in anticipation of the confrontation. If you’re considering a career break to travel, it’s likely you’re already worrying about the moment you’ll need to bring it up at work.
Step 3: Financial Planning for Your Sabbatical
4 Effective Financial Strategies When The Market Is Down – Optimize your investment portfolio to embrace market fluctuations.
You’ve given your notice to your company. You’re getting ready to leave on your sabbatical. But before you go, you still have a few things to take care of…like what to do with your 401(k) now that you’ve quit your job.
Benefits can play a big role, yes, but please don’t let them be the reason you don’t take the sabbatical you’ve been dreaming of. Let’s understand what you have so you can be savvy about (and prepared for) leaving some of those benefits behind!
Are you thinking of taking a break from work. 6 months, maybe 1 year without stepping in the office! Wouldn’t that be a dream? Maybe you’re thinking that could only be jus that… a dream. It is very much possible with the right planning!
This is why working with a financial planner on your sabbatical is a great way to make that dream come true!
Did you know that December 31st is the deadline for Roth conversions, tax loss harvesting, and employee contributions for self-employed plans?
Here is what it means for you and how it relates to sabbatical planning!
We both had amazing and memorable sabbatical experiences (if you’re curious you can learn more here). Our time abroad shaped the humans we are today as well as the business we are building!
As financial planners, we now help you to get that experience!
Our mission is to make sabbatical breaks not only possible but also an important, intentional, and rich part of your career through smart financial planning!
If you are being called to quit your job and start planning a trip around the world, then this is for you. With smart planning, you can have it all!
Kailie & Taylor