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Whether you’re wanting to plan a sabbatical, currently on one or returning from an extended break,
these resources are made to support you.
As financial planners specializing in sabbatical planning, we hear and answer a lot of questions. Today we’re answering the top 3 questions we get so hopefully this can help you too!
We often really only think of the travel portion itself when considering taking a sabbatical, but there are a few other stages of the journey to take into account too. The wind down leading up to it, the logistics of the trip itself, and the reintegration period afterwards – all 3 stages should be considered when planning the money aspect of a sabbatical.
You’ve filed your tax return. What’s next? Make sure to look back at your return carefully to help plan for the year ahead!
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 afraid future employers will see this gap as negative or unprofessional? Taking a sabbatical can actually boost your career if you can present it the right way.
The beginning of the year is a great time to review your contributions to your employer retirement savings plan because it’s when the annual contribution limits reset. It’s also often when any raises go into effect. And you’re in a new tax year.
But how can you properly review it? Here are some things to look for!
Taking a break from work boosts wellbeing, morale, and productivity. This has been proven time and time again. Numerous studies have explored the importance of small breaks throughout the day, but what about breaks that are a little longer? How do other countries think about that?
Contrary to popular myth, you really don’t have to be rich and have a lot of freedom to take a sabbatical, and the thousands of people around the world who are on their sabbaticals right now are proof! You could be one of them, too!
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.
What if planning an exciting sabbatical actually gave you more energy and motivation to complete your projects at work, finish your tasks, and be more productive with the time you have before going on your trip?
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