Episode Details
Back to EpisodesLeaving Work To Care For Loved Ones: What You Need To Know
Episode 241
Published 5 years, 4 months ago
Description
Many women leave the workforce to care for someone they love. But how do we do it while compensating for our lost savings opportunity? Even a one year career break can mean $160,000 less by retirement. Kathy Murphy, President of Personal Investing at Fidelity Investments, offers real solutions for weighing the pros and cons of a career break, and shares concrete steps we can take to reduce the financial impact. In Mailbag, saving in an emergency fund, second act careers, and helping a parent save for retirement. In Thrive, getting reimbursed for work-from-home expenses.
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