Financial Answer Center
Find the answers you need, just when you need them.
What's the major concern of most people during a career transition, especially an involuntary one? NO PAYCHECK. Are you asking yourself: "What am I going to do to pay my bills?", "Where will the income come from?" The answers vary, of course, depending upon your financial position.
For one thing, you need to understand that there are different economic stages of your loss of employment, from your first notice to unemployment insurance. You should build your financial planning around this series of stages.There are several methods of providing supplemental income. You might also consider taking out a loan, or tapping into your retirement assets. This section also includes a comparative chart that lets you see at a glance what the best way to borrow might be for you.
Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. United Wealth Management is a trade name of United Bank. Infinex and United Bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.