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Switching Jobs? Here’s How to Keep Your Finances on Track.

There’s much more than salary to consider when weighing a new job offer—and many financial decisions to make after you accept. These insights can help.

 

THE FIRST QUESTION MOST PEOPLE ASK when they get a job offer is: How much will it pay? While salary is clearly important, there are other factors you might not immediately consider—including location, benefits and the potential financial consequences of leaving your present employer. Each could have a significant impact on your long-term financial security.

 

As Las Vegas-based Merrill Financial Advisor James Taylor puts it, “Your upfront salary is just the starting point when considering a job offer. And if you accept the position,” he adds, “you’ll need to make other important financial decisions to help ensure that you’re staying on track to meet your financial goals.”

 

Whether you’re just weighing an offer or have already decided to take it, your financial advisor can help guide you through key considerations in the decision-making process. In fact, as with all big life changes, switching jobs can be a convenient time to review and update all of your financial plans. Use the questions below to shape your conversations with your advisor.

 

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