After two successful decades in corporate HR, Drew feels unfulfilled in her career and dreams of making a change. She loves the financial security her job provides, but after the divorce she keeps wanting to know when it will finally be her turn to pay more attention to her own fulfillment.
She’ like to explore a career change that would bring her back to why she chose her field in the first place: to help create well-being for people. Drew just inherited some money from her grandmother, plus she has a bunch of stock options that could help fund a smoother transition.
Yet she’s a single parent to her 12 year old daughter – wouldn’t leaving her stable high-income career be irresponsible?
Together, Drew and her financial planner designed a plan that accomplished the following:
Drew spent her sabbatical traveling in Southeast Asia with her daughter. In addition to making some lifetime memories, the trip gave her much-needed time for introspection.
She came out with the conviction that while she needed to make a change, she could do so in a risk-managed way. Drew plans to stay in her job for the near-term to keep building up her nest egg, but she is committed to doing one thing every week that will help her figure out her next career move.
With these steps, Drew feels re-invigorated. And with her financial planner as a trusted sounding board, she feels confident about moving forward in her journey- even as the destination is not yet clear.
Please note that this case study is purely hypothetical and does not pertain to any existing clients of Modern Family Finance. It is important to understand that no aspect of the content should be interpreted as a guarantee that you, as a client or prospective client, will achieve similar results or levels of satisfaction if you engage Modern Family Finance for financial advisory services.