By Kathryn O’Kane
When it comes to financial planning, are you overwhelmed with all the information and advice out there? Not sure where to start? In November, Certified Financial Planners Gail Linn and William Fischer at Fortis Lux Financial (an office of MassMutual) presented a free seminar – available exclusively to NYWIFT members – covering the key concepts you need to consider to achieve your financial goals.
Here are Gail and William’s five introductory tips to secure your economic future.
- Prepare for the unexpected. Put 6 months of living expenses in a savings account.
- Be aware there are many ways to fund your retirement: 401K, 403b, traditional IRA, SEP IRA, and Roth IRA.
- Understand that no amount is too small. Contributing as little as $25 to your retirement fund from each pay check adds up over time.
- Diversify. From stocks and bonds to size and growth, each allocation is going to react differently to what is going on in the market, meaning you can better weather market fluctuations.
- Consider tax diversification of your retirement investments. Traditional retirement accounts, combined with Roth IRAs and cash value life insurance can add necessary flexibility to your portfolio.
A free financial planning consultation with Gail and William is offered as a member benefit to all NYWIFT members, whether you have just started out in your career or have been working for years and are approaching retirement.
Contact information:
Gail Linn, CFP® & William Fischer, CFP®
Fortis Lux Financial, an office of Mass Mutual
277 Park Avenue, 41st & 44th Floor
New York, NY 10172
212-578-0300
Not a NYWIFT member yet? Join online.
Disclaimer: This information is provided for discussion purposes only, and should not be misconstrued as investment advice.
Kathryn O’Kane is a director and producer of television and commercials, as well as a NYWIFT board member. www.busyk.com
busyk
Related Posts
Meet the New NYWIFT Member: Alyssa Lomuscio
Welcome to NYWIFT, Alyssa Lomuscio! Alyssa Lomuscio is a TV editor, story producer, and assistant director based in NYC. Her work as a story producer has earned her two Daytime Emmy award nominations in the Outstanding Lifestyle Program category. She is also a science fiction writer of short stories, novels and screenplays under the pen name A.M. Lomuscio. A 2019 Clarion writer’s workshop alum, her short fiction can be found in Apex magazine and Uncharted. In our interview, Alyssa discussed her time balancing being an AD and a writer and shared stories of working in TV.
READ MOREMeet the New NYWIFT Member: Aurora Caruso
Welcome to NYWIFT, Aurora Caruso! Italian-Belgian artist and former journalist and production assistant Aurora Caruso works with video to explore the relationship between reality and art. After several years in the Italian film industry, she is currently studying Communication and Art & Design at John Cabot University, an American university in Rome. Driven by her passion for cinema, she moved to New York to continue her studies at The New School and has just returned to Italy after a semester there, with the goal of finding work in the United States. She aims to become a director, and her work is shaped by innovation, curiosity, and critical thinking.
READ MOREMeet the New NYWIFT Member: Carol Welter
Welcome to NYWIFT, Carol Welter! Carol grew up in the United Kingdom, steeped in classical theatre, before crossing the Atlantic in 1977 and making the United States her home. Trained on the English stage from girlhood, she spent years acting and directing before discovering that writing was her true creative playground. Through Masters-level workshops and decades of artistic exploration, she turned her talents toward stage plays, screenplays, and poetry—crafting stories that blend imagination, humor, and heart. A woman who has worn more hats than a Shakespeare festival costume rack, Carol has directed, designed, and shaped productions from the ground up. Now a spirited senior storyteller, she writes across continents and galaxies, drawn to tales of transformation, unlikely heroes, and tender love stories. In our interview, Carol reflects on her journey from the stage to the page, the themes that inspire her work, and the new projects she’s most excited to share.
READ MOREMeet the New NYWIFT Member: Maria Giese
Welcome to NYWIFT, Maria Giese! Maria Giese is an American film director, screenwriter, and longtime advocate for equity for women directors in Hollywood. She wrote and directed the feature films When Saturday Comes (starring Sean Bean) and Hunger (based on the classic Knut Hamsun novel). A member of the Directors Guild of America for over 25 years, Giese is widely recognized for her role in initiating the 2014 ACLU and 2015 EEOC investigations into systemic discrimination against women directors. Her work is featured in the documentaries This Changes Everything (2018 Netflix), Half the Picture (2018 Amazon), and the Sundance hit Brainwashed: Sex-Camera-Power (2022 Kino-Lorber). Maria spoke to us about her career trajectory, her turn to advocacy, and what she sees for the industry moving forward.
READ MORE
