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: Veanne Cao
Welcome to NYWIFT, Veanne Cao! We had the opportunity to interview Veanne Cao, a Vietnamese-Chinese writer and director whose work spans both the personal and the playful. Her short films—ranging from intimate dramas that explore memory, identity, and the Asian diaspora to comedies inspired by life’s absurdities—have screened at festivals around the world. Beyond the indie film space, she brings her storytelling sensibilities to the commercial and editorial world, producing content for global brands and publications. Veanne currently lives in Brooklyn with her partner and two shih-tzus.
READ MOREMaria Miles Previews the 2025 New York Greek Film Expo
As former NYWIFT Board Member Maria C. Miles finishes up her first year as President of the Hellenic Film Society, we sat down with her on the eve of the New York Greek Film Expo to discuss her time with the organization and what we have to look forward to at this year’s fest. Mary is the founder of an entertainment law practice with offices in New York. Maria’s practice focuses on all areas of entertainment law, including film (narrative and documentary), music, literary publishing, and digital media. She has represented award-winning producers, directors, writers, actors, television hosts, multi-platinum recording artists, and corporations in the fashion and sports industries related to their entertainment matters. Maria is the Executive Director of the Hellenic Films Society, USA, and served as Secretary of the board of New York Women in Film & Television. She continues to serve NYWIFT as their legal counsel. She is also an Adjunct Professor at the Feirstein Graduate School of Cinema and the School for Visual Arts, as well as an Adjunct Instructor at NYU Tisch School of the Arts.
READ MOREMeet the New NYWIFT Member: Amy Heller
Welcome to NYWIFT, Amy Heller! Amy is the co-founder of Milestone Films, an award-winning film restoration and distribution company dedicated to rediscovering lost and overlooked films. After fleeing academia, Amy found her passion in the independent film world and co-founded Milestone with her partner Dennis Doros in 1990. For 35 years, their mission has been to restore forgotten cinema, particularly films by and about women, people of color, Native Americans, and LGBTQ+ community members. Amy spoke to us about her journey in film distribution, the evolution of the industry over four decades, and her exciting upcoming transition as she passes Milestone to the next generation.
READ MOREMeet the New NYWIFT Member: Courtney DeStefano
Welcome to NYWIFT, Courtney DeStefano! Courtney grew up in a small town, where she spent hours devouring old movies and pouring through every indie-film magazine she could get her hands on. She graduated with a BFA in Film & Television from NYU Tisch School of the Arts before embarking on her editing career where she worked with clients like CBS, Bravo, Showtime, BET, NatGeo, Discovery & TLC. She’s spent the last several years dividing her time between chasing after her three young sons and hiding in her home office to write. Her work has been recognized by the Los Angeles International Screenplay Awards, PANO Network, Hollyshorts and the PAGE Awards, among others. In our interview, Courtney discussed her small-town inspirations, how editing informs her writing and directing, and her latest short film.
READ MORE
