NYWIFT Blog

5 Tips for Securing Your Economic Future

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.

  1. Prepare for the unexpected. Put 6 months of living expenses in a savings account.
  2. Be aware there are many ways to fund your retirement: 401K, 403b, traditional IRA, SEP IRA, and Roth IRA.
  3. Understand that no amount is too small. Contributing as little as $25 to your retirement fund from each pay check adds up over time.
  4. 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.
  5. 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

PUBLISHED BY

busyk

busyk Kathryn O’Kane is a director and producer with over 20 years of experience in television and advertising. She directed season 2 of the Emmy nominated series The World According to Jeff Goldblum for Disney+. She was the showrunner of the James Beard award-winning Netflix series Salt, Fat, Acid, Heat, and she produced six seasons of the Emmy award-winning series Friday Night Tykes. Her episodes of Iconoclasts for Sundance and Oprah Presents Masterclass for OWN have won NAACP Imagine awards. Kathryn has crafted short form narratives as diverse as Mission Juno for NASA, segments of AMC’s Talking Dead, and commercial assignments for Apple, Meta, United Airlines, and SAP. Kathryn served two terms on the board of New York Women in Film and Television, championing equal pay, diversity and inclusion, and safety in the workplace. She is a member of the Directors Guild of America and Television Academy. Learn more at www.busyk.com.

View all posts by busyk

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

*

Related Posts

Meet the New NYWIFT Member: Eunice Levis

Welcome to NYWIFT, Eunice Levis! Writer and director Eunice Levis is a first-generation Dominican American from the Bronx, New York. Eunice's work focuses on genre-bending stories that combine her love of horror, sci-fi, thriller, and fantasy, often through a diasporic lens. She seeks to disrupt and challenge dominant narratives around technology, race, gender, history, and diaspora identity by altering the stories we tell about them. Eunice spoke to us about her early inspirations, her latest work, and how genre stories offer a unique opportunity to challenge the status quo.

READ MORE

Meet the New NYWIFT Member: Amanda DiMartino

Let’s give a warm welcome to new NYWIFT member Amanda DiMartino! Amanda is a director, producer, and editor committed to audience engagement. Some of her career highlights include collaborations with brands such as Harper’s Bazaar, Peloton, NBCUniversal, SYFY, Complex, KIDZ BOP, The Berlin Film Festival, Standard and Poor’s, and The Hollywood Reporter. Altogether, the 500-plus videos she has worked on have garnered more than one billion clicks and views while generating more than $1 million in revenue. She spoke to us about working with Bad Bunny and Usher, and why exploration is key to success!

READ MORE

Meet the New NYWIFT Member: Vanessa Meyer

Welcome to NYWIFT, Vanessa Meyer! Meyer is a filmmaker, programmer, and educator based in Brooklyn, NY. In addition to having earned a Ph.D. in Communications with a specialization in personal storytelling, she has worked at the Brooklyn Horror Film Festival, Kiss Off Entertainment, Reel Love Film Festival and most recently, Women in Film and Television Vancouver (WIFTV). As an artist, she is interested in exploring the complexities of feelings, a theme that has repeatedly appeared in her work. Meyer spoke to us about championing unique voices as a programmer, moving to NYC, and finding light in the darkness.

READ MORE

Meet the New NYWIFT Member: Mohana Rajakumar

Welcome to NYWIFT, Mohana Rajakumar! Mohana is a South Asian American scholar, novelist, screenwriter, and stand-up comic whose work regularly explores feminist themes. Some of her most notable literary accomplishments include winning the She Writes New Novelist Award in 2011 for her coming-of-age novel An Unlikely Goddess and the Best Indie Book Award for Romance in 2013 for Love Comes Later. She co-wrote and appeared in the short film Me Against the World, directed by Kali Bailey, which appeared in NYWIFT’s “Women in Film Night” at the 2022 Montauk Film Festival. Mohana has resided in Qatar since 2005. She spoke to us about working across various art forms, her writing process, and the special honor that comes with writing a banned book!

READ MORE
JOIN OUR NEWSLETTER
css.php