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Karalena Smith Karalena Smith

401(k) Plans Aren’t Just for Retirement, But Starting Early Matters

Millennial and Gen Z employees know the value of an employer-sponsored retirement plan. A recent survey by Betterment found that 79% of Millennials and 84% of Gen Z would leave their current job for one with better financial benefits. But when it comes to contributing, the numbers go down a lot. A Bank of America study found that only about 55% of Gen Z and Millennial employees contribute, and 70% of Millennials contribute less than $5,000 annually…

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Karalena Smith Karalena Smith

Managing Through an Unexpected Job Transition

Getting laid off from a job upends almost every aspect of your world. Besides the financial impact, there may be emotional, psychological and even physical implications. The goal is to turn a loss into a successful transition to the next stage of your career…

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Karalena Smith Karalena Smith

Surveying the Alternatives Landscape

Investing can take many forms, and an investment plan often changes throughout your financial journey. But one of the core principles of building a portfolio remains, regardless of your investment strategy’s time horizon, risk profile, or goal. Diversification can help smooth out investment returns over time…

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Karalena Smith Karalena Smith

Universal Life Insurance: A Primer

Life insurance has three main categories: term life, whole life (also referred to as permanent), and universal life. Each type is distinctive, with its own set of benefits and features. Choosing the best one depends on your individual needs and priorities and the best fit for your family, loved ones, and other beneficiaries…

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