Financial Wellness Checkup - Mid-Year Review

As we approach the midpoint of 2024, now is a perfect time to conduct a personal financial wellness checkup. Reflecting on your financial goals and progress can help you stay on track and make necessary adjustments to ensure a prosperous year. Here’s a comprehensive guide to performing a mid-year financial checkup.

Retirement 101: Which Retirement Account is Best For You?

No matter what stage of life you’re at, investing in a retirement fund is important. The earlier you can start saving and investing, the better. Here are some tips to help you pick the best retirement account for you and get your savings on track for your future.

Debunking Spooky Financial Myths

Ghost stories aren’t the only spooky myths being told this time of year. Below we are debunking four common financial myths.

Financial Tips When Starting a New Job

Are you starting a new job? An important change like this can stir up many emotions — both excitement and nervousness included. MSUFCU is here to help make your transition as smooth as possible with tips for maintaining your finances through beginning a new job.

Debunking Common Retirement Savings Myths

How’s your retirement planning going? No matter what stage of life you are at, investing in your retirement fund is important. There are many unforeseen challenges that could make retirement planning difficult, including reduced Social Security and Medicare benefits, higher taxes and inflation rates, fewer traditional pension plans, lower market returns, and rising life expectancies and health care costs. Let’s talk about — and debunk — some common retirement planning myths.

Save For Retirement or Pay Off Debt?

When it comes to making decisions on how to spend your money, one challenge determining how to both save for retirement and also get out of debt. Here are some ways to figure out how you can do both.

Recently Graduated With a New Job? Time to Budget Like a Rock Star

You have reached financial independence and can now spend money on the things you want. But with this freedom comes questions such as, “Where is all my money going each month?” and “How much should I save?” Creating a budget can help answer these questions and provide a financial framework to help you achieve your goals. Here’s how to get started.

How to Get Your Retirement Savings On Track

Whether your retirement is in 15 years or 45 years, saving for your future is important. Here are some guidelines on how to get your retirement savings on track for your future.

Give Yourself a Raise: Review Your Retirement Savings

Even if you began saving late or have yet to begin, there are steps you can take to increase your retirement savings. Consider the following tips, which can help you boost your savings — no matter what your current stage of life — and reach your retirement goals.