Now let’s pull your retirement assets together. We’ll combine step 1, our employer asset accounts and step 2, our liquid retirement assets to total our investments and assets. Next, we will add in step 3, our non-liquid assets. This creates the asset (or what we own) side of our retirement balance sheet. Let’s get started. …
Moving on to Step 3 means creating an inventory of your non-liquid assets. These are items that would take a while to turn into cash. Think of your home or your car. It could take anywhere from a few days to months to sell and get the cash. Home Sweet Home Is your current home …
Our asset tracking journey began by gathering information on employer asset accounts. Now, let’s move on to creating an inventory of our liquid assets. This includes cash, checking accounts and savings accounts. Liquid assets are those that can easily be converted to cash. Investments like stocks, bonds and mutual funds are also considered liquid assets …
Get Started Locating Your Retirement Assets We’re going to take one step at a time. Let’s start with organizing your retirement assets in your employer accounts. Our first step is to track down employer accounts through current and past employers. I’ve been working for over 30 years and I’ve worked for 5 different employers. So …
Step 1 -Locating Retirement Assets – Employer Accounts Read More »
