Do you control your money, or does your money control you?
Your answer can be a good indication of your financial wellness.
What is Financial Wellness?
This buzzword is often mentioned, but not often defined. Is it a healthy debt-to-income ratio? A growing retirement plan? Control over day-to-day financial interactions?
Yes to all three, and more.
A Personal Thing
Financial wellness means different things to each person. To help develop what it means to you, MHealthy offers free resources.
Fidelity and TIAA, U-M’s longtime partners in administering its retirement plans, also offer a variety of programs to increase your financial IQ. You can start with their free webinars; follow the links below to register.
Fidelity
Wednesday, Sept. 1 – noon
Basics of a Solid Financial Plan
Wednesday, Sept. 8 – 1 p.m.
Women Talk Money: Feeling Stable during Financial Instability
Thursday, Sept. 9 – noon
New to ETFs? 5 Must-ask Questions to Get Started
Wednesday, Sept. 15 – noon
Inflation, Interest Rates, Income: Keeping ‘I’s on Investing
Take your pick of more free Fidelity webinars this month. All are offered at Eastern Time (ET).
TIAA
Tuesday, Sept. 14 – noon
Planning for College? Save with a 529 Plan
Tuesday, Sept. 14 – 3 p.m.
Inside Money: Managing Income and Debt
Wednesday, Sept. 15 – noon
Start to Finish: The Early Career Woman’s Guide to Financial Wisdom
Wednesday, Sept. 15 – 3 p.m.
Tomorrow in Focus: Saving for Your Ideal Retirement
After you log in at TIAA.org, go to the Live Webinar Lounge section to view all TIAA webinars and register. Times are ET.
Schedule a Check In
It's also a good idea to monitor your U-M retirement plans to ensure they're performing as planned. Your appointment can be virtual or by phone to suit your schedule. Face-to-face consultations are expected to resume when public health conditions allow.
To schedule:
- Visit Fidelity's scheduling page or call (800) 642-7131, weekdays from 8 a.m. to midnight
- Visit tiaa.org/schedulenow or call (800) 732-8353, weekdays from 8 a.m. to 10 p.m.
