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Life Events & Family

What Issues Should I Consider if I Get a Promotion or Raise at Work?

Overview

Additional income is easy to absorb into everyday spending without ever making a deliberate decision about it. A promotion or raise is a natural checkpoint to redirect at least part of that increase toward existing goals.

Higher income can also come with new benefits, more valuable equity compensation, higher coverage needs, that are worth reviewing rather than assuming last year's elections still make sense.

What this checklist covers

  1. 1Cash flow issues
  2. 2Retirement plans and equity compensation
  3. 3Insurance planning issues
  4. 4Other issues

Common questions

Preview of the What Issues Should I Consider if I Get a Promotion or Raise at Work? checklist

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A printable list of what to handle, and in roughly what order.

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Sourced from a licensed fpPathfinder checklist. Page copy is original summary content.