Don’t Let Changing Jobs Derail Your Retirement Plans

Many Americans expect to change jobs in the coming year, which could have significant effects on their retirement planning. Before writing your own resignation letter, take this chance to revisit your financial strategy.

A Post-It Note on a computer keyboard reads, "I Quit!"
(Image credit: Getty Images)

It seems like everyone is either getting a new job or thinking about it.

Many people have made job changes recently and, with low unemployment across the country, even more Americans say they want to take advantage of new career opportunities, according to the 2022 Retirement Risk Readiness Study* from Allianz Life. More importantly, workers have the upper hand in the labor right now with what’s been dubbed the Great Resignation continuing.

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Disclaimer

This content is for general educational purposes only. It is not, however, intended to provide fiduciary, tax or legal advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Allianz Life Insurance Company of North America, its affiliated companies, and their representatives and employees do not give fiduciary, tax or legal advice. Clients are encouraged to consult their tax advisor or attorney.

Disclaimer

Guarantees are ae backed by the financial strength and claims-paying ability of the issuing insurance company.

Disclaimer

Products are issued by Allianz Life Insurance Company of North America.

Disclaimer

Allianz Life Insurance Company of New York, an affiliate of Allianz Life Insurance Company of North America, can offer insurance products in the state of New York.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Kelly LaVigne, J.D.
Vice President, Advanced Markets, Allianz Life

Kelly LaVigne is vice president of advanced markets for Allianz Life Insurance Co., where he is responsible for the development of programs that assist financial professionals in serving clients with retirement, estate planning and tax-related strategies.