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Celebrate your financial freedom this Independence Day

fidelity fathers financial tips

As we prepare to celebrate the day the United States declared independence from England, now would be a good time to take stock of your financial independence. According to a Fidelity Investments survey, 40 percent of Millennials define financial independence as self-reliance. Twenty-two percent of Gen Xers say they’d consider themselves financially independent if they aren’t tied down to a job, and 30 percent of Baby Boomers just want to be able to live comfortably. Whatever your definition of financial freedom, Fidelity Investments and VUMC offer tools to help you get there.

  • Take advantage of VUMC’s two-percent match. If you contribute at least two percent above the mandatory contribution to the 403(b) retirement plan, VUMC will match it dollar for dollar (up to two percent). Those extra dollars can go a long way toward financial independence.
  • Get a free personalized financial assessment with the MyMoney Check-up tool and find out what steps you need to take to gain financial freedom.
  • Take control of your financial independence. Manage your 403(b) account at netbenefits.com/VUMC. You can change your voluntary contributions at any time.
  • Register for one of Fidelity Investment’s summer webinars to learn how to stay focused on your financial goals.
  • Schedule a one-on-one meeting on campus or over the phone with a Fidelity Planning and Guidance Consultant. Visit netbenefits.com/VUMC or call 800.642.7131 to schedule an appointment.

 


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