Follow the four steps below:
- Identify and Write Down Your Objectives and Goals
- Document Your Current Assets (In One Place)
Intel 401(k), Intel Retirement Contribution Plan, Intel Minimum Pension (for more on the minimum pension and how to quantify it click here), E*Trade Stock Account, SERPLUS (Intel’s deferred compensation account), Expected SERMA Balance, 401k’s from a prior employer, Spouse’s Retirement Accounts, You and Your Spouse’s IRAs (both traditional and Roth), Taxable Brokerage account, Real Estate Assets (those you would use to support your lifestyle in retirement), Cash Accounts (Checking, Savings, CDs, etc.)
- Create Two Comprehensive Future Cash Flows: One Where You Take The Package, One Where You Don’t
- Evaluate Whether the Assets You Listed in Step 2 can Support Each Cash Flow. If There is a Gap, Understand the Magnitude.
Read details:
https://www.cordantwealth.com/4-steps-to-take-if-intel-offers-a-voluntary-separation-package/