What Does Financial Wellness Mean to You?

Three green, small plants planted on stacks of coins, showing growth.

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:

Related News

Three people meeting at a table

Plan Face Time with Fidelity, TIAA Reps

Regular check-ins keep your retirement plan on track.