Financial Wellness

If sticking to a budget, paying off debt or keeping tabs on your retirement investments seems overwhelming, you’re not alone. It’s easy to let financial wellness wind up at the bottom of our to-do lists. But there are simple steps you can take to focus on this important area. During the week of May 7-11, 2018, TIAA and Fidelity will offer more than 30 free financial wellness workshops to U-M faculty and staff.

Financial Wellness Week: Free Workshops on Campus and Online, May 7-11

Quick links:

Featured Events

Optimistic Aging: Charting Your Course for Retirement Adventure

Tuesday, May 8 | 1:00 - 2:30 p.m. | Michigan League, Vandenberg Room
Register now

Transform concerns about aging into excitement about the future. Dr. Margit Henderson is a psychologist, speaker and award-winning author about aging and resilient retirement. Her energetic presentation will debunk aging myths and explore the non-financial aspects of retirement planning. Learn what you can do to best prepare yourself mentally, physically, socially and emotionally for your retirement adventure. Dr. Henderson will discuss what you can do now -- midcareer -- to lay the foundation for a happier, healthier retirement. She will also discuss the transition to retirement and how to embrace the new opportunities and freedom that retirement can bring. Presented by TIAA.

Fidelity "Help Desk"

Monday, May 7, 2018 | 10:00 - 1:00 | Michigan League, Michigan Room
Tuesday, May 8, 2018 | 2:00 - 5:00 | Michigan League, Koessler Room
Thursday, May 10, 2018 | 2:00 - 5:00 | Michigan League, Koessler Room

Drop by the "help desk" at the Michigan League to discuss your questions about saving, investmenting and retirement planning with a Fidelity representative. No registration necessary.

Browse Events by Topic

Budgeting, Debt and Monthly Finances

Create a Budget, Ditch Your Debt

If you want to get your monthly finances on track, learn about tools, tips, and strategies to help you balance paying down your debt with saving for your future goals. Presented by Fidelity Investments.

Inside Money: Managing Income and Debt

  • Wednesday, May 9 - 10:00 a.m. | Lurie Engineering Center, Johnson Room (North Campus) | Register here

Everyone talks about a budget, but how many of us actually make and stick to one? Most people have some debt, but how many understand its effects? Let us show you the real impact of both—and help you understand how your money can work for you. TIAA’s workshop leader will discuss the importance of cash flow and how to use it, focus on how you look at saving and spending, and help you evaluate debt—and find ways to help manage it. Presented by TIAA.

Saving for College with the Michigan Education Savings Program 

This live interactive webinar will cover the cost of higher education and what you can do, different ways to save, why to consider the State of Michigan's direct-sold 529, getting started, and how to set up contributions via U-M paycheck. Presented by TIAA.

Saving for Retirement

Tomorrow in Focus: Saving for Your Ideal Retirement

  • Wednesday, May 9 - 1:00 p.m. | Lurie Engineering Center, Johnson Room (North Campus) | Register here

No matter where you are in life, you can plan and start saving for the retirement you want. Learn how to create a plan that can help you reach your goals—on your timeline. TIAA’s workshop leader can help you understand the benefit of time in regards to retirement planning, saving and investing; learn the essential features of retirement investments; and gain the confidence to create or modify your own retirement plan. Presented by TIAA.

Make the Most of Your Retirement Savings

  • Monday, May 7 - 11:00 a.m. | Michigan League, Michigan Room | Register here
  • Monday, May 7 - 3:30 p.m. | University Hospital, Dining Rooms A&B | Register here
  • Thursday, May 10 - 11:00 a.m. | North Campus Research Complex Building 10, South Atrium | Register here

Learn how to maximize your retirement savings, ways to save for retirement beyond your workplace savings plan, and steps you can take today to get prepared for retirement. Presented by Fidelity Investments.

Transitioning from Career to Retirement

Fundamentals of Retirement Income Planning

  • Tuesday, May 8 - 11:00 a.m. | Frankel Cardiovascular Center, Board Room 5321 | Register here
  • Tuesday, May 8 - 3:00 p.m. | Michigan League, Koessler Room | Register here

If you’re planning to retire within the next few years, decide when you may be able to retire, estimate how long your money may last and prepare for challenges you might face in retirement. Presented by Fidelity Investments.

Lifetime Income: Help Secure Your Retirement

You can invest in yourself and help build a solid foundation for your retirement. Many of us face challenges and risks as we plan for retirement, making the certainty of an income for life—that can help cover basic, everyday living expenses—more attractive. This webinar will discuss planning for retirement now, financial risks during working years and in retirement, the importance of creating an income stream for life, and how different retirement distribution strategies provide different risks and opportunities. Presented by TIAA.

Within Reach: Transitioning from Career to Retirement

Financial planning doesn’t end with retirement. You may have 20 or 30 years to enjoy it. TIAA’s workshop leader will discuss how to pay yourself once you’re no longer receiving a paycheck; other considerations like taxes, healthcare and estate planning; and what retirement may look like financially and emotionally. Presented by TIAA.

Healthy Numbers: Integrating Healthcare Into Your Retirement Plan

Learn and plan for the cost of healthcare in retirement, including supplemental insurance, and the real benefits and costs of Medicare. Presented by TIAA.

Make the Most of Social Security

  • Monday, May 7 - 6:00 p.m. | Webinar | Register here
  • Wednesday, May 9 - 3:30 p.m. | Med Sci Building I, Room 3114 | Register here
  • Thursday, May 10 - 12:00 p.m. | Webinar | Register here
  • Thursday, May 10 - 3:00 p.m. | Michigan League, Koessler Room | Register here

Do you want to understand important Social Security claiming strategies? Learn about strategies for claiming your Social Security benefit and how it fits with other income sources to create your retirement paycheck. Presented by Fidelity Investments.

Financial Health for Women

Organize, Plan & Own Your Future: Making Financial Health a Priority for Women

Designed for women investors, this workshop will help you take increased control of your finances and move from saving to investing. Presented by Fidelity Investments.

Managing Your Investments

Invest Confidently in Your Future

  • Friday, May 11 - 11:00 a.m. | Med Sci I Building, Room 3114 | Register here

If you want to manage your own investments, learn how to build and manage a long-term investment plan for all your accounts that you can feel confident about. Presented by Fidelity Investments.

How to Position Portfolios for Rising Interest Rates

  • Friday, May 11 - 10:00 a.m. | Michigan League, Vandenberg Room | Register here

As the prospect of another interest rate increase becomes more likely, investors should carefully consider their asset allocation to position their portfolio ahead of these changes. This seminar examines the impact of rising rates on different asset classes to help investors understand the value of a well-diversified portfolio. Presented by TIAA.

How Smart Investors Ride Out Market Volatility 

  • Friday May 11 - 12:00 p.m. | Michigan League, Vandenberg Room | Register here

This discussion offers best practices and actionable steps to help investors steer through stormy markets to help stay on the path to financial security. It will cover topics such as how rising interest rates impact various asset classes. Attendees will learn more about the reasons for market volatility, the current economic drivers of volatility as well as how investor behavior can significantly impact investment outcomes. Presented by TIAA.

Washington Update: Policymaking in the Age of Disruption

Hear from TIAA’s Head of Government Relations on the current political climate, what lies ahead in this mid-term election year, and how it could impact policy, markets and the economy. Presented by TIAA.

Browse Workshops by Location

Central Campus Events

Note: Browse by topic to view workshop descriptions.

2018 Financial Wellness Week Events: Central Campus
Date Time Workshop Name Presenter Location Register
Monday, May 7, 2018 10:00 a.m. Help Desk Fidelity Michigan League, Michigan Room N/A
Monday, May 7, 2018 11:00 a.m. Make the Most of Your Retirement Savings Fidelity Michigan League, Michigan Room Register here
Tuesday, May 8, 2018 1:00 p.m. Optimistic Aging: Charting Your Course for Retirement Adventure TIAA Michigan League, Vandenberg Room Register here
Tuesday, May 8, 2018 2:00 p.m. Help Desk Fidelity Michigan League, Koessler Room N/A
Tuesday, May 8, 2018 3:00 p.m. Fundamentals of Retirement Income Planning Fidelity Michigan League, Koessler Room Register here
Thursday, May 10, 2019 2:00 p.m. Help Desk Fidelity Michigan League, Koessler Room N/A
Thursday, May 10, 2018 3:00 p.m. Make the Most of Social Security Fidelity Michigan League, Koessler Room Register here
Friday, May 11, 2018 10:00 a.m. How to Position Portfolios for Rising Interest Rates  TIAA Michigan League, Vandenberg Room Register here
Friday, May 11, 2018 12:00 p.m. How Smart Investors Ride Out Market Volatility TIAA Michigan League, Vandenberg Room Register here

Michigan Medicine Events

Note: Browse by topic to view workshop descriptions.

2018 Financial Wellness Week Events: Michigan Medicine
Date Time Event Presenter Location Register
Monday, May 7, 2018 3:30 p.m. Make the Most of Your Retirement Savings Fidelity University Hospital, Dining Rooms A&B Register here
Tuesday, May 8, 2018 11:00 a.m. Fundamentals of Retirement Income Planning Fidelity Frankel Cardiovascular Center, Board Room 5321 Register here
Wednesday, May 9, 2018 3:30 p.m. Make the Most of Social Security Fidelity Med Sci Building I, Room 3114 Register here
Thursday, May 10, 2018 11:00 Make the Most of Your Retirement Savings Fidelity North Campus Research Complex Building 10, South Atrium Register here
Friday, May 11, 2018 11:00 a.m. Invest Confidently in Your Future Fidelity Med Sci Building I, Room 3114 Register here

North Campus Events

Note: Browse by topic to view workshop descriptions.

2018 Financial Wellness Week Events: North Campus
Date Time Event Presenter Location Register
Wednesday, May 9, 2018 10:00 Inside Money: Managing Income and Debt TIAA Lurie Engineering Center, Johnson Room Register here
Wednesday, May 9, 2018 1:00 Tomorrow in Focus: Saving for Your Ideal Retirement TIAA Lurie Engineering Center, Johnson Room Register here
Thursday, May 10, 2018 11:00 Make the Most of Your Retirement Savings Fidelity North Campus Research Complex Building 10, South Atrium Register here

Webinars

Note: Browse by topic to view workshop descriptions.

2018 Financial Wellness Week Events: Webinars
Date Time Event Presenter Register
Monday, May 7 12:00 p.m. Create a Budget, Ditch Your Debt, and Start Building for the Future Fidelity Register here
Monday, May 7 2:00 p.m. Lifetime Income: Help Secure Your Retirement TIAA Register here
Monday, May 7 6:00 p.m. Make the Most of Social Security Fidelity Register here
Tuesday, May 8 12:00 p.m. Organize, Plan & Own Your Future Fidelity Register here
Tuesday, May 8 3:00 p.m. Healthy Numbers: Integrating Healthcare Into Your Retirement Plan TIAA Register here
Tuesday, May 8 6:00 p.m. Create a Budget, Ditch Your Debt, and Start Building for the Future Fidelity Register here
Wednesday, May 9 12:00 p.m. Create a Budget, Ditch Your Debt, and Start Building for the Future Fidelity Register here
Wednesday, May 9 12:00 p.m. Washington Update: Policymaking in the Age of Disruption TIAA Register here
Wednesday, May 9 6:00 p.m. Organize, Plan & Own Your Future Fidelity Register here
Thursday, May 10 12:00 p.m. Saving for College with the Michigan Education Savings Program TIAA Register here
Thursday, May 10 12:00 p.m. Make the Most of Social Security Fidelity Register here
Thursday, May 10 3:00 p.m. Within Reach: Transitioning from Career to Retirement TIAA Register here
Thursday, May 10 6:00 p.m. Create a Budget, Ditch Your Debt, and Start Building for the Future Fidelity Register here
Friday, May 11 8:00 a.m. Organize, Plan & Own Your Future Fidelity Register here
Friday, May 11 12:00 p.m. Create a Budget, Ditch Your Debt, and Start Building for the Future Fidelity Register here