While you're saving for your first home, don't neglect the important tax break you get by contributing to your company retirement plan. I am currently a financial manager in the health care industry. However, I am considering making a career change and becoming a Certified Financial Planner. I think the opportunities in the financial planning field are terrific. However, you're not the only person who has realized that 78 million baby boomers will probably need help managing their retirement nest eggs.
Competition is already fierce.
Mergers and buyouts are changing the industry rapidly. So you've got to pick the right company to go with. And you need to think long and hard about whether you can afford to live on a much lower income for several years until your practice gets going. The views expressed in this article are those of Ms. Buckner or the individual commentator, and do not necessarily reflect the views of Putnam Investments Inc. or any of its affiliates. You should consult your own financial adviser for advice regarding your particular financial circumstances.