Eyebrow content
Deck 25 Beacon Card Default
Body content
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
eyebrow
Deck 25 Card Center
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
eyebrow content
Deck 25 Card Icon Outline
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
eyebrow content
Deck 33 Card Icon Clear
Body content
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Eyebrow
Deck 33 Card Landscape Icon
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
eyebrow content
Deck 50 Card Icon Center Outline
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
eyebrow content
Deck 50 Card Callout
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Elder care is a family affair.
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Elder care is a family affair.
Stepped Guide
Body content
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StepElder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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StepElder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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StepElder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
-
StepElder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
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StepElder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Details section
eyebrow content
Deck 20
Body Content
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
eyebrow
Deck Full
Body content
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Elder care is a family affair.
If your parent needs medical, financial, or living assistance, get the whole family on board. Talk to your siblings or other family members about sharing the personal and financial responsibilities.
Card Outline Deck 50
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Pros
- Having the cash could be helpful if you're facing extraordinary financial need.
- If separating from service in the year you turn 55, the 10% early withdrawal penalty does not apply.
- Having the cash could be helpful if you're facing extraordinary financial need.
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Cons
- Withdrawals before age 59½ may be subject to a 10% federal tax penalty in addition to ordinary income taxes.
- Your money will no longer grow tax-deferred.1
- Withdrawing your money may impact whether you have enough for retirement.
- Lump sum distributions are subject to mandatory 20% federal withholding and may be subject to mandatory state withholding.
- A large distribution can bump you up into a higher tax bracket and increase your taxes.
- Withdrawals before age 59½ may be subject to a 10% federal tax penalty in addition to ordinary income taxes.
Deck 33 Card Outline
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1. List your assets (what you own), estimate the value of each, and add up the total.
Include items such as:
- Money in your bank accounts
- Value of your investment accounts
- Your car
- Market value of your home
- Business interests
- Personal property, such as jewelry, art, and furniture
- Cash value of any insurance policies
- Money in your bank accounts
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2. List your liabilities (what you owe) and add up the outstanding balances.
Include items such as:
- Mortgage
- Car loan
- Credit card balance
- Student loans
- Mortgage
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3. Subtract your liabilities from your assets to determine your personal net worth.
Want help calculating?
Find out your net worth quickly and easily with our net worth worksheet