Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

The One Employer-Provided Benefit You Really Should Use More

October 22, 2015 at 12:00 AM

An estimated 40% of Americans who get paid vacation days don’t use all their allotted time. On average we’re leaving the equivalent of about one week a year on the table.

I think that’s bad retirement planning. Yep, using your allotted vacation time each year can help build retirement security. Look, I know many of you are determined to work longer before you retire. Well, if that’s your plan, then one of the issues you need to be on high alert for is burn out. Vacation time is one of the smartest ways to avoid burn out.

And let’s talk about your physical and mental health. You need that time off to recharge, refresh and relax. That will make you infinitely better at your job when you return to work.

I get that you may feel pressured not to check out for a long chunk of time, out of fear you may fall behind. Is that pressure internal? If so, I’d ask you to seriously consider all the ramifications of not using your vacation time. I am serious when I say it can hurt your career if you burn out. If the pressure is external (a manager, or the general work culture) I defer to your judgment. But at the very least, rather than leave five or more days unused, put in for 5 single days throughout the year—create your own long weekends. It’s a smart career, and retirement planning move.

Tag Cloud

Long Term Care premiumsone annual feecommitdon't defer interest paymentsrolloverlong term goalverify retirement plan with HR or plan sponsorsetup automatic savings withdrawgay marriage ban end Florida Suze approvedPhyllis Shelton expert long-term care2016 adjust estimated taxHDHP manage student loansdon't cover cosmetic dentistrycommunity bankbreakdown projected monthly housing costheartachedebtfinancial concernAuto Savings lower overall drug costsave money20% down paymentretirment savingsfederal student loan deferment Financial Systemearn allowanceFiscal ResponsibilityTeachAARP Social security calculatorage appropriate choreMortgage Credit Availability Indexhigh FICO scoreonly refinance if it paysRevocable Living Trustloan necessityunexpected expenseFinancial Educatorgrandparent IRA contribution reduce monthly paymentJose Rodriguezemployer funding HSAget credit cardescrowopen enrollment review budgetloved ones dependent on incomeworst financial mistakeadd teentitle insuranceburn outlowest cost fund optionface your financial fearPBS Specialbuying a carNewtownhome ownershipreferrals loan big picture high deductible health care planRetirement Incomechildren under 18retirement planrepay student loansPersonal Financeborrowing plan College of Veterinary Medicinenot enough life insurancecollege studentincrease emergency savingsdream schoolbuy homeautomatic withdraw to savings real estate marketback door Roth IRAno late fee special saving accountHow To Build Creditknow before you owepresident Obamahome loan credit score below 740 insurance yearly reviewCPI-Wnegotiate points with bank or sellerHDHP'sMoneydear suzeis it necessarymaintain standard of livingleave a legacyIRA contribution gifted moneymortgage disclosurelife insurance name trust as beneficiaryAdequate Auto and Home Insuranceschedule vacationmobile appSpending8 Rulessuccessconfident of solutiondoctors in networkOne Wallet At A TimeStudent Loanbuying car 2016required disclosureconsider roth 401(k)dangerous retirement planhigh down paymentFICO at least 720overspend on nights outStudent Debt CrisisAshley SpringerHoliday ShoppingAlarm Clockfinancing car raise insurance deductibleSave Us Moneysavingsjanuary billsbe true to yourselfverify wellness screening and programsCNBCreplace permanent life insurance with termreduce interest ratebe kind to yourselfmoney-aware childincrease retirement savingslow down paymentwomen outlive men40% toward financial goal!00% tuition paidiffy incomepaid in fullpercentage of women widowed 75-84secure creditstudent loan repaymentlong term care2015 record year car salesCredit Card Rate Increasepay 100% cashmonthly dental insurance premiumvalue moneyno life insurance financially irresponsiblebill paying prioritiesLTCi ASAPdebt freeAARPsidelinedFHA loan feesno apologyretirement accountsrequire chore in exchange for allowancepaying for collegeprotect dependent get health insurancecar loanpay interest while in schoolSandy Hook Elementary Schoolretain separate credit cardsUniversity of FloridamortgageSuze is my biggest mentorraise deductiblesadvice for college graduateshome insurance20% down payment avoid feescompare monthly expensesVeterinary SchoolStock Investmentswaive home inspection bidmarriage inequalitySuze Ormanclosing costs 2% of loanEmergency Savingsholiday spendingdon't blow tax refundcostly insurance mistakecreate new truthfamily save at least $100 monthlyraise your deductiblespring summer four steps to retirement savings balance transfer borrow each year, capitalization is going to pile up BeautyARM Cautionemployer offered life insurancecompare provider pricingfraudulent returnDurable Power of Attorney for Health CareMotherInfluentialspaid vacationYoung Adult children's bookSuze Orman Scholarshipcar buying mistakesdeath benefit needs for familywrite new goalStudent Debtgrandchild summer job IRA contributionbad retirement planningthree year car loanCommunication Skills no sneaking in feesmultiple lendersbecome member Heartteach your child good money habitsRoth 401(k)Retirement Savingshome related tax break bonus emergency fund savingsalways use all paid time offno private loanLong Term Care Insurance secured cardmortgage interest tax deductionFinancial AdviceHigh Credit Scoreschool healthy retirement weightwould you decline a bonusFinancial Solutions For Youdon't use allowance as bribeallowance taskfinancial argumentsuniversal college accessswitch to spouse coverageno interestproperty taxlive below your meansmental healthExhibitionno tax on withdrawlsenjoy saving Most Influential Celebrities Listidentity fraudprotect your familylearn good financial choiceslower premiummeet monthly 3 step financial road map50 over 50preexisting condition not coveredMoney MarketUS Tax CodePost-DivorceCOLAFICO credit score credit card mortgageterm life insurancesavings pleasuredo you need life insurancecredit unionCiti Simplicity Card cut monthly cellular billno waiting periodbest interest ratestake actionLovestrained relationshipcouple financesRichadult children6 month waiting periodhome buying seasonbad decisionsmax employee matchHolidayOverspendingmonthly benefit best loan deal permanent life insuranceAmericans don't use all paid vacation timeignore 6 month grace period community collegeshop online guaranteed level term policyFixed Rate Mortgagefinancial fearsMass Mutualco-sign The Suze Orman Show3 bucket approachpositiveclosing feesallowancecollege graduateWarner Bros Television Grouppush yourself to save more for retirementhealthy youFinal Goodbyehigh premiumsdebit cardConventional loan PMIGoodbyewomen longer life spanprovider of financial supportinterest capitalizationlower mortgage interestpay credit debt ASAPFRAETF'ssocial securityCommencementdoctor no longer in networkstudentsame-sex marriagedon't spend keep a schedule3% debt transferred max employer matched 401(k) contributionpay high rate off firsthome buying budgetgraduationincreased auto insurance premiumtax ID theftWall Streetavoid burn outno splurge housing marketARMNew american Dream public service loan forgiveness programcredit cardPrime Rate Rise 2015don't do five year car loanprotect loved ones prescription tierdeath benefit 20 to 25 times annual incomeLong Term Care shoppinglow-cost index mutual fundFinancial Awarenessdon't ignore open enrollmentget over life insurance phobiano retirement funds for down paymentjuggle multiple financial goalsmax benefit coveredcalculate dependents annual income needsautomate student loan payments740 credit scorecredit utilization rate20 year level term Cory Bookerbetter loan dealsHigh FICO Score = Better Rateno fee transferBankgift not loanCredit Card Interest RateAmy Lacyet10% donate to charitycut monthly cable billdental savings plancan you afford itat worst still pay 75% benefitFundsStaffords this year have a fixed 6.8% interest ratepurely financial standpointSuze Orman spouse Kathy Travisovercome financial fearscharges on credit cardpoint cost offset by savingsswitch to roth 401(k)student loan debtpay off debtInfluential Celebritysocial security never insolventinsuranceAccuQuote.comzero rate transfer dealsEmployer Matched ContributionHoliday Seasonsocial workfocus on needsback-to-school budgetterm insurancestudent loan repayment planis it kind?insurance mistakeaffordable premiumGiftpay more than minimumincentives for health care wellness screening2016 adjust withholdingInvest for savings growthcar leasing19 years cash flow problemSandy Hook Promise8 month emergency fundrefinanceLTC shoppingFinancial Cliffnear historic lowsBaby Boomersdo not pay allowance for good behavioridentity theftEasy Life Insurance store credit cardsdon't charge a penny8 month safety netfinancial independencemortgage broker401KUrbana-Champaignshort term goal SelectQuote.comloan no longer than 36monthshigher insurance deductible4 Must Have Documents retirementkid borrow firstconfident3 savings buckets staycationyours, mine & ourspeace of mindForbesHDHP's are not badmoney vowsexercise reguarlyfocus on new truth responsible with moneyInterestlow mileage discountis it true? real estate mistakesstudent loan repayment estimatordepreciating asset loan is giftGracepowerfulcredit reportritual schedulehighest possible benefitpublic service career student loan repayment high credit score discountphysical healthcontribute household expenses file asapanticipated salaryone credit cardLTCFinancialdangerous money seasonGay Rightsorigination feeslife insurancesocial security not going brokeroth iraprotect and provide for minor child Federal Funds RateForbes Top 10401(k) Contributionsfile taxes quicklydon't extend mortgage rising home pricesget the most out of social security Credit score20% equityHDHP/HSArefundautomatic paymentteens and moneylousy investmentFree Debt Eliminatorclosing disclosureFinancial Power of Attorneyemotional stakeshealthy retirement blood pressuresave traditional vs roth 401(k)University of Illinoisworkaholichealthy aging tax refund fraudpercentage men widowed 75-84emergency fund interest on student loansdon't buy wantsvalentines daylow credit scorepremiummake saving a pleasurehome buying mistakessame sex marriage band end Floridabetter loan ratesstretch out haircut appointmentsdental insurance unsubsidized Stafford loan15-year refinance dealPay Off Debt Before Retirementrent vs buyPrime Rate Increaseonly offered while employed Financial Awareness Video Festivalsummer job match income overspend on dining outcomparison shoppingkids schedule paymentsspeak new goal20 to 25 times annual incomeunder 18 financial giftcost of capitalization calculatorsmall changes stay positiveapproved medical 100% tax-freeBankruptcyfinancial goal phrasewives should be involved in retirementbuy down be good examplequick closingcnbc alarm clockWashingtonpay down car loanlong-term care premiumsFICO ScoreteensChanging LivesForeclosureultimate compounding giftFinancial Gift CliffSchool of Social Workreduce withholdingbetter termsannual cost of living adjustmentlong-term care teach importance of helping othersSatisfyingMarlo Thomaswomen long term careSuze changed my lifehome budget after tax costplanMoney-Savingnew carbuy home you can affordcredit managementmarriage financial responsibilityresponsibleinitial tax break no negativityletter to suzeLifestyleitemized deductionbig results Civil RightsBill and Pennyfull retirement ageage appropriate goalsGay Couplesstandard deduction GiftsHSA tax savingsdon't derail retirement savings2017 Taxestelevision hostnot gender specific HDHP's are good for youcontribution Telepicturesgift grandchild IRA contributionlower ratederailed planwomen live longeroverspend on giftsEric Dodge let them have 50% controlalternative FICO score2015 financial roadmapincrease retirement contribution rateis it necessary?gift up to 14,000taxesSuze Orman's Money Warspay down student loan debt10 year repayment plan New York Lifestandard rateadjust allocations dental discount plan


View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel