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

Staffords this year have a fixed 6.8% interest ratephysical healthstudent loan repaymentMoney Marketsmall changes long-term care premiumsExhibitionautomatic paymentFRAchildren under 18be true to yourselfdon't charge a penny2016 adjust withholdingdon't blow tax refundrent vs buyemergency fund verify wellness screening and programsemotional stakesone credit cardis it necessary?MoneyFinancialautomate student loan paymentscost of capitalization calculatorderailed planAmy Lacyetsetup automatic savings withdrawcomparison shoppingPersonal FinanceFinancial Cliffbudgetsave closing feescut monthly cable billlower premiummax employee matchspeak new goalsavings pleasurebe kind to yourselfbetter loan dealsCommunication Skills no sneaking in feeshome buying budgetis it necessaryterm life insurancepositiveConventional loan PMIfour steps to retirement savings paid vacationfinancial concernSpendingcommitStudent Debthigh deductible health care plansecured cardTeachis it kind?get health insurancelowest cost fund optiondental discount planraise insurance deductibleresponsible with moneymoney vowsChanging Livescredit unionmortgage brokerStudent Debt Crisisrequire chore in exchange for allowanceHDHP's are good for youhome budget after tax costWarner Bros Television Groupallowance taskForeclosureCollege of Veterinary MedicineInfluentialsadd teenRichno tax on withdrawlsAmericans don't use all paid vacation timeidentity theftwould you decline a bonusbuy homevalentines daybig results closing disclosurenew carPrime Rate Increasefinancial fearscommunity collegeGiftTelepicturesinsuranceignore 6 month grace period federal student loan deferment teach your child good money habitstake actionSuze is my biggest mentorproperty taxMarlo ThomasMass Mutualbest interest ratestaxesoverspend on giftsreduce monthly paymentteach importance of helping othersdon't derail retirement savingssocial workMoney-Savingdebit cardbad decisionsPrime Rate Rise 2015Motheremployer funding HSAsummer job match income Forbes Top 10term insuranceloan big picture 10 year repayment plan student loan repayment planfinancing car reduce interest rateface your financial fearhousing market20% down paymentteens and moneygrandchild summer job IRA contributionpay interest while in schoolmoney-aware childRetirement SavingsSuze Orman Scholarshipconsider roth 401(k)bad retirement planningno waiting periodFinancial Gift Cliffkeep a scheduleprotect dependent interest on student loansAARPworst financial mistakeSave Us Money401KCivil RightsFinancial Awareness Video Festivalbetter termsreplace permanent life insurance with termdon't ignore open enrollmentdebt freeknow before you oweraise deductiblesmonthly dental insurance premiumonly offered while employed learn good financial choicesincrease retirement savingsbreakdown projected monthly housing costsame sex marriage band end Floridasuccessbill paying prioritiesfull retirement ageautomatic withdraw to savings adult childrenFinancial SystemHDHP home related tax break bonus school unexpected expense3 step financial road mapfamily save at least $100 monthlycreate new truthspecial saving accountlousy investmentwomen outlive menFICO at least 7202017 TaxesPhyllis Shelton expert long-term careDurable Power of Attorney for Health Care3 bucket approachloved ones dependent on incomePay Off Debt Before Retirement401(k) Contributionshome ownershipFinancial Power of AttorneyGraceCommencement6 month waiting periodAshley Springerpublic service loan forgiveness programrepay student loansbecome member be good exampleEasy Life Insurance avoid burn outdon't spend confident8 month emergency fundfile taxes quicklyorigination feesFinancial Awarenessbuy home you can affordcar buying mistakesescrowhome insurancebuy down public service career student loan repayment Suze Ormanpercentage of women widowed 75-84retain separate credit cardslower rateinsurance yearly reviewincrease retirement contribution rateno retirement funds for down paymentCPI-Wcar loanwomen long term careretirment savingsSuze approvedCNBCSandy Hook Promisealternative FICO scoreLifestyleGoodbyerefundAlarm Clockcnbc alarm clockfocus on new truth HDHP'sno fee transferborrowing plan death benefit 20 to 25 times annual incomerolloverdoctors in networkFederal Funds Rate40% toward financial goalRevocable Living TrustEric Dodge standard deduction under 18 financial giftsocial security not going brokereduce withholdingSatisfyingretirement planUniversity of Floridastore credit cardsFree Debt Eliminatornear historic lowsretirement accountsprotect and provide for minor child referrals student loan repayment estimatormax employer matched 401(k) contributionsocial securityincentives for health care wellness screeningsavingscredit managementPBS Specialitemized deductionno life insurance financially irresponsibleletter to suzemultiple lendersmental healthAdequate Auto and Home Insuranceget the most out of social security LTC shoppingdo you need life insuranceInfluential Celebrityyours, mine & oursdream schoolYoung Adult buying car 2016HDHP/HSABankruptcyLTCi ASAPHoliday Shoppingpresident Obamaidentity fraudhigh premiumsemergency fund savingsallowancerequired disclosurewives should be involved in retirementGay Rightsprotect your familyJose Rodriguez2016 adjust estimated taxcostly insurance mistakeFICO credit score credit card mortgagereal estate marketinterest capitalizationlife insurance name trust as beneficiaryfinancial goal phrasebalance transfer don't buy wantsresponsiblestudentmeet monthly death benefit needs for familyFundslong-term care compare monthly expensesAuto Savings preexisting condition not coveredpay credit debt ASAPdon't use allowance as bribetraditional vs roth 401(k)pay off debtcredit reportreal estate mistakesForbeslet them have 50% controlpurely financial standpointHeartInterestmarriage financial responsibilitypush yourself to save more for retirementultimate compounding giftretirementHoliday Seasonwaive home inspection bidAccuQuote.commortgageage appropriate goalsopen enrollment review pay 100% cashSchool of Social Workverify retirement plan with HR or plan sponsorstudent loan debtMost Influential Celebrities Listsame-sex marriageNew american Dream Long Term Care premiumsdental insurance do not pay allowance for good behaviorUS Tax Codedepreciating asset 19 years cash flow problempaid in fullsidelinedwrite new goalalways use all paid time offback door Roth IRAinitial tax break Financial Solutions For Youpoint cost offset by savingsOne Wallet At A Time8 Rules50 over 50Suze Orman's Money Warstitle insuranceLove2015 record year car salesemployer offered life insurancehome loan credit score below 740 women live longercut monthly cellular billfile asapcollege graduateMortgage Credit Availability Index3 savings buckets save moneyno interestjanuary bills20% equityBankFHA loan feeshealthy aging Urbana-Champaignsocial security never insolvent20 year level term gift up to 14,000tax refund frauddon't extend mortgage higher insurance deductibleNewtownunsubsidized Stafford loanBaby Boomersiffy incomefinancial independencepremiumone annual feeconfident of solutionmax benefit coveredmake saving a pleasureexercise reguarlystandard rateage appropriate choremonthly benefit roth iraGay Couplespaying for collegeloan necessitySelectQuote.compay high rate off firstLong Term Care shoppingdental savings planleave a legacyclosing costs 2% of loanBeautylow-cost index mutual fundCory BookerThe Suze Orman ShowSuze changed my lifelow credit scoredoctor no longer in networktax ID theftswitch to spouse coveragedon't defer interest paymentsovercome financial fearsEmployer Matched Contributionkids schedule paymentsloan is giftdon't do five year car loanHolidayFinancial Advicepercentage men widowed 75-84dangerous money seasondon't cover cosmetic dentistrycommunity bankhealthy retirement weightRetirement Incomegift grandchild IRA contributiondear suze8 month safety netStudent Loanbetter loan ratesuniversal college accessGiftsincrease emergency savingsanticipated salaryadjust allocations gay marriage ban end Florida insurance mistakehighest possible benefithigh FICO scoreat worst still pay 75% benefithealthy retirement blood pressureget credit cardco-sign stretch out haircut appointmentsSuze Orman spouse Kathy Travisbest loan deal advice for college graduatesLong Term Care Insurance short term goal 15-year refinance dealfinancial argumentsnot gender specific Roth 401(k)couple financesvalue moneyshop online guaranteed level term policyETF'scan you afford itcar leasingdebtcontribute household expenses protect loved ones heartacheAARP Social security calculatorpowerfulSandy Hook Elementary SchoolStock Investments20% down payment avoid feesfocus on needssecure creditCOLABill and PennyPost-Divorcelive below your means2015 financial roadmapInvest for savings growthchildren's bookpay down car loanCiti Simplicity Card dangerous retirement planthree year car loanFICO Scoregrandparent IRA contribution lower mortgage interestcharges on credit cardNew York Life4 Must Have Documents college studentrising home priceslower overall drug costplanOverspendingno private loanstay positiveswitch to roth 401(k)buying a carCredit Card Interest Ratelong term goalno negativitymaintain standard of livingmortgage interest tax deductionback-to-school budgetritual schedule!00% tuition paidteensget over life insurance phobiaenjoy saving zero rate transfer dealsno splurge gift not loanHDHP's are not badlong term carejuggle multiple financial goals10% donate to charitycredit cardearn allowancepermanent life insuranceoverspend on nights outFiscal Responsibilitynot enough life insuranceUniversity of IllinoisLTCborrow each year, capitalization is going to pile up Final Goodbyeis it true? contribution approved medical 100% tax-freeloan no longer than 36monthsFinancial Educatorlow down paymentlife insuranceannual cost of living adjustmentprovider of financial supportmobile appoverspend on dining outquick closingVeterinary Schooltelevision hostonly refinance if it payscalculate dependents annual income needspay more than minimumpay down student loan debtmortgage disclosuremanage student loansnegotiate points with bank or seller3% debt transferred no late fee kid borrow firstfraudulent returnWashingtonHow To Build CreditIRA contribution gifted moneyholiday spendingHSA tax savingswomen longer life spanCredit scoreCredit Card Rate Increaserefinancehome buying mistakesEmergency SavingsWall Streetprescription tiermarriage inequalitygraduation

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