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No doubt, making a big career change is a major risk, but I think that anytime you are making a major change in your life it requires a leap of faith.
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Figure on updating yours annually, or perhaps when there's a major tax change or at least whenever a major change in your life or in your income stream occurs.
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In summary, stock valuations do matter, but only during a time in your life when you looking at an asset allocation change in the next 10 years anyway.
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Have you recently experienced a major loss, change or stressful event in your life?
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Rome was not built in a day and trying to completely change your financial life all at once is self-defeating.
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If you are thinking about a career change, it may be because you are missing something in your life.
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People tend to buy life insurance and then forget about it but a change in your financial situation or a birth, death, marriage, or divorce in your family could require you to update your beneficiaries or the amount of insurance you need.
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Apple, in contrast to Samsung, does not believe that a new product will change your life.
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