Stephonee is a mom, a wife and a personal friend. She blogs over at PoorerThanYou.com where she talks all about money- where to start if you’re clueless and what you can do if you want to invest/save. Although not in a financial career, she has lot of experience- mainly starting where she ran out of money and had to drop out of college. Today, she sits with a net worth of over $100K. Welcome! [:] Your website, poorerthanyou has been around for quite some time. Tell us your backstory and how you started. ●     I learned about personal finance blogging in college when I was so broke ●     She figured out that she didn’t have enough money to stay in college, dropped out of it and decided to write about it so people can follow along my journey ●     Net worth started at negative $26k when she was 20; took 12 years to turn around at 32 now ●     She ended up going back to school so had to take out more student loans. [:] What are the options when you move from one job to another with your 401K? What should you do? ●     Stephonee had a great job, her dream job and but got laid off but she ended up working for a 401k administrator in her new job ●     The easiest thing to do is to roll into new 401k to keep everything consolidated in one bucket ●     You can also roll your 401k into an IRA; the downside is that if you do get sued, money in IRAs can be included in your personal assets ●     If you already have an IRA, don’t roll your existing 401k over into your existing IRA, so don’t co-mingle your assets [:] Do you have any specific steps as to HOW you do that? ●     The administrator or company that runs your 401k or 403b, call them (whoever is gonna have the money), normally you will have to fill in a form. [:] We had a listener write in that she is moving countries- do you have any advice as to what she could/ should be doing with her American retirement plan? ●     You pretty much can’t, the money is sheltered from US taxation ●     You will be charged for early withdrawal ●     They could roll it into a traditional IRA as it can allow withdrawals without penalty, one is an education exclusion [:] We’ve talked about it before on Chain of Wealth but, if a person’s job does not offer a 401K - what other retirement options are out there? ●     You should be looking into IRAs ●     If your health plan is a high deductible account, as long as your plan qualifies, you can open a HSA on your own ●     Your best bet is often to convince your company to get a 401k if you are working for a small company ●     44 Million people in the gig economy (1099s), you are eligible to open a solo 401k on your own [:] You’ve recently started a new project on-line called the Money-Middletons, how is this different to what is already in the blogosphere? ●     Stephonee has heard a ton of people in the realm of “I can’t afford this”. ●     There’s a ton of great retirement advice out there if you are able to max you retirement accounts, but the people in the middle are often left out. ●     She started a blog to share posts that will help people [:] Value Link: Grab a free copy of Damion’s new book on QRPs [:] What does your saving and retirement plan look like? ●     Big focus on taxes and reducing taxes as much as possible (legally of course) ●     Low cost index funds [:] What are some favorite books you can recommend? ●     Book: The Simple Path to Wealth by JL Collins ●     Book: The Bogleheads Guide to Investing ●     Book: Get Money [:] A favorite quote? ●     Not really one quote but,'You’re gonna regret something and it’s ok' [:] Any last 401K/ retirement advice ●     A summary plan description is required for all 401ks, ask your employer for one.Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip