Tag: Suddenly Solo
Financial Stability in Widowhood
Although planning for the death of a spouse is unpleasant, the possibility of losing considerable income because your spouse passes away can be just as unpleasant. Proactive planning can help ease some of that strain.
Finally Divorced? Don’t Forget These Critically Important Steps
Divorce can be an emotionally challenging process, but the work doesn’t end with the final settlement. It’s essential to take steps to secure your financial future. By taking ownership of your finances, you can empower yourself and look forward to brighter times ahead.
Calling all Women: Prepare to Manage Your Wealth!
Many women are anxious about their financial situation, with statistics showing they worry about immediate and long-term financial security, have lower retirement balances than men, and fear outliving their retirement savings. Despite these concerns, women are predicted to control more than $30 trillion in investable assets by 2030.
What is a Certified Divorce Financial Analyst®?
In a potentially high-stakes situation like divorce, sometimes it helps to work with a professional who has specialized knowledge of the divorce process. A Certified Divorce Financial Analyst®, or CDFA®, is a professional who helps individuals navigate the financial complexities of divorce.
7 Things Surviving Spouses Need to Know About Social Security
Social Security’s rules for collecting benefits are complicated. Benefits for widows are calculated differently than traditional retirement benefits, so you need to be aware of a few key rules and strategies.
Divorce Dilemmas: Who Gets The House?
Life can feel out of control during the divorce process and it’s natural to have an emotional reaction that drives you to keep the marital home. Don’t forget to pause and consider the details before finalizing your divorce settlement.
What You Need to Know Before Gifting Money to Family
The last few years have been tough on many families, and parents and retirees may feel compelled to help family members who have recently suffered economic consequences. Keep these considerations in mind before writing a check.
Grief and Your Money: Avoid These Mistakes
The loss of a loved one can be devastating, and there is no easy way through it. Everyone grieves and heals at their own pace, in their own way. Some will look inward for the strength to make it through, and some will reach out for support.
Recently Divorced? Don’t Forget to Update Your Will
If you are recently divorced but have not yet updated your will and estate plan, now is a great time to revisit those important documents.
Single, Successful, and Satisfied: Financial Planning for One
Living your best life as a single person does require some special considerations when it comes to finances. Without a partner to rely on, it’s important to have your assets and your safety net to mitigate risk and give yourself peace of mind.
Unexpectedly Solo [On-Demand Webinar]
Through divorce, widowhood, or later marriages, many will need to manage their finances on their own at some point in their lives. This webinar can help you prepare for the unexpected and help you progress along the road to financial peace of mind.
Considering Divorce? How a Financial Advisor Can Help
Overall, the rate of divorces in America is falling, but it’s increasing among couples age 50 and over. The divorce process has many moving parts, and you’ll want to consider working with a team of professionals.