WHAT YOU DESERVE
Control of Your Financial Life
No longer will you get a form in the mail and worry that you do not understand what it is telling you. No more meetings with professionals where they use terms you do not understand. No more wondering if you have taken the steps needed to protect your financial future.
More Time to Emotionally Recover
This is a traumatic time in your life, and you probably will not feel like making decisions every day. It is fine for you to take your time making the right decision for you. Spend more time focusing on your well-being than on remembering what you must do next.
Someone By Your Side For The Long Haul
Once the chaos settles down (and it will), you still have help a phone call, email, or text away. You know that “steering corrections” can happen to keep your plan running smoothly. You have new opportunities and risks pointed out to you before you reach them.
A Clear Financial Game Plan
Your dreams and vision, broken down into understandable and achievable steps. You have an easier way to evaluate decisions on where to live, how you save, what you protect, and how you spend money.
HOW DO WE GET THERE?
Prioritize Your Decisions
Whether divorced or widowed, you have a lot of decisions to make. We will combine the “brain dump” of things you know and the opportunities I can show you. Many decisions can wait but some will have deadlines. I’ll guide you in breaking this down into manageable tasks.
Take Care of Urgent Matters
Accounts may need to be divided, re-titled, or updated with new beneficiaries. Insurance protections and legal documents must be reviewed for needed changes. Attorneys and CPAs can help to ensure the steps are properly followed. I will guide you through these decisions with explanations in plain English.
Design Your New Financial Normal
Together we will develop a clear picture of your financial situation (rarely does a new client have their finances in order). We will position you to have options until you are ready to envision a new future. I will answer your questions until you feel confident about where your money goes.
Make it Happen
Our work does not stop with a list of recommendations and a pat on the back saying, “good luck!” I will be by your side making sure you not only know what to do but you also get it done. I will (caringly) hold you accountable to the promises you make to yourself.
Keep You on Track
I will help you track your progress toward your goals. When new financial decisions arise, we can easily play with “what if” scenarios to help you understand the impact of the decision. I will also proactively bring new ideas, approaches, and opportunities to your attention.
WHISTLE WHILE WE WORK
What can you expect from working together?
Accounts properly divided and re-titled. Insurance protections and legal documents updated for needed changes. Tax opportunities reviewed to save you money.
Coordination with your attorney to ensure steps properly followed. Insurance proceeds and settlements handled. Beneficiaries updated and your new financial “normal” established.
Your financial options explained in plain English. All financial questions answered without condescension until you feel confident about where your money goes. Teaching, not telling.
A clearer picture of your financial situation (rarely does a new client have their finances in order). Easy to follow organizational systems for keeping on top of your financial life.
You get an accountability partner for the promises you make to yourself. You will not only know what to do but you also get it done. Needed financial actions stay ahead of less urgent issues.
New ideas for reaching your financial goals will be brought to your attention instead of waiting for your call. Your plan will stay up to date with current research and evidence-based solutions.
You will see over time how much progress you have made toward your goals. Know the impact of financial decisions (playing “what if”). How to make adjustments if your plan begins to steer off-course.
Answers from a trusted expert when evaluating financial decisions. Having someone familiar with you guide your understanding and interpretation of options.
Help avoiding the human nature of making emotional decisions. Understanding when the best action is no action at all. Guidance until these short-term but destructive feelings pass.
SUBJECTS WE MIGHT COVER:
Use academically-supported investment techniques that do not rely on predictions
Include high-quality, low cost investment and insurance products and reduce/eliminate any with excessive expenses
Take the minimum amount of risk needed to keep your goals on track and reduce any unnecessary risks
Match up your amount of guaranteed vs. non-guaranteed income to your situation and your interest in taking risks
Take advantage of tax-saving opportunities when making withdrawals
Ensure your spending levels match up with your future goals
Analyze the use of your home equity to generate additional retirement income without jeopardizing other goals
Monitor your existing mortgage(s) for opportunities to refinance or pay down/off
Review lines of credit and other liens for suitability and alternatives
Provide objective evaluation of product pitches, high-pressure dinner seminars, and others who might prey on vulnerable women
Keep trusted family members, CPAs, and attorneys updated as much as you wish
Help put legal protections in place to keep your financial details as private as possible
Maximize the benefits you receive from the complex Social Security rules, including those for ex-spouses and survivors
Time the collection of Social Security to reduce potential conflicts with your current income
Assist you with the applications for Social Security benefits, Medicare, and Medicare Supplement (“Medigap”) policies
Coordinate with trusted tax professionals on your behalf to reduce demands on your time during tax preparation
Take advantage of opportunities in the tax code to reduce your future taxes (i.e. Roth conversions, income acceleration, etc.)
Manage your investments with tax reduction strategies like tax-loss harvesting
Evaluate your insurance needs for protection from unexpected medical expenses, long-term care, accidents, or other unforeseen events
Monitor your existing policies to ensure they remain cost-efficient and needed
Coordinate insurance benefits from employers with personally-owned policies to prevent overlap or gaps
Explain and coordinate pension, 401(k), 403(b), and other employer-provided benefits with your overall financial plan
Identify weaknesses or gaps in employer-provided insurance coverage and assist with getting supplemental benefits as needed
Review benefit changes and assist with annual open enrollment period decisions
What should you ask a potential advisor to determine if they are a salesperson or if they work with your best interests at heart?
You may be surprised that some of my beliefs are not universal among advisers. What is my secret sauce? How do I charge my clients?
Interested in a free report helping you finish your advisor evaluation? Or would you like to get in touch and move forward?