Going through a divorce is a very emotional process and on top of the personal side, you have some serious logistical matters to sort through. It’s no surprise that your finances are going to be a big focal point of divorce and while your lawyer may help you navigate the technicalities for the decree itself, what happens next?
I have previously explained that “net worth” and “money to invest” are the absolute wrong metrics to use when it comes to figuring out if you’re “ready” for a financial advisor…So if those are not the right numbers to help you determine if you should be working with an advisor, what are the right metrics?
The world of financial advice is changing. I’d argue that it’s actually going through a revolution of sorts, and mid-career individuals and families like yours will be better served as a result.
I've found in recent client meetings - there's widespread confusion about how High Deductible Health Plans and Health Savings Accounts work. Today I want to share how to best to use the HSA’s benefits for maximum long term success. Many high earning professionals are missing out on valuable tax benefits by not steering their HSA balances toward long-term investments!!
To all the mother’s out there, where does your financial future rank right now on the list of priorities you currently juggle? In between packing lunches, homework, teacher appreciation, birthday parties, sports activities, laundry, grocery shopping, paying the bills, bath time, bedtime stories, Band-Aids and boo boos… you are caretaker, rule maker, meal maker, biggest fan and cheerleader. On top of this, you might also have a career to juggle and so it’s no wonder that finding the time to think about investments or retirement will slip your mind!
If you have already calculated your net worth and found that it’s lower than you expected, or that you need to increase it starting now; here are a few simple ways to help.