As a financial advisor, one common question I get asked is, “How much money do I need to retire comfortably?” Unfortunately, personal finance is…well, personal. There’s no one-size-fits-all answer to how much you should save. Instead, you should let these questions be your guide when figuring out how much money you need for retirement.
With all the negative news the past year has brought us, would you like to hear a bit of good news? Following drastic changes in the past few decades, women now make up 50% of the workforce, and they are also starting to play an increasingly important role in managing their household’s finances. Husbands are no longer the only ones in control of the family’s finances—those days are long gone!
Have you climbed the ranks at Nike and are now an E-Band or high-ranking S-Band? If so, congratulations! You’re leading a successful career, but it’s not without its complexities. In addition to regular W-2 income, you have a laundry list of executive compensation benefits to sort through.
I’ve spent the past 25+ years as a Certified Divorce Financial Analyst, helping individuals navigate the financial complexities of divorce. During that time, I’ve come to realize that you can make it to the other side of divorce with less stress and anxiety if you just follow a few simple steps. My goal is to share these steps with you today, so you can also have a smooth transition into life’s next chapter.
It’s no secret that entrepreneurs and business owners are the backbone of the economy. They spur innovation, provide jobs, and are a catalyst for economic growth. And going beyond the numbers, businesses are paramount to the communities they serve, where they bring people together and influence the local culture.
Any transition can cause uncertainty, but the ending of a marriage tends to be painful, traumatic, and overwhelming as well. Amidst the intense emotions and drastic life changes that result from a divorce, there are important financial matters to consider. While there’s no avoiding the emotions that come with such a significant life event, my job is to help reduce some of the stress and worry along the way.