Are you a woman navigating...
... A divorce?
... Caring for an ill loved one?
... The loss of a spouse?
... Changing careers?
Change can be difficult to navigate, and even more difficult still is how these current changes can affect your future and the goals you have worked hard to achieve, such as retirement, long-term savings, and wealth.
Did you know…?
- Women experienced a 45% decline in their standard of living after a gray divorce (divorce that occurs after 50 years old).[1]
- Women experience a 22% income reduction and a 10% wealth loss in the first two years after losing a spouse.[2]
Research shows how significant these impacts can be, but preparation and knowledge can make all the difference. No matter what you’re going through, you can take back control with these three principles:
1. Be Proactive
The sooner you take action, the better. Whether it’s opening a new retirement account, updating your will, or researching caregiving resources, small steps now can prevent bigger problems later.
2. Make a Budget
A budget is your financial GPS, guiding you towards your desired destination. It can help you track income and expenses, so you can identify areas where you can cut back or redirect funds.
3. Get Professional Support
Life’s transitions are hard enough without adding financial stress to the mix. A trusted financial advisor can help you understand your options and advocate for your best interests.
Whether you’re adjusting to a new reality after a divorce, caregiving for a loved one, grieving the loss of a partner, or stepping into an unexpected career change, Longview can help you.
Ready to take the first step?
Be proactive and get our free interactive checklist. Built for whichever financial hurdle you’re dealing with right now, it gives you a clear list of what to handle next. One step at a time. At your pace.
Time to get your finances back on track.