RE: #marriage - Think about the kind of lifestyle you want and if you can achieve that lifestyle with a certain individual. You are not just looking at the amount of financial resources a person has but considering their financial decision-making skills.
The economic case for marriage: In the long term, some spouses will be able to collect Social Security benefits that they would not get from being with a long-term partner. There are also more immediate benefits like being included on your spouse’s insurance.
A Harvard-trained economic expert told https://t.co/nGzXY8PqJ8 that for financial reasons, he thinks marriage is better than being in a long-term partnership. https://t.co/ZeXdctt64l
There is an old song says, “no romance without finance” and as unsexy as it sounds, you do need consider someone’s financial fitness before you get married. #financialplanning#marriage#remarried
Getting #remarried? A legal agreement can help set the path for smoother financial sailing in the marriage, in the event that the marriage ends, or in the event that one of you predeceases the other. #prenup#postnup#marriage#financialplanning
You will need to update your estate planning documents should you decide to remarry. It is quite possible to get caught up in the details of a wedding or combining households or newly married life and forget. #estateplanning#marriage#remarried
Remember, a Fee-Only financial planner is taking a holistic view of your financial goals. You can tell a #FeeOnly#financialplanner about your desire to start a business or retire abroad and they can help you get there.
If you can find a way to save work bonuses or cash received for your birthday and use that money for #retirement savings, you will be giving yourself an amazing gift. #retirementplanning#windfall
If you feel as if you do not earn enough to put money away in a #retirement account, all is not lost. You can take advantage of the tight labor market to get a higher pay or lobby for a higher salary at your current job.