Redefining Retirement

Research has shown all women, regardless of marital status or level of income, need their own written Master "Financial" Plan. Do you have one of your own?

Research has also shown as much as 60% of all senior women will end up in poverty. Do you have a plan to prevent that from happening to you?

Nearly 50% of all women will be divorced at retirement. Or widowed. Or in a 2nd marriage. Would you know how to financially handle each of those situations?

Social Security can be confusing. Do you know at what age you will begin to draw your monthly checks?

Debt to income ratio is an important retirement factor. Do you know what your ratio is?

Understanding insurances is another vital important step in retirement. Have you done a recent insurance audit including long term care and life insurance?

If you are married, how comfortable are you with the understanding of your total combined financial picture?

Most women, and/or couples, will need to make some lifestyle adjustments in retirement. Have you discussed or thought about what these adjustments might be?

Estate Planning is a must; including wills and/or trusts. It prevents Probate Court and family disagreements. Do you have Estate Planning in place to prevent this from happening in your family?

One of the kindest things you can do for your loved ones is to prepare an End of Life binder for them which will include letters, instructions after your death, your last wishes, etc. etc. Have you made such a plan for your family?