Of all the transitions women go through — marriage, childbirth, divorce — becoming a widow quite likely is the most traumatic. Advising recently-widowed female investors is emotionally draining, our financial advisors say. Having previously looked at the need for women investors to think of themselves as “pre-widows” before their husbands die, WEALTHTRACK WOMEN now looks at what new widows must do, and just as importantly, what they should not do, at least not before the grieving subsides.
WEALTHTRACK WOMEN
HOW YOUR FINANCIAL PLAN CAN GO OFF COURSE
That old line about how women are from Venus and men are from Mars seems especially true when it comes to a woman’s approach to investing. For women money is part of life’s complex mosaic. They want advisors who are good listeners, even confidants.
PRENUPS MAKE A LOT OF $ENSE
There may be no greater threat to a woman’s financial security than getting divorced. You need to strategize ahead of time, then be ready to fight for yourself and your children.
FINANCIALLY SURVIVING A DIVORCE
There may be no greater threat to a woman’s financial security than getting divorced. You need to strategize ahead of time, then be ready to fight for yourself and your children.
FIRST THINGS FIRST: WHAT’S YOUR FINANCIAL PLAN?
Studies show women aren’t as interested in money and investing as men. Big mistake. With longer life expectancy and today’s high divorce rate, up to nine out of 10 women will be solely responsible for their finances at some point in their lives.
HOW A WOMAN INVESTOR DIFFERS FROM A MAN
That old line about how women are from Venus and men are from Mars seems especially true when it comes to a woman’s approach to investing. For women money is part of life’s complex mosaic. They want advisors who are good listeners, even confidants.
