Broker Check

Women

Did you know that women control 51% of all personal wealth in the United States? On average, women live longer than men, so they need a robust financial plan to address their needs if they have left their careers behind to raise a family.  Many women are on the rise educationally and professionally and are conquering their unique retirement challenges. Financial success is a goal for many, but women face unique barriers that can make that goal more difficult. Women who are single, divorced, or widowed face a higher risk of living in poverty during retirement. If the woman is a minority, her risks of spending her golden years living hand to mouth increases. 

Our firm understands the financial needs of women. We work with women who want to become savvier financially.  Are you an entrepreneur, professional, or working woman who may be considering divorce, planning for retirement or have just become a widow? We can work with you to create a financial plan to help you live the life you want financially. Let us help you pursue your short and long-term goals and spend your retirement years with your loved ones and friends knowing that you have addressed your future needs.

The Profile*

The Profile*

Name: Vivianne 

Age: 57

Occupation: Retired

Current Net Worth: $900,000


Three months ago, Vivianne’s husband Matthew passed away suddenly. He was not yet retired as a Retail Manager from Verizon. They had been married for 30 years. Vivianne  would come to the investment meetings with her husband occasionally but left most of those decisions to her husband. They had a living will and trust. Educated as a teacher, Vivianne was retired as a third grade teacher and was living on her pension.  They had about $5,000 of credit card debt and owed two more years on their mortgage. They have four children and three grandchildren.

The Concerns

Vivanne was now in charge of all financial decisions where her husband Matthew was in charge before. She now had to take charge of complex investments and figure out what to do with the assets. She had so many decisions to make and questions to ask. It was so overwhelming as she had just lost the love of her life. She felt alone, the daunting paperwork was too much to bear. She needed guidance and support

How We Can Help

Advance Financial Lighthouse can help you understand the complexities of navigating your financial life. We can help you to understand your investments. If you’ve recently experienced a loss, we’d like to extend our deepest condolences. In addition to grieving, you may also need to tend to financial matters. Losing a loved one is difficult enough without having to worry about finances, and we’re here to help. Our team supports you in avoiding additional stress so you can focus on healing. We are experienced in financial issues relating to estate planning, tax planning, investing and more, and we can help you find your way and complete the daunting paperwork during this difficult time. Our goal is to make this a smooth financial transition for you. We work with professionals to help you weather such significant financial changes as your spouse’s death. We can refer you to attorneys, CPAs, real estate agents, and other professionals who can help you become a savvy and independent woman.

*These are fictional characters and hypothetical scenarios. Please note that individual situations can vary and some strategies may not be suitable for all investors. Therefore, the information presented here should only be relied upon when coordinatedwith individual professional advice.