Episode 138: Financial Decisions Through the Ages & Stages

During this week's episode of Our 2 Cents, we dive into the complex world of financial decision-making during some of life's most pivotal moments. From exciting times to challenging ones, we share tips to help you make informed decisions during these different ages and stages of life.Financial Decisions Through the Ages & Stages:Marriage and RemarriageCombining finances or keeping them separateNew living arrangements and setting up new budgetsDivorceTurning a joint plan into new separate onesDividing assets and liabilities Job ChangesPlan changes due to unexpected layoffs and forced early retirementAssessing new job offers or increased income or benefitsBirth or AdoptionBudget changes for new expensesNeeds for life insurance, wills, trusts, guardianship plansWinning the LotterySudden windfalls of money require new ways to manage assetsWhere to put an influx of cashRetirementThe time you've been planning for all this time is finally hereHow to ensure you're putting that plan to work efficientlySevere Medical Issue or DisabilityWhat an unexpected diagnosis can do to a planImportant updates to documents and policiesDeath of a SpouseReevaluating plans, goals and budgetsWhat to do if the one who passes was the one who handled the finances