How to Adjust Your Financial Plan After Major Life Events

Life is full of changes — and some of them can have a significant impact on your financial plan. Whether you’ve experienced a marriage, divorce, birth, career change, or unexpected event, taking time to review and adjust your financial plan can help keep your goals on track. Adjusting your financial plan after life events allows you to align your savings, investments, tax strategies, and insurance coverage with your evolving circumstances and priorities. 

Navigating Financial Changes During Career Transitions

Changing jobs or shifting careers can be exciting, but it also brings important financial decisions. Whether you’re pursuing a new opportunity, starting a business, or transitioning into retirement, understanding how to navigate the financial side of career transitions can help you make informed decisions. Financial planning during career transitions involves more than adjusting income — it also includes managing benefits, reviewing retirement plans, and ensuring your long-term financial goals remain on track. 

Understanding the Financial Impact of ‘Gray Divorce’

Critical Considerations for this Challenging Life Transition Divorce can significantly affect various aspects of your life, depending on your individual circumstances. This includes your finances, which can cause a great deal of anxiety and stress. The financial impact of a relationship ending can be particularly impactful in cases of “gray divorce” – when two people aged 50 or over end a marriage – because retirement is near. And, though divorce may not have been in your retirement plans, understanding the multitude of financial considerations is helpful as you navigate this life transition. In this article, we’ll detail the financial […]