Financing Higher Education: College Tuition Planning and Beyond
College tuition planning is important for many families. Knowing that you will be able to provide options for your child down the road means that in...
People committed to one another can work through minor disagreements over things like where to vacation, but financial conflicts can end relationships if both partners can't agree. That's another reason why comprehensive financial planning is a worthwhile task all committed couples should take on together. The challenging conversations about money inherent in the process can occur in the neutral setting of a financial planner's office and seem less pressurized than having those conversations privately.
Financial Planning For New Couples
As a relationship becomes serious and you begin to plan for a potential future together, financial planning is an opportunity for both partners to get on the same page about how you'll handle money jointly and individually. If you are moving in together or are discussing marriage, it's time to involve a financial planner.
Some topics new couples may discuss with financial planning advisors include:
Financial Planning For Engaged Couples
Congratulations, you're engaged! Now what? Even if you've been together and sharing finances for years, engagement creates a few new financial planning tasks you'll want to work out before walking down the aisle.
Financial Planning For Married Couples
Even if one spouse is more active in day-to-day money management, both partners should participate in ongoing financial planning. Jointly meeting with your advisors once a year creates an opportunity to discuss issues and ask questions until you both feel comfortable with your understanding of your current financial picture.
Routine financial planning tasks for married couples may include:
Contact Sachetta For Help With Financial Planning As a Couple!
Sachetta's financial planning team encourages partners to participate equally in financial planning meetings. We work with clients, including young couples merging finances for the first time, couples who have been together for decades, and everyone in between. Contact us today!
Jeff Aron manages all aspects of Financial Planning and client services, including the preparation of comprehensive financial plans (retirement, education, cash flow, etc.), insurance and asset allocation recommendations, advanced estate planning strategies and of course, plan implementation. He specializes in servicing the unique planning needs of high net worth individuals and families, with a depth of experience covering all aspects of financial and estate planning.
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