When I was in college and falling “in love,” my grandfather told me, “Shea, it’s not when you get married, it’s WHO you marry.” Suddenly it occurred to me that I was more concerned about the time line of life goals than I was about the person. My grandfather had acquired something called “wisdom.” I wonder what advice he would give now, 20 years later. My guess is that it would be the same.
What about you? Are you considering tying the knot in your later years? In some ways the decision gets easier because you know yourself, but on the other hand it gets more complicated because of the dynamics of life. When considering a later marriage, you also have to take into account things like Social Security benefits, insurance, multiple mortgages and beneficiaries (to name a few).
Join us today as we discuss both the financial and emotional considerations of tying the knot … or not!
This week we celebrate 244 years of independence from Great Britain. Though we are a young country, our history is full of amazing courage and tragedy. We are learning. This year has taken a few sharp corners with little to no signs of slowing down. It’s difficult to imagine that we can keep our focus on financial independence when the expansion is long gone, and we are in the very beginning stages of recovery … maybe. Despite all this, Prout Financial Design hopes to be a source of education and encouragement in such disorienting times.
Today, we’re going to look at some fascinating stats alongside financial facts to help you stay on track. While we may not have a lot of control over what is happening around us, the truth is, we can still make choices to help us decide today. That’s the beauty of living in a free country.
How many of you took time during quarantine to reexamine your values?
Did being at home make you realize how much you love family and want to be with them more? Or as an essential worker on the front lines, are you ready to call it quits? Perhaps the new normal isn’t how you want to operate as you finish out your career.
Because of COVID-19, career shifts and early retirement are no longer something that’s five years down the road – they’re now! If there is any silver lining, this might be it. Instead of waiting until this all plays out, maybe it’s time to write the ending now.
Our guest, CPA Jon Sluis, will help you understand what the tax implications are now vs. later. You’ll need to bunch some decisions and spread some out. If you’re ready to stop doing what you’ve always done, together we can help you pivot to make the change happen on your terms.