Rachael Burns, CFP and Certified Divorce Financial Analyst joins me to discuss ways to prepare yourself if you find yourself on your own.
We talk about:
Rachel will tell us why fixating on to the family home might not always be the best financial decision in a divorce, and why sacrificing retirement savings to keep a house might lead to regret.
We'll also cover the emotional and administrative chaos that typically follows a partner's death, offering essential tips on how you can better prepare for managing finances solo. Our discussion will extend to the importance of not just knowing your financial assets but also having a hand in managing them, even if finances aren't really your thing.
Contact Rachael Burns at True Worth Financial
Follow Michelle on Instagram: @michelle.e.moses
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Disclaimer:
The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.