Ask an Advisor: I haven’t been happy in my marriage since before COVID. I’m mentally prepared to file for divorce, but unsure how to prepare myself financially. What should I do next? – Kate Divorce can be a tough and emotional experience, and it’s important to be prepared financially before taking any steps. Here are […]
I was married for 28 years before divorcing. I’m 60 now and never remarried. My Ex died 3 years ago when he was 65. Can I apply for widow(er) benefits now, and when I turn 67, switch to my own? I was the higher earner. – A.S. Choosing how to claim your Social Security benefits […]
Ask an Advisor: I’m graduating from dental school. What financial steps should I take next? – Anonymous As a soon-to-be dental school graduate or recent graduate, you will surely experience plenty of excitement as you look forward to starting your career. But before the celebrations get too wild, it’s essential to plan for your financial […]
I’m a 61-year-old widow. Can I collect Social Security on my work record at 62 and then switch to my husband’s at his full retirement of 72? – Wendy For widows and widowers with their own work history, there are some quirks that are important to know when it comes to Social Security retirement benefits […]
Ask an Advisor: I’m going to lose my job at a large technology company in a round of layoffs next month. What should I do today to prepare financially? – Anonymous Getting let go from your job can be a difficult and stressful experience, but there are things you can do to prepare for this […]
Ask an Advisor: My wife and I are getting divorced and she wants an unfair amount of child support. She only reports about half of her income at tax time, and her lawyer claims she’s entitled. What should I do? – Anonymous With the limited information you have provided, I’ll need to read between the […]
Ask an Advisor: I’m 83 and my wife passed away in 2019. I’m selling the house I lived in since 1977. What is the best thing to do with my money? – John Experiencing the loss of a loved one is never easy and in certain instances can alter the original onset of your initial […]
Ask an Advisor: I was married for well over 10 years, and now divorced for just over 2 years. Can I collect on my spouse’s Social Security even if they are not? – Anonymous As you may know, Social Security is a government-run program that provides financial support to retired and disabled individuals. The program […]
I’m a 58-year-old woman getting divorced. For the duration of our marriage, my husband managed our finances and now I need help. Should I hire a financial advisor? – Anonymous Divorce is a significant, sometimes traumatic, life event. But it’s also a significant financial event! Especially when you’re the “dependent” spouse, as it’s termed, you’re […]