Financial Advisors for Single Women

You have unique financial planning needs as a single woman, whether you’re younger and just starting out in your career, or you’re counting down to retirement in a few years.

Women typically live longer than men, though often earn less over their lifetime whether due to time out of the office raising children or wage inequality that continues to exist across many industries and regions. These factors, along with many others, help illustrate how financial planning for women differs from men.

If you’re thinking about working with a financial advisor, how can you be sure you’re hiring an advisor who truly understands your individual needs as an independent woman?

Fortunately, you have more options today than ever before to find a specialist financial advisor with the knowledge and experience ideal for your unique circumstances. Beyond researching financial advisors in your neighborhood, you may find the best financial advisor for you lives several states away and is easy to work with virtually, often via Zoom online meetings, for example.

So is a financial advisor who specializes in serving single women right for you?

Let’s learn more by getting answers from financial advisors featured on Wealthtender who offer their perspectives on the potential benefits of working with a specialist.

👩‍💼 Get to Know Financial Advisors Who Specialize in Serving Single Women

This page is organized into sections to help you quickly find the information you need and get answers to your questions:

1. Q&A with Financial Advisors Who Specialize in Serving Single Women
2. Get Answers to Your Questions About Financial Planning for Single Women
3. Browse Related Articles

– Financial Advisors Who Specialize in Serving Single Women –

Q: How much money do I need to have saved before working with a financial advisor?

Stephanie: It depends on what you want your advisor to do for you. Many advisors are really focused on managing your investments. In fact, probably the majority of them are only compensated based on how much you invest with them. So if you don’t have many investments to manage, they don’t really want to talk to you. But real financial planning encompasses so much more than just investments. It looks at all the money decisions you need to make, including earning, spending, saving, giving, debt, taxes, insurance, and leaving a legacy, as well as investing. I offer both single paid consultations to address a couple burning questions and a comprehensive package to look at your whole financial picture, consider various scenarios and come up with an action plan customized to you. And we do investment management of course, but it’s only a piece of the puzzle.

Get to Know Stephanie McCullough:

View Stephanie’s profile page on Wealthtender or visit her website to learn more.

Q: Why is retirement planning of even greater concern for women who are independent than those who are married?

Stephanie: Let’s face it: Women of a certain age are faced with a particular set of problems around the goal of retirement. Especially women who are facing it on their own. And the traditional financial services industry is ill-equipped to handle this problem. All they want to talk about is the numbers, not the feelings that go with them! Money touches all the most important parts of our lives so of course it’s an emotional topic! Whether you feel you have a lot of money or worry about having enough, it’s not something most of us are comfortable discussing with our friends. So who can you talk to? At Sofia Financial we create a safe space to have those intimate conversations in a non-judgmental, caring environment. Since you are your own fallback plan, financial decisions are even more critical. I am a true partner to my clients in all their financial decision-making.

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