Financial Planning for the Changing Family
Part I: Marriage and Children
All families are in constant states of change. At various stages of our lives we may marry, have children, send them to college, begin, change, and advance in our careers, and retire. Some couples divorce and begin new and separate financial lives. Sometimes unexpected events, such as unemployment, illness, or other hardships arise. And although we generally prefer not to think about it, all families experience death. Each phase of a family’s financial journey necessitates a different approach to financial planning and investment.
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