What Keeps You Up At Night?

We all have things that keep us up at night, situations that prevent us from getting those 8 hours of sleep or the circumstances out of our control that now cost us our shuteye.

For many, especially women, we think a lot about the things that keep us up at night are financially related. What if you could create a plan, a strategy or a solution so these financial worries didn’t keep you up at night? Check any of the items below that give you pause, worry or stress. Then rate these items on a scale of 1 – 10.

RETIREMENT: Women tend to live longer than men which means women need to try to fully fund retirement savings to meet lifestyle and healthcare expenses.

  • How could leaving the workforce to start a family impact my retirement savings?
  • Am I saving enough for retirement?
  • What should I do with my employer retirement plan?
  • What are my retirement investment options?
  • How do I create retirement income?
  • Will my money last through retirement?
  • What should I consider before claiming social security?
  • Since I am retiring soon, what do I need to do now?
  • Do I need long-term care insurance?

 Rating Scale

                                                           1     2     3     4     5     6     7     8     9     10

 

Education Planning: Whether you decide to back to school or you need to pay for a child’s tuition, plan early for both!

  • How much should I save for child’s education or mine should I choose to go back to school?
  • What is the average college tuition inflation rate?
  • Will my child or I qualify for financial aid? Where do I start?
  • What are my college savings options?
  • What if one of my children decides not to pursue higher education, what happens to the savings?

 

Rating Scale

  1     2     3     4     5     6     7     8     9     10

 

 Life Events: Sometimes life gives us lemons; let’s make lemonade instead of ignoring the lemons we have been given.

  • How do we manage our finances together after getting married?
  • What happens to my 401(k) when I change jobs?
  • How I plan for fertility treatment or adoption cost?
  • What are my options if I lose my job?
  • I am getting divorced – now what?
  • I am getting divorced. What happens to my assets?
  • My husband recently passed away, now what?
  • How do I help my recent graduate transition into the next phase of their life?
  • Should I pay off my house?
  • I need a new car; do I finance it or pay for it in cash?
  • I recently married, do I need life insurance?
  • How much money should I have in liquid savings or an emergency fund?

 

Rating Scale

                                                           1     2     3     4     5     6     7     8     9     10

 

Now take the next step: let’s get together and talk about the things keeping you up at night! Email: mdstephens@royalaa.com or 615.369.1611

Let’s talk soon!

Maleah