The LGBTQ+ community is important to us, that's why our team is here to help when it comes to investing.
The LGBTQ+ community faces many unique challenges. Our team of professionals are here to help.
Why Financial Security Is Important For EveryoneIf you belong to the LGBTQ community, you face some unique legal risks and financial costs. Those risks and costs can change every few years as laws evolve State to State. For all these reasons, it’s smart to be well prepared and strategic when it comes to planning your finances. With the recent tax law changes, an uncertain future for Social Security and the shift toward employee directed retirement plans, the need for sound financial strategies has never been greater. Our financial specialists can provide time tested strategies that help you to make informed financial decisions. Whether your objective is to build a nest egg, protect your assets or preserve your lifestyle throughout retirement, our financial professionals help you plan your future with confidence. Above all we will assess your financial situation and develop a personalized plan to pursue your retirement goals.
|
Did you know?Did you know that while 63% of Americans are behind on saving for retirement, that number jumps to 70% if you're a part of the LGBTQ+ community? We're here to lower that number. Saving for retirement starts with a conversation with a financial planner who can help navigate the roads to financial security. Forbes.com, August 1, 2019 |
You don't get us for just one month.
|
|
Our diverse team is here for you, your spouse, children, and anyone else that is important to you. We work to create a comfortable atmosphere for all of our clients.
|
|
How do I get started?
Create GoalsCreate concise goals for what you'd like your money to do for you. If you’re single, your top goal may be to have the resources to retire early and travel. If you’re coupled, perhaps protecting your partner financially if you die or become incapacitated is your top goal; you want them to enjoy their same lifestyle even if your income stops. Or perhaps supporting your favorite charities is your passion. Listing your goals is the first important step.
|
OrganizeOrganize your current financial position. This step includes identifying all of your financial accounts. It is often surprising to see just how many active savings and retirement accounts we create over the years. But it’s also checking how your accounts and other major assets, such as a home and car, are legally titled.
|
Analyze RisksAnalyze your financial risks and your progress toward your financial goals. Discover any financial risks unique to the LGBTQ community that you may not be aware of. An example: Do you or your partner work for a small, socially-conservative company that could theoretically find a way to end your employment or limit your chances of promotion? If so, that’s a unique risk to your situation. As a result, you might need to save up a larger-than-usual emergency fund.
|
Implement + MonitorOnce you understand your list of financial to-dos, you’ll need to start taking care of them. This phase could include tasks such as retitling accounts, writing a will, setting up trusts or putting more money into retirement accounts. Once this is done, look at your financial plan like a living, breathing entity. It's not a set and forget it item. Goals can change, your positions may need to change, and more.
|
Source: bmogamviewpoints.com
For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.
For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.