Financial Advisor for Widows: How to Find the Right Fit After Loss
Losing a spouse often means taking over financial decisions that used to belong to someone else - sometimes with little warning, and sometimes with very little background in how any of it works. If you're searching for a financial advisor for widows, you're looking for someone who can help you make those decisions well, at a pace that works for you, while you're grieving.
Here's what to look for, what to watch out for, and what a good first meeting looks like.
I’ve Lost My Spouse. Should I Change Anything About My Investments?
A common question we get from widows after they lose a spouse is, “should I change anything about my investments?” It’s a great question, and the answer isn’t always straightforward or obvious.
There can be a feeling of urgency to make sure everything is set up exactly the right way after losing a spouse. Some people feel like they need to make quick changes, out of fear that if they don’t act now, something will go wrong. Others take the opposite approach, and change nothing - for years - partly out of grief, and partly because it’s overwhelming.
Neither extreme serves you well. We’re going to talk about what should take priority about investments, and what can wait.