SECURITIES MONEYWELL PROFESSIONAL

SECURITIES MONEYWELL PROFESSIONAL

They could be setting themselves up for financial failure decades from now by rejecting investing and retirement planning.Īn ongoing relationship with a financial professional may enhance your knowledge of the ways in which you could build your wealth and arrange to retire confidently. Some couples focus only on avoiding financial risk – to them, maintaining the status quo and not losing any money equals financial success. How you invest, together or separately, is less important than your commitment to investing. Should you hold any joint investment accounts or some jointly titled assets? One of you may like to assume more risk than the other spouses often have different individual investment preferences. 1įirst off, how will you make your money grow? Simply saving money will help you build an emergency fund, but unless you save an extraordinary amount of cash, your uninvested savings will not fund your retirement. In the 2017 TD Bank Love & Money survey consumers who said they were in relationships, 68% of couples who described themselves as “unhappy” indicated that they did not have a monthly conversation about money. Waiting too long to ask (or answer) those questions might carry an emotional price. The good news is that is usually not so difficult.Īt some point, you will have to ask yourselves some money questions – questions that pertain not only to your shared finances, but also to your individual finances.

To succeed as a couple, you may also have to succeed financially. When you marry or simply share a household with someone, your financial life changes – and your approach to managing your money may change as well. What are the keys in planning to grow wealthy together?

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