Life Transitions: Plan for the known. Prepare for the unknown.
Whether you saw it coming or find yourself caught off-guard, a life transition can be disruptive, which may leave you feeling anxious and uncertain about what is next. The biggest overarching question is "will I be okay?" - not only emotionally but also financially.
No matter the transition you are facing, proactively addressing the tough questions around life events with a financial planner is important to ensure you are financially prepared through life’s uncertainties. Our team of fiduciaries have years of experience looking out for clients like you, to help you navigate your new reality, and any financial implications, with clarity and confidence.
And we won’t do it alone. We will work in tandem with the professional resources you will need, such as attorneys, CPAs and mortgage lenders, so that you have an entire team beside you to help ensure that you have comprehensive plan of action to guide you forward.
The Social Re-adjustment Scale
From the 1960’s through 1990’s, scientists developed and refined the Social Re-adjustment Scale,a method of rating how stressful people feel during various life events. Can you relate?
It's no secret that most people find major life events to be:
Confusing and complex – full of unknowns
High-stakes – there's potential to greatly impact your future
High-pressure – you may only get one chance at your decision
When making decisions under stress, you may reach conclusions you’d be unlikely to choose under calmer circumstances, which can lead to regret. Suddenly, you’re less able to assimilate information and solve problems, so making levelheaded decisions becomes more difficult.
That’s where we come in. Here is what you can expect from our True Wealth Client Experience - our mission is to help you make wise financial decisions BEFORE you face transition and WHILE you are in transition so you can feel financially confident AFTER the transition.
This information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Hyre Personal Wealth and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. Investing involves risk and you may incur a profit or loss regardless of strategy selected.