Dallas County Living Well Magazine March/April 2016 | Page 46

5 Reasons
a Woman Needs to
Consult a Financial Advisor
By Nicole C. Milici

M

any men believe they need a Financial Advisor to outperform the market. Many women
believe their man is making the best financial
decisions for them, while not considering
consulting a Financial Advisor themselves.

A survey by American Express concluded that most men
handle the finances in a household. I’m sorry ladies, but
this is a load of … how do I say it nicely?… bull! Your finances are your personal responsibility. Don’t take a backseat in determining your financial future.
Here are five reasons a woman needs to consult
a financial advisor:

1) To Create a Financial Plan
Whether you are single, married, divorced, or widowed,
at some point in your life you will be responsible
for your finances. While the divorce rate is going down
in the U.S., so is the number of people actually getting
married (www.today.com). More women are staying single
longer. Also, nearly 700,000 women lose their husbands
each year and will be widows for an average of 14 years.
(United States Census Bureau).
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DALLAS COUNTY Living Well Magazine | MARCH/APRIL 2016

A financial plan will help you establish your goals and priorities for your future. Will you outlive your [ۙ^O