Getting a divorce can result in a significant change in your circumstances. It’s a critical time to ensure that you have the right financial plan in place.
Most of us want to believe in fairy tales and living happily ever after, particularly when it comes to our own life story. But relationships are complex at the best of times, and life’s challenges can add pressure for many people and couples.
Ending a relationship can be one of the hardest experiences of life – not just emotionally, but financially. And whilst many people understand the importance of a lawyer when getting divorced, many don’t understand how valuable a financial planner can be.
A divorce can significantly impact your financial security and create a lot of uncertainty, especially while adapting to a single income. A financial planner can help take the worry out of your finances while you rebuild your life and help you secure a brighter tomorrow. Involving a planner early on can also help shape the divorce settlement.
A key role of a financial planner is to help their clients navigate major life changes. In particular, they can assist you to become financially independent and achieve your long-term goals. Think of it this way – most of us use a map to guide us to a new place when we don’t know how to get there. A financial planner can help you plot your course towards a new future.
