Preparing Women For Financial Life After The Death Of Their Spouse
Widows can face many struggles after the death of their spouses.
And finances can be near the top of the list.
Sweet Financial Services Wealth Advisor Lynne Burgraff said, "There's a statistic out there that says 80 percent of men will die married but 80 percent of women will die single."
Death is something very few people want to think about.
But when it happens, it can leave many holes in the life of a spouse.
And one of the bigger holes is finance.
Sweet Financial Services Director of Operations Brittany Anderson said, "If we can coach them through that, take away some of that worry, let us worry about the technical side. We can teach you along the way, but we want you to be able to focus on the things that you enjoy the most."
And even though women have become more financially independent over the years, the loss of a spouse can sometimes leave women unprepared to deal with the finances often handled by their husbands and it comes at a time when money is the last thing on a widow's mind."
Burgraff said, "Financial matters are extremely important in this instance, but it is the last thing that they are thinking about, and that's why they need someone to help them along, to guide them, to support them."
The Census Bureau says widows are one of the fastest growing portions of the population, at around 13 million.
As that number grows, especially among baby boomers, Sweet Financial Services developed the Smarter Women program to help prepare women for this devastating event.
Tonight, the program brings the knowledge and experience of author and widow Dr. Kathleen Rehl, not often found in rural Minnesota.
Anderson said, "By bring somebody like this in, of this caliber, we're able to educate these women, help them understand that they're not alone throughout this process."
To make a negative a little less stressful.
To learn more, visit: http://www.sweetfinancial.com/smarter_women.htm
--KEYC News 12