Financial Planning for Women

Articles and resources related to Financial Planning for Women.

Not Your Grandmother’s Life Insurance

Cindy Carlson, AALU, FMLI
Underwriting Manager, ViaForte
Published December 2, 2019

Women are increasingly recognized as primary financial decision makers and stewards of wealth. One of the ways to protect financial assets is through life insurance. As women continue to earn and manage more wealth, the dependency of others on women as providers for their families and businesses continues to grow. The economic influence and impact of women in the United States is increasing: 42% of businesses are women-owned. 1 Women are the primary breadwinners in 40% of ... [Continue Reading]

Financial Checklist for Young Adults: Essential Tips for College Students

Valerie Thomas, CTFA
Senior Integrated Wealth Advisor
Published September 16, 2019

One of the most meaningful gifts a young person can receive as they strike out on their own after high school is wise counsel on financial matters. As a new school year begins, we wanted to share the following guidelines and important actions to help young adults in our clients' lives to build a strong foundation and get a sound start on their financial journey. Avoid Consumer Debt and Be Careful With Student Loans The fastest way to financial success is to avoid debt, because not having ... [Continue Reading]

Have You Considered a Family Meeting?

Katy Vermeer, CFP^®
Senior Integrated Wealth Advisor
Published July 18, 2019

What image does a “family meeting” conjure up for you? Do you think of your childhood when your parents would ominously announce, “It’s time for a family meeting!” or maybe it’s your spouse asking, “Does this incident warrant a family meeting?” In our home, one form of a family meeting occurred when my husband and I had casual discussions with our three kids over dinner when we would say something along the lines of, “We have something important to talk about.” I recently asked our young adult ... [Continue Reading]

Financial Plan for One, Please

Kim Diemer
Associate Integrated Wealth Advisor
Published June 28, 2019

Looking around, whether in a restaurant, an airport or even on the beach, you may be observing more and more people out on their own—or perhaps with a group of friends. There are many ways one might be taking note that one of the largest growing demographics globally is single people. 1 This shift in demographics can also be seen here in Minnesota. In 2017, whether by choice or circumstance, 41% of women in the state over age 29 were widowed, divorced, or not married. 2 A single status may ... [Continue Reading]

The Power of Budgeting

Cami Peterson, CPA, CPFA, AIF®
Director of Retirement Plan Services
Published February 28, 2019

As we move quickly along into a new year and embrace the opportunity of fresh starts, we often experience feelings of hope, inspiration, and anticipation. A new year is a natural time to pause and evaluate what has gone well in the past and what we want to improve in the future. We set goals, make resolutions, and envision the future we want to create. Many individuals have goals relating to their finances. For some this may be to save for a large purchase or trip. For others this may be to save ... [Continue Reading]