Sitting Pretty... or Sitting Duck?

Put Together A System To Make Money…

Not A Recipe To Go Broke

Let's talk money.  Have you considered what the financial impact on your wealth would be if:

• you divorce, are widowed, or remarry?
• your investments tank?... or the economy moves against you?
• your parents should need your financial support or care?
• you are sued?
• you suffer a major illness or disability?

Have you given it any serious thought?...do you have a plan?  If you have not… and do not… you are not alone.  Most women have not carefully weighed the impact of a "what if,"  have no plan, and are totally unprepared to face the consequences of any such occurrence.  Yet, left unaddressed, a "what if," has the potential to wipe you out financially.  Women have seen their fortunes destroyed by ignoring the ramification of a "what if."

"What ifs" can, do, and will strike with no respect of person. A woman has a 90% chance of facing at least one "what if" at some point in her life.  Don't be lulled into thinking your life will be the exception, and a "what if" will never happen to you -- just look around at the women in your circle or day-to-day dealings.  You will find:

• more divorced women than divorced men
• more widowed women than widowed men
• women who’ve experienced substantial devaluations of their 401(k) and/or investment portfolios
• 41% of the women with a living parent providing care and support for that parent
• that women who have assets, deal with the public, or are involved in a  high risk profession, are major targets for lawsuits
• there is a one in three chance a woman will suffer an injury or major illness while still working

And, that's not all.  There is more.

The Good…The Bad…The Ugly

In addition to dealing with "what ifs,"  did you know you can expect to live to be old, alone, and in a declining functional and/or cognitive state? Most women will live to be well past eighty. Their longevity, however, may be bittersweet. Ninety percent will be alone - either widowed, divorced, or never married. With their longer life span, 80% can expect to encounter some degree of chronic disease or disability.  So, as you age, the quality of your life may depend upon earlier decisions you made regarding your money. It is a sad state of affairs to approach your senior years old, alone, sick, and broke because you did not plan, or you allowed your life resources to be squandered, depleted, or lost, by failing to protect them.

Trump “What Ifs” Before They Trump You

A “what if” will come knocking at your door --you can count on it.  Your best defense will be a good offense. With the right plan, you can protect your wealth -- no matter the economic times, and no matter the personal circumstance.   Sitting Pretty or Sitting Duck identifies for women critical issues they need to be aware of that affect their bottom-line.  It also lays out for them what they can do to protect themselves.

Knowing yourself, your money, and the law, and then devising a plan to protect yourself and all that you have, will help you trump "what ifs" before they trump you.