Victoria Collier writes about the triple financial burden couples who choose to marry and start families later in life are facing, suggesting that all three aspects are important and need to be prioritized and strategized into a workable plan.
DECATUR, GA, November 15, 2018: Victoria Collier, co-founder of Red Feather Financial, has posted a new blog on the firm’s website entitled “The Successful Handling Of A New Age Financial Balancing Act,” in which Collier addresses the financial requirements of parents who choose to delay having families until they are in their early 40’s.
Collier states, “I’m seeing a growing trend among some of my clients. Many clients are coming to Red Feather Financial who married and had children in their early 40’s instead of their 20’s and early 30’s.” She adds, “These couples are faced with quite a challenging financial balancing act.”
“At a time when those who marry young have already put their kids through college and are able to turn their attention in their 40’s to saving for retirement,” writes Collier, “these older families are faced with a triple burden.” She elaborates, “First, they are faced with paying for private schools for their young children then saving for college. Secondly, since they are much closer to retirement age, they must also start saving for their financial security. And, thirdly, they are also concerned with how to provide long-term care for their own aging parents.”
Collier says, “In this kind of situation, sitting down with a reputable financial advisor could be your saving grace. The truth is that all three items are equally important. You don’t want to skimp or minimize any area.”
The entire blog can be read at http://redfeatherfinancial.com/the-successful-handling-of-a-new-age-financial-balancing-act/
About Dr. Sabrina Scott
Sabrina Scott learned about Veterans Benefits and Medicaid when her parents sought legal services for long-term care. Confident she could find ways to preserve her family’s resources and still get access to Government Assistance, Sabrina felt there should be more options than relying on welfare. As a result, Dr. Scott became an investment advisor representative who can make recommendations regarding securities and became licensed in insurance as well. She co-founded Red Feather Financial with Victoria Collier to help those who want to have a plan in place in order not to outlive their resources and who do not want to be a burden to their children.
About Victoria Collier
Victoria L. Collier, CELA founded The Estate & Asset Protection Law Firm to serve the legal needs of retiring individuals. Victoria is also Co-Founder of Red Feather Financial. At both firms WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit.
About Red Feather Financial
Red Feather Financial is an independent financial advisory firm born with a singular mission: to financially empower our clients and protect their financial future. Most people come to see us because they are worried about having enough money for retirement and long-term care costs. We help by showing our clients how they can leverage their assets in the most tax-efficient and cost-effective ways.