Women and Money
Don’t overlook your own money needs.
Financial Independence should be
Priority for all Women
Women earn more money today than any time in the past, and yet studies confirm over and over that the level of financial awareness and confidence has not improved when it comes to investing. Women tend to base their financial decision around the wellbeing of their family, rather than themselves.
It is often that women wait till their very late 40s or even 50s to start thinking about themselves, their financial future, and financial independence.
Unfortunately, women tend to take more time off work due to having children and looking after parents at later years, and that reduces their capacity to grow nest egg big enough to support themselves sufficiently in retirement.
This needs to change. You need to start taking charge of your life, your finance in order to create income and assets security to protect you especially in your later years.
Single again – but life goes on and so do you
There are two reasons why pass the age of 50 one would become single again. You either lost your partner, who passed away, or you lost your partner, because one of you had enough and made a decision to proceed with a divorce.
Those are two different situations, but both are just as painful, and both have a huge impact on your financial situation from that point on.
This is my client Ross who passed away
Ross & Heather have been my clients since 2003. They are my longest-standing clients and I am so grateful to both of you for your trust, love and a beautiful friendship that has developed over the years. Ross suffered a terrible cancer and he passed away in 2019. I miss him terribly. Every time I visit Heather now, I see the chair where Ross used to sit when we were conducting our reviews – and it is empty now. Oh, it was so much more than just “money conversation”, every-time it was a special moment. I will cherish those memories forever. I miss you Ross.
But I am really glad that Heather managed to go on with her life. She is such a strong lady, dedicated to her farm, her garden, rescuing animals, assisting neighbours, to her home, her daughters and her grandchildren. She is the most giving, loving, sharing and selfless person I know.
But after Ross passed away, we had to restructure all the assets. If we did nothing, Heather would have lost her Age Pension and the HealthCare Card, so as difficult as the time was, after having lost Ross, I had to act fast to ensure Heather can continue on her own, with enough income, and some support from the Centrelink office.
Yes, after losing a loved one, life is tough and unfair, but it also goes on, and you have to adjust and continue with your life. And money is an important part of that adjustment. This is where I can help you to reach the point of financial security and peace of mind. If you are in a similar situation, please connect with me so I can help.
Divorce might be good for your sanity, bu not so good for your retirement
So-called grey-divorces are in the highest numbers in history out of any age bracket. It shows that we either are not meant to be together forever, or that we just don’t want to take someone else’s “crap” any longer. Surprisingly (or maybe not) it is women that are in majority initiating divorce proceedings.
Regardless of reasons, you might feel good about finding your new “freedom” but the divorce decision will have a huge financial impact on your retirement. Especially considering that many women do not have sufficient super, mainly due to taking time off for children or only working part-time in order to look after the family.
In many cases, women act emotionally during the divorce, and often want to hold on to “memories” of family life, such as family home, while the partner will end up with money.
Well, divorce needs to be fair, just and equal between partners, so both parties can continue their lives in the best shape possible, under the circumstances.
So, the best outcome is always achieved by collaboration between your lawyer and a specialised financial planner to ensure your life can go on with the least of disruption and heartache. and this is where I can help.
Taking charge of your life again can be life changing, empowering and uplifting and I would love to assist you to get there and reach your financial security and peace of mind in your new life.
What my clients are saying
Katherine has been a wonderful find, and someone my wife and I will keep in touch with for the years to come.
We particularly sought her services for help with managing our superannuation fund.
Katherine was highly informative and professional, and helped us develop a firm grasp on the principle issues to manage. We cannot overstate how helpful she has been.
We would highly recommend Katherine to anybody seeking financial planning advice of any sort. She has more than demonstrated an unrivalled breadth of knowledge in the field.
I was extremely wary and sceptical of the entire financial planning/advising industry but also knew I was at risk of making some big mistakes if I didn’t get some serious professional advice. Enter Katherine! After watching almost every one of her excellent About Retirement videos, I knew she was smart, savvy, KNOWLEDGEABLE, approachable and down to earth. I absolutely didn’t want someone who was going to fight me about my decision to not purchase a home. I wanted someone who could understand that that decision was right for ME and support me in structuring my financial affairs for the future.
Since 2002 we have entrusted our financial planning and that of a late parent to Katherine.
Her knowledge is sound and her advice is unpressured and tailored to our current and future needs.
Our peace of mind has only grown as has our trust in Katherine. She is ethically beyond reproach.
Katherine has been a lifesaver for my Husband and I. Having planned all our finances for our future and sorting through all our Centrelink problems that we have had, I would highly recommend Katherine for any of your retirement planning.
Katherine took over management of my superannuation fund in 2006. For me, the nickname I gave her back then of ‘Wonder Woman ‘ still stands!
I’m also happy to know her now as a friend, whom I can sincerely recommend to you.
Since 2006 Katherine has overseen my husband Andrew ‘s superannuation portfolio with complete integrity. We have also sought general financial advice from her over that time and know that we can trust her to give the best advice possible.
Initially our relationship with Katherine was at a purely business level but, over the years, we have come to know her as a trusted friend; who has my full recommendation.
My husband Ray and I have been Katherine’s clients for years and when she left the company, without any hesitation we stayed with her, she is a beautiful human being and we love her to bits and would trust her with our lives.
Ray has died and her help over that time was amazing. I don’t know what I would have done without her. I am old, so hopefully I will have her as my adviser for the rest of my days.
Introducing Katherine – clever, caring, conscientious, capable and more.
How different from our previous financial advisor who prepared an unsuitable plan for our age group and was more interested in making money for themselves.
We were persuaded by a friend to change to Katherine, the best advice we were ever given.
If you are looking for a financial advisor we recommend you contact Katherine.
Just a short note of thanks for the supreme effort that you put in on my behalf with Centrelink. I am so grateful that you act as a go-between for me, with what has been happening of late I could not have managed on my own.
I greatly appreciate your assistance with our Retirement affairs and the frank advice that you offer to me and matt. I would not hesitate to recommend “About Retirement” to anyone.
I invite you to work with me
Life can be hard, complex and hectic. If I can take away your worry about any financial problem, pain or insecurity you might have, please do not hesitate to contact me.
I take the time to fully understand your needs, goals and preferences before providing you with any recommendations.
Your financial plan is as unique as your life and circumstances, and I want to ensure that my advice will give you peace of mind and feeling of security, knowing that you are well prepared for the future.
Please see above what my clients are saying about me and the caring service they received and experienced over the years.
I am really looking forward to speaking with you very, very soon.