Gay retirement planning

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Retirement Planning may not be fun, but if you really want to achieve financial independence you can't ignore it. I would like to share my 10 great reasons to ignore retirement planning. Reason "I don't have time to plan for retirement.

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How same sex couples can plan for a secure retirement. Including travel and lots of selfies. As couples in the Queer community grow older, hopefully, we will be doing some planning for a retirement that is as fabulous as we are.

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Despite major headway in marriage laws, all is not equal when it comes to planning and saving for later in life. The U. He notes, individuals may still encounter workplace and housing discrimination on the basis of sexual orientation and gender identity.

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This report from the Aegon Center for Longevity and Retirement, is one of the first to take a global look at the issue of retirement aspirations and planning with the Lesbian, Gay, Bisexual, and Transgender LGBT community. Many of the traditional patterns of family and working life, including the way people plan and save for the long-term, have not applied in equal measure to the LGBT community. Our research finds both similarities and differences between how LGBT people and heterosexuals prepare for retirement. While LGBT people and heterosexuals share broadly similar expectations regarding their retirement ages, their preparations differ in subtle, yet important, ways.

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Name the house pet that says 'meow' this question keeps computers from send us spam. Honorees helped promote diversity for people of various races, sexual orientations, gender identities, and people with disabilities. In the past, women were expected to get married, raise children, keep the house clean and rely entirely on men for financial support.

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An advisor's score is based on people's experience when meeting with the advisor - were they professional, did they understand the person's goals, etc. It helps you get a sense of what you can expect if you choose to connect with the advisor. It is not a rating of their investment performance!

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How to get the best LGBT financial planning advice. Why not make financial planning fun and fabulous. Take Pride in your money.

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But hoo boy, my friends, these are far from ordinary times. The demographic truth is that that the financial planning industry — my industry — is mostly older, whiter and more socially conservative than the population as a whole. Some, in fact, may be blatantly hostile to them. Quite simply, the way you spend and allocate your money has everything to do with who you are and how you live.

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While the LGBT community is benefiting from increasing financial prosperity and legal recognition, many economic challenges hit us harder than they do for straight citizens. Like everyone else, we are currently facing a retirement planning crisis but one that may well go beyond the risks of the rest of America. Here are some common LGBT retirement issues facing our community.

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Budgeting is the primary way that you can take control of your finances. Simply put, a budget is a written plan for how you will spend your money. You can create a monthly or an annual budget. The budget allows you to make financial decisions ahead of time, which makes it easier to cover all your expenses throughout the year.


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