Widowhood Case Study

Gina

AGE:77

Main Goals

Gina was referred to us by her CPA.  After experiencing the loss of her husband Tony,  she wanted to ensure she was on a good path going forward.

"My Tony was really the one that took care of the finances.  I paid the household bills but he handled pretty much everything else.  I'd like to stay in my house but right now that seems overwhelming with all that Tony did to keep the house in order.

At 77, I don't feel I can afford to make any mistakes and really need some guidance on a variety of topics"

Our Strategy for Gina

• We took a holistic approach to make sure that all of her goals and concerns were addressed
  
  
• We then put a plan in place to help ensure she was able to live the life she wanted without having to worry about her finances
  
  
• We arranged some help related to her home so she could remain there without worrying about the maintenance aspects
  
  
• Looking at various tax saving options, those were incorporated into her plan as well
  
  
• We discussed Social Security and Medicare options so she felt more at ease
  
  
• With Tony's pension reduced, we wanted to make sure Gina had enough income to meet her various needs
  
  
• Working together on an ongoing basis allowed us to stay on track toward meeting her goals as well as handling anything that came up

Interested in learning more about our widowhood planning process? Click HERE to schedule a complimentary call to discuss your situation.

_{Disclaimer - This case study is provided for illustrative purposes only and is hypothetical in nature. It is provided to help you better understand the kinds of situations we commonly encounter and how we approach them. An individual’s experience will vary based on his or her individual circumstances.  Names have been changed.}