Advising Women
At KP Financial Wellbeing we cannot think of a better excuse to discuss some of the key milestones in a woman’s financial journey than right now. We are committed to opening up the conversation about the different set of challenges women find themselves in, compared to their male counterparts and offering practical solutions that work. We are passionate about giving women the power of financial freedom and are well equipped to prepare you for everything life has in store.
One way we do this is by encouraging you to start investing early so that you can make small manageable contributions that we can help grow. This can help you to overcome some of the hurdles you may face in your twenties such as earning less than your male colleagues, living independently for the first time or combatting the prejudice surrounding maternity leave. During this period having a financial adviser that can understand your perspective and provide you with personalised advice, can help you build firm foundations for a securer future.
As you enter your early thirties, the landscape begins to change as you may decide to get married, grow your family or even buy your first home. These circumstances may result in you having more financial responsibilities, higher expenditures or taking time off work (which could affect your eligibility for a state pension). These changing circumstances are a great reason to have a financial check-up to assess where you are now and how we can make your money work harder.
To keep you feeling financially secure through your forties, taking a moment to sit down with a financial adviser to take stock of all of your existing savings and pensions is crucial. We can discuss how your financial priorities may need a refresh if you are considering returning to the workplace, planning for the responsibilities of having older children or recovering financially from a divorce. Being proactive with your money and preventing a problem is always easier than recuperating from a crisis so let’s find out how we can help.
Entering your fifties can be a turbulent time as you may be entering a new relationship and seeking advice on how to financially adjust. Any maintenance you may be receiving for yourself from a previous relationship may be affected and you might be considering adjusting your Will, if you both have children from previous relationships. Equally, entering menopause can have a significant effect on a woman’s ability to work and we want to make sure that your finances can accommodate for this. We will always take the time to look beyond the figures and offer advice that is influenced by bringing you complete peace of mind.
Your sixties may have you preparing for retirement or caring for an elderly relative and because women have longer life expectancies than men, your retirement funds need to last longer. With the ongoing support of a financial adviser, we can monitor if your savings are flexible enough to provide you with a comfortable retirement, regardless of any unforeseen circumstances. Our conversations during your seventies, may then move onto looking at any assisted living or health related care, as well as how to best protect your assets. At KP Financial Wellbeing we understand how stressful these circumstances can be and will offer personalised advice, to help you create a legacy that you’re proud to pass on.
At KP Financial Wellbeing we want to empower women by offering high-quality advice that is influenced by the experiences of women so that you can always feel secure through the face of adversity. Whilst starting your savings and investment planning early is always ideal, we understand why that’s not always possible and want to help you achieve financial freedom, no matter where you are right now.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
Will writing involves the referral to a service that is separate and distinct to those offered by St. James's Place. Wills are not regulated by the Financial Conduct Authority.
