Natalie Colley Featured Article on Forbes: 5 Essential Steps To Avoid Financial Disaster In Widowhood
By: Natalie Colley
June 30, 2023
Natalie Colley, Lead Advisor at Francis Financial, offers the 5 essential steps to avoid financial disaster in widowhood.
Financial realities surrounding widowhood are often bleak, especially for women, who are significantly more likely to outlive their male partners. The emotional turmoil of losing a spouse is compounded by the sudden financial insecurity during one of life’s most difficult transitions. Even couples who were once high earners or have substantial assets are not immune to making significant mistakes that result in prolonged difficulties for the surviving spouse.
By taking proactive steps and proper planning, couples can minimize the challenges faced by widows and secure their financial well-being.