A LOOK INSIDE: WOMEN & FINANCES: THE THREE PS
By 2030, 66 percent of America’s wealth will be held by women, according to The Washington Post. Today’s women are adding real value when it comes to molding the financial future for themselves and their families. At Regions, we want to educate, equip and empower women to have the confidence to take control of their financial situations, even if they have previously not been involved. It is crucial that women take an active role in their financial planning since many Baby Boomer wives can expect to outlive their husbands, inherit the couple’s assets and often live another 15 to 20 years, according to the U.S. Administration on Aging.
If the unthinkable happens, it can be overwhelming trying to catch up at a difficult emotional time. I suggest women get up to speed financially by following The Three Ps®:
BE PROACTIVE. Become informed — before things happen. Educate yourself on the basic elements of personal finance, such as retirement plans, budgets and different types of investments. It’s not hard to learn; the important thing is to get started. Visit HerVision HerLegacy at regions.com/wealthinsights, where you’ll find important information for the unique financial perspective of women ranging from saving for retirement to combining finances.
BE PRESENT. It’s important to stay actively involved in and be aware of your family’s finances and long-term plans. That means having honest family financial discussions in which you talk about where things stand right now and where you want to go. Participate in conversations and meetings with your Private Wealth Advisor, and don’t be afraid to ask questions.
BE PREPARED. When you’re dealing with a crisis, the last thing you need to do is search for documents. Assemble a binder with important paperwork, user IDs and passwords. Have a contact list with all of your advisors, such as your Wealth Advisor, insurance agent, lawyer and tax specialist, and the best way to reach them. You can tell a trusted family member where to find this information in an emergency and keep it in a safe deposit box. The more prepared you are, the better you and your family can move forward.
If you find yourself facing a difficult situation, give yourself time before making major financial decisions. Equipped with more knowledge, you’ll know that you can handle it. How you emerge from tough times — especially when you’re the one in charge — depends on being prepared, taking responsibility and knowing enough to trust yourself.
At Regions, our Private Wealth Advisors are with you every step of the way. Our associates are available to offer advice, guidance and education whenever it is convenient to you.
Investment, Insurance and Annuity Products: Are Not FDIC- Insured | Are Not Bank Guaranteed | May Lose Value | Are Not Deposits | Are Not Insured by Any Federal Government Agency | Are Not a Condition of Any Banking Activity.
MEET THE EXPERT
Anne Ferrell Dalton is a Wealth Advisor with Regions Private Wealth Management. Contact her at anne.dalton@regions.com
By 2030, 66 percent of America’s wealth will be held by women, according to The Washington Post. Today’s women are adding real value when it comes to molding the financial future for themselves and their families. At Regions, we want to educate, equip and empower women to have the confidence to take control of their financial situations, even if they have previously not been involved. It is crucial that women take an active role in their financial planning since many Baby Boomer wives can expect to outlive their husbands, inherit the couple’s assets and often live another 15 to 20 years, according to the U.S. Administration on Aging.
If the unthinkable happens, it can be overwhelming trying to catch up at a difficult emotional time. I suggest women get up to speed financially by following The Three Ps®:
BE PROACTIVE. Become informed — before things happen. Educate yourself on the basic elements of personal finance, such as retirement plans, budgets and different types of investments. It’s not hard to learn; the important thing is to get started. Visit HerVision HerLegacy at regions.com/wealthinsights, where you’ll find important information for the unique financial perspective of women ranging from saving for retirement to combining finances.
BE PRESENT. It’s important to stay actively involved in and be aware of your family’s finances and long-term plans. That means having honest family financial discussions in which you talk about where things stand right now and where you want to go. Participate in conversations and meetings with your Private Wealth Advisor, and don’t be afraid to ask questions.
BE PREPARED. When you’re dealing with a crisis, the last thing you need to do is search for documents. Assemble a binder with important paperwork, user IDs and passwords. Have a contact list with all of your advisors, such as your Wealth Advisor, insurance agent, lawyer and tax specialist, and the best way to reach them. You can tell a trusted family member where to find this information in an emergency and keep it in a safe deposit box. The more prepared you are, the better you and your family can move forward.
If you find yourself facing a difficult situation, give yourself time before making major financial decisions. Equipped with more knowledge, you’ll know that you can handle it. How you emerge from tough times — especially when you’re the one in charge — depends on being prepared, taking responsibility and knowing enough to trust yourself.
At Regions, our Private Wealth Advisors are with you every step of the way. Our associates are available to offer advice, guidance and education whenever it is convenient to you.
Investment, Insurance and Annuity Products: Are Not FDIC- Insured | Are Not Bank Guaranteed | May Lose Value | Are Not Deposits | Are Not Insured by Any Federal Government Agency | Are Not a Condition of Any Banking Activity.
MEET THE EXPERT
Anne Ferrell Dalton is a Wealth Advisor with Regions Private Wealth Management. Contact her at anne.dalton@regions.com
