Financial advice for women
Updated: Jun 3, 2019
Sometimes there are things that are hard to talk about, and it’s just easier to speak with a woman. The discrepancy in superannuation between men and women regularly shocks me. I can’t even guess how many women have said to me “here’s my super balance, it’s quite low”. Superannuation is a very important retirement vehicle, and yet many women approaching retirement have a relatively low balance.
Here are some of the times I feel it can be particularly helpful for women to chat with a female financial planner:
- Sorting out the financial side of divorce
- Looking into new personal insurance cover
The financial side of divorce can be complex, and divorce is usually difficult and emotional to start with. Having a woman guide you through the process who is both sympathetic to the emotional challenges and able to make help you make sense of the financial and technical details may alleviate a lot of the financial stress divorce may cause.
Another thing that may surprise you is that taking out new insurance cover may involve medical checks and discussions about health. I’m not sure about you but if I was going to speak with someone about my current medical conditions, any irregular test results and any medications I’m taking – I’d prefer to speak with a woman! The good thing about going into this detail properly though is that it may help to get a better result. So it’s important to work with someone you trust and feel comfortable with.
If you feel like you need help with your finances or you’re not confident with how your finances are currently managed, please consider getting in touch to line up a free initial consultation. We offer a flexible office, with online and phone meetings options.
Alison Kaigan - Your online financial adviser