Written By: Marilee Falco

As the philosopher Heraclitus famously claimed: “The only thing that is constant is change.” Sometimes change is a good thing, and sometimes we wish we could avoid it. However, try as we might, major life transitions are going to happen and we are tasked with learning to cope.

Some changes are happy, like starting college or a new job, or getting married. Other transitions are painful, like losing a job, divorce or loss of a spouse or partner. Whether positive or negative, all changes create stress and many create a need for financial planning.

Personal financial management is very complicated in today’s world.  At JoycePayne Partners, we work with our clients to advise them and guide them through these transitions.

These are some examples of Life Transitions:

  • New Job
  • Job Loss
  • Marriage
  • New Baby
  • College Planning
  • Adoption
  • Purchase or Sale of Real Estate
  • Divorce
  • Retirement:  Pension and 401(k) Distribution Options
  • Retirement:  Social Security Planning
  • Retirement:  Medicare Planning
  • Navigating Health Care Insurance
  • Sale of a Business
  • Inheritance
  • Change of Health
  • Death of a Spouse or Partner

Not only do these transitions require knowledgeable financial planning, but because these events are so personal, they can be very emotional.  We offer our professional guidance to help you make informed decisions based on facts and not just emotions.

We partner with other professionals to offer you comprehensive advice.  We will work with your Attorney, CPA and Insurance and Real Estate Agents.  We have partners in the community who are experts on healthcare, Medicare, social security, insurance, and more.  Each Financial Strategist at JPP is a CERTIFIED FINANCIAL PLANNER(r) and undergoes annual Continuing Education to keep up to date with the changing financial landscape and regulations.

At JPP, our holistic approach to financial planning helps us to identify your needs so we can develop innovative solutions to help guide you through life’s transitions and toward financial success.

“All things come into being through opposition and all are in flux like a river.” -Heraclitus

When you’re faced with a change in your life, think of us and let us help. Even if it’s a good change, it’s likely that you’ll be faced with stress and financial concerns. If we can work with you to sort out the financial aspect of your transition, it may lessen your stress and free you up to focus on your new path.

Please look for more on this topic from JPP.  We are planning a seminar this fall to focus on Personal Financial Planning for Life’s Transitions.  If you or someone you know would like more information, please contact me or your Financial Strategist.

Written By: Marilee Falco