Why Older Women Are Choosing Not to Remarry | Ask My Man Manny Podcast
03/20/24 • 29 min
Unlock the mysteries of harmonizing love and money as I, Maynid Henson, team up with the brilliant Dr. Abbey Durkin to dissect the evolving phenomena of financial independence in love after 45. In an era where women wield greater economic power, the quest for companionship overrides the hunt for financial support. Our dialogue, inspired by a provocative Washington Post article, navigates the often-uncharted waters of later-life relationships, where women are deftly balancing heartstrings and purse strings. We peer into the strategies these savvy women employ to protect their nest eggs while embracing new romantic ventures, ensuring their financial security doesn't play second fiddle to their emotional fulfillment.
Discover how the tides of remarriage stir up more than just sentimental waves as we examine the financial implications of finding new love later in life. Dr. Abbey and I shine a light on how such unions can jostle the anchors of social security benefits and alimony, urging the need for candid financial conversations before saying "I do" again. These discussions are not just about protecting assets but also about securing peace of mind for oneself and one's progeny. We delve into the complexities of estate planning and the legal scaffolding that upholds children's inheritances, balancing the non-material richness of partnership with the stark realities of financial foresight.
Closing the loop on our financial odyssey, we address the delicate dance of managing marital finances. Together with Dr. Abbey, I highlight the unsung hero of marital bliss—communication—while unraveling the twine of tax planning and investment strategies that can either bind or divide. We advocate for a personalized approach, recognizing that every couple's financial fingerprint is unique. By intertwining our expertise with real-world scenarios, we lay out a roadmap for couples to navigate their shared financial future, underlining the power of professional guidance to ensure love and money can indeed share a lifetime commitment.
Season 1 Music is Freethrow by Timothy Infinite
Season 2 Music is Unwind by Dream Cave
The content presented and discussed is purely intended to be general and educational in nature, and should not be construed as specifically-tailored investment, financial planning, tax, legal, psychological diagnosis, or other professional advice. Any data cited is valid as of the date of presentation, but please know that such data (e.g., tax rates, brackets, and other rules) are frequently subject to change. Any investment performance referenced is purely past performance, which is no guarantee of any future performance. Nothing contained in this course should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or other financial product or investment strategy. All investment, tax, and financial planning strategies involve risk that you should be prepared to bear. Investment, financial planning, tax, legal, and other professional advice is specific to each individual and entity, and you are highly encouraged to consult with professionals of your choosing before taking any action based on the contents presented or discussed herein.
Gamma Wealth Management (“GWM”) is a registered investment advisor offering advisory services in the State(s) of Maryland and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet...
Unlock the mysteries of harmonizing love and money as I, Maynid Henson, team up with the brilliant Dr. Abbey Durkin to dissect the evolving phenomena of financial independence in love after 45. In an era where women wield greater economic power, the quest for companionship overrides the hunt for financial support. Our dialogue, inspired by a provocative Washington Post article, navigates the often-uncharted waters of later-life relationships, where women are deftly balancing heartstrings and purse strings. We peer into the strategies these savvy women employ to protect their nest eggs while embracing new romantic ventures, ensuring their financial security doesn't play second fiddle to their emotional fulfillment.
Discover how the tides of remarriage stir up more than just sentimental waves as we examine the financial implications of finding new love later in life. Dr. Abbey and I shine a light on how such unions can jostle the anchors of social security benefits and alimony, urging the need for candid financial conversations before saying "I do" again. These discussions are not just about protecting assets but also about securing peace of mind for oneself and one's progeny. We delve into the complexities of estate planning and the legal scaffolding that upholds children's inheritances, balancing the non-material richness of partnership with the stark realities of financial foresight.
Closing the loop on our financial odyssey, we address the delicate dance of managing marital finances. Together with Dr. Abbey, I highlight the unsung hero of marital bliss—communication—while unraveling the twine of tax planning and investment strategies that can either bind or divide. We advocate for a personalized approach, recognizing that every couple's financial fingerprint is unique. By intertwining our expertise with real-world scenarios, we lay out a roadmap for couples to navigate their shared financial future, underlining the power of professional guidance to ensure love and money can indeed share a lifetime commitment.
Season 1 Music is Freethrow by Timothy Infinite
Season 2 Music is Unwind by Dream Cave
The content presented and discussed is purely intended to be general and educational in nature, and should not be construed as specifically-tailored investment, financial planning, tax, legal, psychological diagnosis, or other professional advice. Any data cited is valid as of the date of presentation, but please know that such data (e.g., tax rates, brackets, and other rules) are frequently subject to change. Any investment performance referenced is purely past performance, which is no guarantee of any future performance. Nothing contained in this course should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or other financial product or investment strategy. All investment, tax, and financial planning strategies involve risk that you should be prepared to bear. Investment, financial planning, tax, legal, and other professional advice is specific to each individual and entity, and you are highly encouraged to consult with professionals of your choosing before taking any action based on the contents presented or discussed herein.
Gamma Wealth Management (“GWM”) is a registered investment advisor offering advisory services in the State(s) of Maryland and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet...
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Season 1 Music is Freethrow by Timothy Infinite
Season 2 Music is Unwind by Dream Cave
The content presented and discussed is purely intended to be general and educational in nature, and should not be construed as specifically-tailored investment, financial planning, tax, legal, psychological diagnosis, or other professional advice. Any data cited is valid as of the date of presentation, but please know that such data (e.g., tax rates, brackets, and other rules) are frequently subject to change. Any investment performance referenced is purely past performance, which is no guarantee of any future performance. Nothing contained in this course should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or other financial product or investment strategy. All investment, tax, and financial planning strategies involve risk that you should be prepared to bear. Investment, financial planning, tax, legal, and other professional advice is specific to each individual and entity, and you are highly encouraged to consult with professionals of your choosing before taking any action based on the contents presented or discussed herein.
Gamma Wealth Management (“GWM”) is a registered investment advisor offering advisory services in the State(s) of Maryland and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet...
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Season 1 Music is Freethrow by Timothy Infinite
Season 2 Music is Unwind by Dream Cave
The content presented and discussed is purely intended to be general and educational in nature, and should not be construed as specifically-tailored investment, financial planning, tax, legal, psychological diagnosis, or other professional advice. Any data cited is valid as of the date of presentation, but please know that such data (e.g., tax rates, brackets, and other rules) are frequently subject to change. Any investment performance referenced is purely past performance, which is no guarantee of any future performance. Nothing contained in this course should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or other financial product or investment strategy. All investment, tax, and financial planning strategies involve risk that you should be prepared to bear. Investment, financial planning, tax, legal, and other professional advice is specific to each individual and entity, and you are highly encouraged to consult with professionals of your choosing before taking any action based on the contents presented or discussed herein.
Gamma Wealth Management (“GWM”) is a registered investment advisor offering advisory services in the State(s) of Maryland and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet...
Ask My Man Manny! - Why Older Women Are Choosing Not to Remarry | Ask My Man Manny Podcast
Transcript
But the point is I think it's not the only part but in order to understand the financial part , you have to have these unvarnished , naked truths , you know , clear-eyed discussions about what are your financial needs ,
Dr. Abbey-Robin Durkinwhat are the debts that you're bringing into this relationship , how much will this relationship i
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