Getting ready for the inevitable financial independence day
By Wendi Strom
July 31, 2016
“Earlier this month, our great nation celebrated its 240th year of independence. On this beautiful day, we most certainly had an Independence Day worthy of celebrating.
But looking around at those celebrations lead me to the realization that not every independence day is cause for joy 
and celebration. In fact, two of the synonyms of independence are most telling of this: separation and self-sufficiency. What if we add financial to the mix? Financial independence, financial self-sufficiency, financial separation.
After being part of a financial partnership, through marriage for example, becoming financially independent, especially unexpectedly through death or illness, is typically anything but a celebration. It can be crippling, potentially both financially and emotionally. Because of this, regardless of your age, it’s important to take steps like these outlined below, to put you and your loved ones on a track of financial preparedness for the day that something happens to you or your financial partner.
Working with many couples and widows over the years, here’s a list that I’ve compiled and use with my own clients to help them protect each other….”
Read the entire article at: http://www.denverpost.com/2016/07/31/financial-independence-day/
Wendi Strom, Certified Financial Planner, LOTUS Financial Partners, Denver, CO and president-elect of the Financial Planning Association of Colorado.
