Women's Institute For A Secure Retirement

Valentine’s Day is great time to focus on the relationships in your life. We often spend this day showering our loved ones with gifts, loving words and delicious meals, but something we often overlook is the love one can express by simply planning for the future together.

It’s not always about the most expensive or lavish gift you can find, because at the end of the day knowing that you and those you care about will be financially comfortable and protected in the future can truly be the greatest gift.

Take time this month to sit down with your partner, spouse, or significant other to review your financial picture. Here are four helpful ways to get started this Valentine’s Day:

1. Look more closely at what you are each spending your money on and if you have any sort of nest egg to fall back on in the future. Use this fact sheet to help you keep track of your spending.

2. This is a great opportunity to become aware of your significant other’s employee-sponsored or other retirement plans and assets. Here are some retirement plan basics to keep in mind in this process.

3. See what your insurance needs are for the time being and what they might become in the future. Use our “WISER Woman’s Guide to Insurance” to get you started.

4. Most importantly, every love nest should have an organized file on hand with all of your important financial documents. Our FactSheet, “Financial Documents: What to Keep and Where,” will help your organization and preparation, which make for great gifts that will carry you well into the future.

So do something different this Valentine’s Day and let your loved one know that your love runs deeper than diamonds and roses; It runs all the way into retirement. Now that’s a loving investment. Happy Valentine’s Day!

This entry was posted on Friday, February 11th, 2011 at 8:30 pm and is filed under Budget, Financial Planner, Life Insurance, Money-Minded Gifts, Retirement, Retirement Planning, Savings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.