The Confident Retirement

Ep 118: Taking Financial Control After a Divorce


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“The information I am providing is my opinion and not necessarily that of my firm or this platform. I am only providing general educational information and not any customized investment recommendations. You should consult with your Financial Advisor, Tax Advisor or Attorney on your specific situation. Nothing shall be construed as Financial, Tax or legal advice or recommendations”

 

On today’s episode of The Confident Retirement podcast, financial expert Kris Flammang shares his comprehensive approach to financial recovery and empowerment post-divorce. Flammang's method centers on resilience, adaptation, and aligning financial decisions with personal values. He begins by addressing emotional scars and detrimental financial habits that may linger from the marriage, helping individuals recognize and change these patterns to enable personal growth and financial control. Flammang believes that regaining control over finances can provide stability and purpose during a challenging time, achieved by setting both short and long-term financial goals tailored to individual needs and interests.

Moreover, Flammang underscores the importance of discovering personal values during this process, ensuring that financial decisions align with one's priorities and aspirations. To bolster financial literacy, he tailors his guidance to accommodate varying levels of interest and comprehension. Recognizing that tradeoffs are unavoidable in financial recovery, Flammang encourages individuals to make decisions based on their personal values, which can help maintain motivation and commitment to their financial goals. Lastly, he highlights the significance of updating estate documents post-divorce to accurately reflect individuals' wishes and ensure the proper distribution of assets to future generations. In essence, Kris Flammang's holistic approach equips individuals with the tools and mindset needed to regain control over their finances, fostering confidence and independence as they embark on the next phase of their lives.

 

Join Kris Flammang on this episode of The Confident Retirement podcast as he shares his insights and strategies for financial recovery and empowerment post-divorce.

 

Here is what to expect on this week’s show:

•  Addressing emotional and financial scars

•  Regaining financial control

•  Values-driven approach

•  Financial literacy

•  Tradeoffs and estate planning

 

Connect with Kris Flammang:

https://www.lpfadvisors.com/team/kristopher-flammang

 

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The Confident RetirementBy Kris Flammang and Mark Picchi

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