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For women and their finances, a man is not a plan

 

Last updated 1/17/2019 at 8:06pm



MINNEAPOLIS – In generations past, many women thought they didn’t need a financial plan. They relied on their husbands to handle that responsibility.

But from a financial planning perspective, it was a bad idea – both then and now. As a demographic, women have always outlived men so they were destined to manage their finances at some point in their lives, such as when they got out of school, before they got married, after a divorce, after their spouse died or a combination of these situations.

“A man is not a plan,” Kathy Longo, a financial professional and author of “Flouris...



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