Financial-life wellness is the ability to have a healthy financial life. It means your debts are payable and you have ample emergency, college and retirement funds. You’re well prepared to handle any financial crisis. Additionally, financial wellness is also about feeling good about your financial health now and in the future. It means planning (i.e. life, cash flow, education/career, risk/insurance, taxes, investments, retirement, eldercare, estate/gift).
There are unique issues that can make planning for retirement readiness and women and money especially challenging, and even more so in cases of divorce, becoming a widow or just living single.