Rebuilding Financial Security After Divorce

Emma

Services Used

Comprehensive Financial Planning and Life Event Planning

Background

Emma is a single professional in her late 30s working as a marketing executive and musician. After recently going through a divorce, Emma realized she needed to re-evaluate her financial situation and make sure she was on track for the future. She’s determined to rebuild her financial security, plan for retirement, and eventually purchase a home on her own. However, Emma is unsure where to start and feels overwhelmed by the number of financial decisions she has to make on her own now.

Propel’s Approach

Propel began by reviewing Emma’s current financial status, including her income, savings, and existing investments. They created a personalized financial plan that outlined clear steps for Emma to take, such as setting up a dedicated savings account for her future home and adjusting her retirement contributions to better align with her new income. Propel also helped her reallocate her investments to reflect her new risk tolerance and financial goals, and they advised her on adjusting her insurance coverage to protect her assets.

Now

Emma feels empowered and in control of her financial future. She checks in with her advisor regularly to discuss any changes in her life or career. With a clear roadmap in place, Emma has already made significant progress toward her goals, including saving for her dream home. She appreciates the personalized support and knowing that her financial decisions are backed by expert advice, giving her the confidence to focus on her career and enjoy her new chapter.