Fancial planng for the Lbian, Gay, Bisexual, and Transgenr muni. LGBT Fancial tak a thorough approach to planng for your suatn.
Contents:
- THE GAY RETIREMENT GUI FOR FABULO LGBTQ FANCIAL PLANNG
- HOW TO GET THE BT GAY FANCIAL PLANNG ADVICE
- 8 TAX-SAVG MOV FOR HIGH-EARNG GAY COUPL
- JOHN GAY, CFP®
- 3 THGS LGBTQ+ FAI NEED TO DO DIFFERENTLY WH THEIR MONEY, ACRDG TO A GAY FANCIAL PLANNER
THE GAY RETIREMENT GUI FOR FABULO LGBTQ FANCIAL PLANNG
As a gay man, the fancial lsons and bt practic that I was tght om a young age haven’t always applied to my life. And as I look back, there have been moments where I had to figure out my path forward when I uld have benefed om a gui, mentor, or advisor. Today, I * homosexual financial planning *
As a gay man, the fancial lsons and bt practic that I was tght om a young age haven’t always applied to my life.
For gay upl, the three ma optns are fertily treatments, adoptn, and surrogacy, and each of the n st up to $20, 000, $50, 000, and $200, 000, rpectively. So, while many young upl may e their first $50, 000 saved for a down payment on a home, gay upl may need this money to be put toward startg a fay — and then e up wh the down payment for a hoe after that. Wh this urban liftyle a higher st of livg for many gay people: rent, hom, tax, food, and stapl all st more the cy than the suburbs.
HOW TO GET THE BT GAY FANCIAL PLANNG ADVICE
More than 3 ln LGBT Amerins are currently over age 50, is time for the gay muny to get ser abour Retirement planng. Here is your Gay Retirement Gui. * homosexual financial planning *
As a rult, the st of livg for the average gay uple may be higher than for other upl, and even small monthly sh flow differenc n pound substantially over a lifetime.
Last but not least, is the topic of tate planng when gay or transgenr loved on are the picture.
This topic is important for many people, cludg those outsi of the LGBTQ+ muny but have gay or trans fay members. For many gay people, n feel like the world wasn’t always built for them, and I know first-hand that the topics n be challengg to navigate alone.
8 TAX-SAVG MOV FOR HIGH-EARNG GAY COUPL
How to get the bt LGBT fancial planng advice. If you are lucky enough to be part of the LGBTQ+ muny, a Gay Fancial Planner jt might be the bt for your fancial future. What steps you should make to show pri your gay personal fance choic. * homosexual financial planning *
Start planng today for the bt gay... For many gays, lbians, bisexuals, transgenr, and queers, the stereotypil ia of retirement appears to not be that appealg. Gay upl are not takg up golf and spendg time wh the grandkids at the same pace as their heterosexual unterpart.
In fact, I am wrg this post om Palm Sprgs, which appears to attract a bevy of gays and lbians livg their bt liv! Homophobia n hurt the qualy of your retirement, whether your worth is tens of lns of dollars or close to zero. LGBT Amerins Earn Ls and Are Behd When It Com to Savg for A Gay Retirement.
There are nflictg reports on what I ll the "Gay Pay Gap. " Acrdg to the US Department of the Treasury, on average, gay married upl earn more than lbian upl who earn more than oppose-sex upl.
JOHN GAY, CFP®
* homosexual financial planning *
Upon further diggg, appears that lbian or gay upl were jt more likely to be a dual-e hoehold.
3 THGS LGBTQ+ FAI NEED TO DO DIFFERENTLY WH THEIR MONEY, ACRDG TO A GAY FANCIAL PLANNER
Fancial Freedom Is a Top Prry for Gay Hoeholds As a gay fancial planner, I have seen the difference fay dynamics between my hetero clients and LGBTQ clients. New rearch shows the Gay muny is buildg wealth fast. * homosexual financial planning *
How Can LGBT Amerins Addrs the Gay Retirement Gap? I unt myself extremely fortunate that at 22 years old, a gay mentor sat down wh me and helped me open my first Roth IRA.
As a gay fancial planner who works wh many same-sex upl across the Uned Stat, I n say om experience that many people have no ia how to pay ls tax. Here are the 8 mov gay upl wh big need to make right now. * homosexual financial planning *
Your gay retirement date will be here before you know . MORE FROM FORBESGay Fancial Advisor Shar 6 Ways To Take Pri In Your FancBy David RaeLGBT Amerins Are Rponsible for Carg for Other Fay Members.