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.
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THE GAY RETIREMENT GUI FOR FABULO LGBTQ FANCIAL PLANNG
Fancial planng for the Lbian, Gay, Bisexual, and Transgenr muni. LGBT Fancial tak a thorough approach to planng for your suatn. * financial advisor gay friendly *
David Rae, print and founr of DMR Wealth Management, is a gay fancial advisor loted Los Angel who is a CFP and an accreded vtment fiduciary (AIF). Rae says, “I know I have many nversatns wh my gay clients that they would never have had wh a straight advisor.
The myth of gay wealth. Acrdg to Rae, “If you have an amazg fancial advisor who is straight but gay-iendly, that is fabulo. The pot is to fd someone to help you reach your fancial goals as quickly and easily as possible.” And yet, he also advis, “If I was startg a search [for a] fancial advisor om scratch, I would ask my iends, or at least start the Google search wh ‘gay fancial advisor’ or ‘lbian fancial advisor.’ Bottom le: I do like to support LGBTQ+ bs owners and bs.”.
Fancial planng for the Lbian, Gay, Bisexual, and Transgenr muni. LGBT Fancial tak a thorough approach to planng for your suatn. * financial advisor gay friendly *
In your search for an advisor, Rae says to “check out the XY Planng work, [where] you n search for advisors by genr or inty foc.” Another source is the Gay Lbian Directory, which offers a list of more than 5,000 LGBTQ+-supportive bs. This is pecially relevant if you live a part of the untry that is more homophobic than average.
Rae warns, “The more homophobic the area you are livg , the more important is to seek out a gay-iendly or LGBTQ+ fancial advisor. If you live a state that don’t want people to even say ‘gay,’ well, your odds likely go up of someone not beg willg to help you once they fd out you are gay.” He also pots out that homophobia n rear s ugly head anywhere, so be vigilant. “You are ls likely to have an issue wh homophobia Manhattan, Wt Hollywood, or the Castro, but n happen.”.
Acrdg to an analysis by the Human Rights Campaign Foundatn, gay men earn about 69 cents on the dollar to their straight peers and lbian women earn about 89 cents on the dollar to their straight peers.