Getting married means starting a new chapter of your lives together. Your aspirations for the future as well as your financial past can bring about new challenges to your relationship.
Before the big day comes, it’s a good idea to start planning your joint finances. Our wealth planners can help reduce the stress of getting married by helping you create a plan that works for you and your partner.
Setting your financial goals
When thinking about your financial future together, it’s important to discuss your situation openly and choose a plan that works for both of you. Whether you are looking to save money to buy a property or invest for retirement, we’ll work with you to assess what you can afford, how you would like to save or invest your money and a realistic timeframe.
You may decide that you would like to ‘join forces’ and create a joint financial plan, or you may wish to keep finances separate and save for individual goals. If you do want to merge your finances, you may have to address more technical issues such as adding and removing names to accounts or loans.
There’s no real right or wrong way to approach finance as a married couple. But we are here to smooth the process and help put together a plan for you.