All of us experience important life events. Sometimes you have time to anticipate and plan for them (weddings, reunions, retirement). Occasionally they happen without warning. Both types — planned and surprise — require you to make decisions. Your financial future is often the focus.
This could be true for anyone, but women especially still often are thrust into unfamiliar territory when dealing with life-changing events like the death of a spouse or the sale of the family home. In those circumstances, you might find yourself with a large amount of money. You have to make decisions about how to make it last. You will be approached by agents or advisors from banks, insurance and real estate companies or financial service providers. They will all offer solutions. You need to educate yourself and decide what is best for you. More