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Financial Planning for LGBTQ+ Community

<strong>LGBTQ Financial Planning is Specialized</strong>

LGBTQ Financial Planning is Specialized

We are dedicated to helping same-sex couples develop a plan that provides for each other and their families both now, into retirement and beyond. We help solve the problems that come from being underrepresented in the marketplace. We are allies and advocates, in more ways than one. Together we can solve the complex issues that mainly affect LGBTQ+ people and their financial lives.

Carrie Waters Schmidt has been published several times in Our Lives discussing issues such as Long Term Care Insurance for women in same-sex relationships, optimizing Social Security for married couples, and simple financial fixes for domestic partners and unmarried couples. She has been focused on working with LGBTQ+ couples and individuals since 2010 when she built her Master's Thesis on the unique needs and planning differences at the time. Since then Marriage equality has been ratified and there is no longer an overwhelming difference in planning, though there are still unique issues to address.

Successful case studies include

• Widow of 1yr marriage wants to increase her social security benefits by electing her spouse’s benefits over hers.

• Guarantee income that cannot be outlived by either partner, in both married and unmarried relationships.

• Analyze the financial repercussions of getting married (or staying unmarried).

CRN-3065331-042920

Read Carrie's articles and blog postings by clicking the links below

Are you being Underpaid by Social Security?

Are you being Underpaid by Social Security?

In Carrie's July 13, 2020 blog post she warns of how a recent audit report showed more than 15,000 widows and widowers were being underpaid by Social Security. The Social Security Administration is supposed to review all cases annually but obviously some slip through the cracks. What's more is, this could apply to divorcees as well, depending on how long your marriage was and whether or not you remarried.

Read the blog post here
The SECURE Act and Unwed Couples

The SECURE Act and Unwed Couples

In Carrie's blog post from February 25, 2020 she explores the ramifications of the newly passed SECURE Act for unmarried couples.

Read the blog post here
&#160;HOW TO INVEST IN LGBTQ+-FRIENDLY COMPANIES

 HOW TO INVEST IN LGBTQ+-FRIENDLY COMPANIES

Learn how you can screen your investments to ensure you’re only investing in companies that align with your core-being, and why you might want to do that (financially-speaking).

READ THE BLOG POST HERE
Are You Passively Funding Hate Crimes?

Are You Passively Funding Hate Crimes?

In Our Lives Magazine's August 2016 issue Carrie was interviewed by Abigail Churchill, JD, regarding how investments can be passively funding firearms and therefore endorsing hate crimes. Read more on pages 58 - 60 in the article titled Are You Passively Funding Firearms?

Read the article here
Social Security Rules for Married Couples

Social Security Rules for Married Couples

Our Lives Magazine's April 2014 issue features Carrie's article titled Social Security Rules for Married Couples on pages 42-43.

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Read the article here
Long Term Care Risks for Same-Sex Couples

Long Term Care Risks for Same-Sex Couples

Our Lives Magazine's February 2014 issue features Carrie's article titled In It for the Long Haul can be found on page 46.

Read the article here

Read more interesting articles

<p>How to Invest in LGBTQ+ Friendly Companies</p>

How to Invest in LGBTQ+ Friendly Companies

This article allows those who support LGBTQ+ interests to explore the possibilities of Socially Responsible Investing.
Learn More
<p>How Women Can Prepare For Retirement</p>

How Women Can Prepare For Retirement

Are women prepared for a 20-year retirement?
Learn More