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E.g., 10/15/2021
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  | Financial Decisions

Financial planning when starting a family

Planning for significant life transitions is central to financial planning. As recent first-time parents, we can say with confidence that there may be no greater transition in life than starting a family.
A note from Voya: Due to the fear of stereotypes and social stigmas, many caregivers remain silent on the issues they face, with only 56% speaking to their supervisor about their responsibilities.¹ We recently conducted a study to dive deeper into the challenges and concerns of America’s silent workforce and, as the article below highlights, how many caregivers – especially millennials – are feeling unsupported in the workplace. Learn more about what employers can do to help.
The differences between men and women go way beyond the physical - even after passing. Because women typically outlive their counterparts, it is even more crucial for them to educate themselves about estate planning.
Estate planning is an extremely personal process, not a one-size-fits-all endeavor. When an individual has no close relatives (other than perhaps a spouse), the decisions required to prepare an estate plan can sometimes feel overwhelming.

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