A Match Made in Heaven: You, Your Valentine and Financial Planning - Adviser Investments

A Match Made in Heaven: You, Your Valentine and Financial Planning

February 12, 2020

Valentine’s Day is more than a chance to celebrate your significant other in words, flowers and gifts. It’s also a fine time to prove your love with action through, yes, financial planning.

While you may or may not find investing and financial planning particularly romantic, we think they set the perfect stage for providing stability and a legacy that will allow your love to blossom for many years to come.

Creating financial security is a powerful and lasting way to say, “I love you!”

Here are five gestures from small to grand you can make alongside your professions of affection this February 14:

  1. Check Beneficiary Statuses. It might not be pleasant to think about, but what could be a better expression of love than making sure those you care about are taken care of after you’re gone? Reviewing who is listed as a beneficiary on your investment and retirement savings accounts every year is a smart move, and Valentine’s Day is as good a reminder as any to keep beneficiary designations up-to-date.
  2. Review Insurance Policies. Likewise, of particular importance, especially if you’re a parent, is having proper insurance coverage in the event that calamity strikes. For more from our team on insurance of all types, listen to The Adviser You Can Talk To Podcast episode that covers common insurance needs for people of all ages.
  3. Budgeting for a Romantic Getaway. When was the last time you took a vacation together, just the two of you? It’s still early enough in the year to fit a special trip into your annual budget. Our Budget Worksheet can help you figure out how to pay for that special getaway.
  4. Buying a Vacation House. A romantic trip to the beach, lake or ski resort leads many vacationers to ponder what it would take to turn their favorite destination into a permanent family retreat. A second home may not be for everyone, so click here to learn more about the important factors that go into determining if a vacation home is right for you.
  5. Should You Invest in Gold? You may have heard that gold is a good inflation hedge. Well, gold sold for $875 an ounce just over 30 years ago, and is now selling for around $1,500 an ounce—about 50% less than if it had kept up with inflation over that time. In our view, the best investment you can make in gold is to hang some around the neck of someone you love.

If any of these ideas spark your romantic muse and you would like advice on putting them into action, please don’t hesitate to contact us. After all, creating financial security is a powerful and lasting way to say, “I love you!” that can be savored far longer than a box of chocolates.


This material is distributed for informational purposes only. The investment ideas and opinions contained herein should not be viewed as recommendations or personal investment advice or considered an offer to buy or sell specific securities. Data and statistics contained in this report are obtained from what we believe to be reliable sources; however, their accuracy, completeness or reliability cannot be guaranteed.

Our statements and opinions are subject to change without notice and should be considered only as part of a diversified portfolio. You may request a free copy of the firm’s Form ADV Part 2, which describes, among other items, risk factors, strategies, affiliations, services offered and fees charged.

Past performance is not an indication of future returns. Tax, legal and insurance information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice, or as advice on whether to buy or surrender any insurance products. Personalized tax advice and tax return preparation is available through a separate, written engagement agreement with Adviser Investments Tax Solutions. We do not provide legal advice, nor sell insurance products. Always consult a licensed attorney, tax professional, or licensed insurance professional regarding your specific legal or tax situation, or insurance needs.

Companies mentioned in this article are not necessarily held in client portfolios and our references to them should not be viewed as a recommendation to buy, sell or hold any of them.

© 2020 Adviser Investments, LLC. All Rights Reserved.

85 Wells Avenue, Suite 109 Newton, MA, 02459

info@adviserinvestments.com 1.800.492.6868

Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.