The third stage in a widow’s financial journey is called the passage or growth stage. In this phase, the widow adjusts to new conditions, designs her new life and explores possibilities. The widow is beginning to find joy in her life again. She is adjusting to her new situation.
The second stage of widowhood, the grieving stage, can last up to a year or even two for some widows, but life continues to go on. Yet tasks she categorized as next tasks (see discussion on the Now, Next, Later Roadmap) cannot wait.
One of the biggest questions on our client’s minds is “when can I retire?” followed by a second question, “do I have enough savings to retire?”.