Episode 253: Financial Planning for Childless Couples with Bri Conn

A lot of financial advice assumes you're building wealth to pass on to your kids. But what if that's not your path? About 25% of Americans are childless by choice or circumstance, and the financial system largely wasn't built for them. That's why in this episode of the podcast I talk with Certified Financial Planner Bri Conn about what the financial landscape actually looks like for childless couples, and why it requires a different approach. In this episode you will learn: Why traditional financial planning falls short for childless couples and how to fix it What the financial landscape actually look like for childless couples What FILE (Financial Independence, Live Early) is and how it differs from FIRE (Financial Independence, Retire Early) Why estate planning for childless individuals goes beyond a will, and what a Care Plan covers The most common mistakes/missed opportunities childless couples walk away with In speaking to a financial planner.