HerMoney with Jean Chatzky Ep 485: Where Health Meets Wealth: Financial Planning with Dr. Carolyn McClanahan
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Jul 23, 2025 
Dr. Carolyn McClanahan, a physician-turned-certified financial planner, emphasizes the intertwined nature of health and wealth. She discusses the unique financial challenges women face, particularly in caregiving roles. McClanahan advises on long-term care planning and the importance of creating a holistic aging plan. She highlights how mental health affects financial well-being and the need for transparent financial communication in partnerships. Listeners learn that it's never too late to seek comprehensive planning tailored to their health.
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Premarital Financial Planning Advice
- Have open financial conversations before marriage including caretaking roles and career impacts.
- Maximize retirement plans for both spouses to prepare for caregiving and career breaks.
Financial Catch-Up Advice
- It's never too late to improve your financial health; start by understanding your spending.
- Working beyond age 65 at a job you love benefits your finances and mental health.
Financial Transparency for Divorce
- Gain financial transparency early, especially if marriage troubles arise.
- Know your financial needs in advance to protect yourself before divorce or death.
