Financial Planning for Your Dual Career Family

Having two incomes often means more than twice the complexity of a single income family. From budgeting to optimizing benefits, both working partners must be fully aligned to achieve financial success. 

At Mercer Advisors, we understand that a solid foundation lies in setting clear goals and crafting a clear and actionable plan to achieve them. Dual career families often have a higher degree of both professional and family stress. The plans that we help you create provide important financial confidence and lets you focus on what’s most important to you and your family.

The United States is a Nation of Dual-Income Working Couples

Over the last 50 years, the composition of earners in a family has changed dramatically:

  • Dual-income families have increased by more than 20% 
  • Husband as the only earner has decreased by more than 50%
  • Wife as the only earner has increased by 370%

Source: US Bureau of Labor Statistics, Current Population Survey, Annual Social and Economic Supplements 1968 – 2021

Creating a Goal Strategy for Dual Income Families and Tracking Success

Navigating the intricacies of a dual career family requires a meticulous approach that combines your family goals with your professional ones. Our approach involves a 4-step plan that starts with goal planning and ends with success tracking. We also know that things change and evolve, so we make sure to evolve our plan to help meet your dynamic life. 

Ready to make a strategic plan for your family?