All of the above are life transition events.
By definition, this means none of them are permanent. Each begins with an ending of a marriage, a financial state, a career, or even a life. Each ends with a new normal. Somewhere in between is what we call passage; the transition from what was to what will be.
Sudden change in your financial situation can be a life-altering event. Some of these events are planned for, such as retirement, the sale of a business or an anticipated inheritance. Other types of events many come out of the blue – like winning the lottery, divorce or the death of a spouse. These life transition events vary widely, some joyous and others very sad. No matter the reason or the event, you now face a major change in your life. Successfully managing financial transitions is more challenging than you may realize. It's not just a matter of managing the financial situation - it's managing the change.
Though there’s certainly nothing new about life transition events, what is new is our depth of understanding of what happens to us during these times.