As financial advisors, we love talking with clients about the exciting parts of life. Reaching retirement goals, planning a dream trip, or saving for a child’s future are the kinds of conversations that bring energy and optimism to our work.

But sometimes life throws something unexpected our way. A diagnosis like breast cancer, MS or dementia, for example, can change everything in an instant. It affects not just your health, but also your family, your income, and your financial plans. In those moments, even the most organized person can feel uncertain about what to do next.

This is when having a financial plan, and a trusted advisor by your side, really matters.

Understanding the Financial Ripple Effects

A serious illness often comes with more than medical decisions. There are questions about income if you need time off work, expenses that rise due to treatment or care, and insurance details that suddenly feel very complicated.

For someone with cancer, for example, this might mean several months of reduced work hours or time away from a business. For someone living with dementia, the focus might shift to long-term care, housing, and how to protect family assets. Every situation is different, but all of them benefit from having a financial strategy that can adjust to new realities.

How a Financial Planner Can Help

During a health crisis, it’s easy to feel like you must make every decision alone. A financial planner can help organize and simplify things, so you can focus on your health and family.

Here are a few ways financial planners can help:

Managing short-term needs. We can help you understand what money is available now and how to use it wisely so essential bills and medical costs are covered.

Reviewing insurance and benefits. We help to ensure you’re getting the most from health, disability, and long-term care coverage, and that you understand what’s available through your employer or government programs.

Updating your investment or savings plan. Your goals and timeframes may shift, and your plan should evolve with you.

Coordinating with other professionals. We often work closely with estate planners, attorneys, and accountants so that your financial and legal plans stay connected.

Supporting your family or caregivers. Having one clear point of contact can help everyone stay informed and reduce the stress of managing finances during a difficult time.

Moving Forward and Rebuilding

When treatment ends or a new routine begins, financial conversations naturally shift toward recovery and rebuilding. That might mean updating your goals, restoring savings, or simply adjusting to a new pace of life. It’s about taking the next steps with intention and support.

At Moneco, we’re always happy to celebrate the good news and the exciting goals our clients strive for and reach. But we’re also here when surprises happen. Life can change quickly, and that’s exactly why a strong financial plan is so important. It gives you structure, clarity, and confidence, even when the path ahead looks uncertain.

Having a financial partner who understands your full picture can make those difficult seasons a little easier to navigate. Together, planners can help you stay focused on what matters most—your health, your loved ones, and your future.

Important Disclosures

Content in this material is for educational and general information only and not intended to provide specific advice or recommendations for any individual. Moneco Advisors is a registered investment adviser. This is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Moneco Advisors and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Moneco Advisors unless a client service agreement is in place. This commentary reflects the personal opinions, viewpoints and analyses of the Moneco Advisors employees providing such comments and should not be regarded as a description of advisory services provided by Moneco Advisors or performance returns of any Moneco Advisors client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Moneco Advisors manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in this presentation.