Jay Zigmont, PhD, MBA, CFP® | Source | Childfree Wealth
Jay Zigmont, PhD, MBA, CFP®
Jay Zigmont, PhD, MBA, CFP® is the Founder and CEO of Childfree Wealth®, a life and financial planning firm dedicated to helping Childfree and Permanently Childless people. Childfree Wealth® is the first (and currently the only) life and financial planning firm dedicated to serving Childfree people.
Dr. Jay is a CERTIFIED FINANCIAL PLANNER™, Childfree Wealth Specialist®, and author of the book “Portraits of Childfree Wealth.” Dr Jay is the co-host of the Childfree Wealth podcast. His Ph.D. is in Adult Learning from the University of Connecticut.
He has been featured in Fortune, Forbes, MarketWatch, Wall Street Journal, New York Times, Business Insider, CNBC, and many other publications. In 2023, he was named a “Rising Star” by Financial Planning.
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Millennials are richer but don't feel it
The generation has a disconnect between being wealthy on paper and feeling financially free
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Planning for Aging: Financial Strategies for Childfree Individuals
Dr. Jay emphasizes the importance of planning for long-term care by mid-40s, noting, "Your parents' planning may impact your financial plan." He advises securing insurance early and appointing decision-makers through POAs. With rising costs, especially for single women, proactive planning is crucial. For more, visit Childfree Wealth's resources. -
Understanding Medicare vs. Medicaid: Key Differences and Eligibility
Dr. Jay explains, “Medicare serves those over 65 or disabled for over two years, while Medicaid aids low-income individuals.” Both can be accessed simultaneously if eligible. Medicare lacks long-term care coverage, unlike Medicaid. Zigmont advises planning for long-term care, as Medicare doesn't cover it, and consulting hospital financial aid for assistance. -
Mortgage Rates Unlikely to Drop to 3% Soon, Says Financial Expert
Dr. Jay advises that while a return to 3% mortgage rates is possible, it's unlikely soon. "Historically, rates in the 7% range are typical." He suggests refinancing if rates drop by 0.5-1%. Currently, renting may be a better option due to high house prices and mortgage rates.
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