A man can expect his standard of living to decline by 21% after a gray divorce, generally defined as a marital split after ...
Key Takeaways Divorce reshapes your financial life, but revisiting your budget, debt, and savings plans early can help prevent long-term damage to your retirement security.Understanding how assets are ...
Learn how to safeguard your retirement assets during divorce by understanding asset division rules and pension payouts. Plan ahead to protect your financial future.
Divorce has become common in modern America; there around 672,000 in 2024 and 2 million weddings according to the CDC. But when couples split it can still be a shock, more so if they are older couples ...
Divorce during your retirement years, often called gray divorce, can complicate your retirement plan. Retirement assets may need to be divided, and alimony could be granted after a long-term marriage ...
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Gray divorce is on the rise. Here’s what it does to retirees’ finances.
“Those going through ‘gray divorce’ don’t have the time to rebuild retirement savings on their own,” says Kelly LaVigne, vice ...
A divorce can be financially and emotionally challenging, especially if it unfolds after many years together or in retirement. But, sometimes a divorce is necessary for a person’s health and happiness ...
Estate planners and attorneys see a growing trend of ‘gray divorce’ affecting couples in their pre-retirement years, though the challenges of divorce impact workers of all ages. The rise of “gray ...
It is well known that finance troubles frequently lead to divorce, but less discussed is just how much financial trouble divorce can create. For one, it can wreak havoc on your retirement savings and ...
Divorce does not automatically change who will inherit your 401k. Make sure you know the rules and update your plans.
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