“Divorcing? But they’ve been married 30 years!” How often have you heard of couples divorcing after many years of marriage? It’s not as unusual as one might think; you may likely know someone. When nests empty of children and couples are left with each other, they sometimes find that they are not compatible. This can happen before or after retirement, and it can “shake up” financial lives. Will property be sold? Where will each person reside? How will incomes be affected? What about Pensions? Social Security- can someone claim on an ex’s earnings? A financial advisor might help find answers to these and other questions and may be a helpful navigator at a difficult time.
This information is provided for educational purposes only and not as specific advice for any individual.
Seek professional advice before taking any action in regard to your finances.