Gray Divorce and Your Retirement Plans
According to data from the National Center for Health Statistics and the U.S. Census Bureau, adults ages 50 and up, the divorce rate has roughly doubled since the 1990’s. And for those ages 65 and older, the divorce rate has roughly tripled since 1990. Gray divorce potentially endangers retirement for both parties since they may be living on half the income they’d expected to have leaving the individual emotionally and financially drained. Here are some points to remember that apply to all divorces. Read article here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.