Does Divorce Derail Retirement?
The short answer to this question is “yes” — divorce usually has a substantial impact on most couples’ retirement plans. Additionally, the longer you’ve been married, and the closer you are to retiring, the more your plans could seriously veer off course.
Obviously, most couples don’t plan to get divorced, but the unfortunate reality is that many American marriages end that way — especially those between spouses who are approaching retirement age. In fact, the divorce rate for couples over age 50 has actually doubled since 1990.1 So while it’s an uncomfortable topic for many people to ponder… Read the Full Article by Christina Gann Munguia at OneBiteBlog.