
5 Mistakes Couples Make When Planning for Retirement – AARP
Steps you can take to avoid disagreements over spending and much more
5 Mistakes Couples Make When Planning for Retirement – AARP
Steps you can take to avoid disagreements over spending and much more
Avoid these mistakes when divvying up assets in a divorce
ADVISOR INSIGHT PUBLISHED THU, DEC 10 2020 8:00 AM ESTSarah O’Brien@SARAHTGOBRIEN KEY POINTS Even if two assets appear to have the same value, taxes can
Might as Well Use This Time to Get a Divorce
MY TWO CENTS MAY 15, 2020‘Might as Well Use This Time to Get a Divorce’By Charlotte Cowles My friend Anna has been waiting for
How to survive going from dual-income to a single-income
Lindsay Mott | April 10, 2020
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Forced to downsize to a single income after a major pay cut? Here are five things to do to re-establish financial security in your household.
7 Reasons Spouses, Partners Lie About Money
Ten years have passed, and Lisa*, now 60, still asks herself, Why didn’t I see it coming? At the time, she and her husband, Andrew, were living well: a spacious home in a Chicago suburb, overseas travel, a kid in private school.
How happy couples handle money
Divorce isn’t the happiest way to start the new year, but January is a common time for couples to split: It’s unofficially been dubbed “Divorce Month” in the legal community because of an uptick in divorce filings following the holidays, according to a 2016 study from the University of Washington.
Avoid accidentally disinheriting your kids after you remarry
The rate of remarriage has dropped over time for all age groups except the 55-and-older crowd: 57% in 2013 vs. 42% in 1960. For those who remarry and want to make sure certain assets get passed on to kids from a previous marriage, the solution is estate planning.
Divorce Rates: Lower overall, higher for older couples
Sept. 7, 2019
Unbelievable! Divorce rates are down 40% from 1992 when there were 4.8 divorces for every 1,000 Americans. By 2017, that rate was only 2.9. However, divorce rates for older Americans have skyrocketed.
Divorce: How to stay financially secure when you\’re splitting up
Getting divorced is an emotional roller-coaster. It also can be a real threat to your personal finances.
If you don’t approach your settlement with a clear head and an accurate accounting of your finances, you may find that you can’t afford your new life alone or, just as bad, you could jeopardize the retirement you’re envisioning for yourself in the future.
For those splitting up in their later years or for spouses who worked at home for most of their lives, the financial ramifications can be even worse.