Is it uncommon to get a divorce later in life? In short: It is not. It would seem the more people are realizing they need to go their separate ways. Many of these people are older — in their 50s or 60s, for example — does that sound familiar to you? The data on gray...
Keeping your full 401(k) in your divorce
Like most people in Florida, you have likely planned out your retirement envisioning your spouse at your side during those golden years. Your divorce will certainly alter that vision. Yet the impact of your divorce goes well beyond changing the person you will spend...
Planning your post-divorce budget
Even if divorce is the best solution for a couple’s future, both parties will typically experience some emotional and financial turmoil. The prospect of dividing one household into two independent futures can lead to countless sleepless nights, stress over bills and...
How can I save money on my divorce?
Divorce can be very expensive. Many people go into divorce concerned about the expenses associated with child support or alimony. However, the actual legal process of divorce itself can end up costing you tens of thousands of dollars alone. Fortunately, there are some...
Conquering emotional trauma after your divorce
Ending a marital relationship can simultaneously cause relief and emotional unrest. Depending on the circumstances within your marriage and the reason for your divorce, the emotional trauma you endure can cause debilitating side effects. Understanding how to...
How can you protect your assets from a gray divorce?
Instances of gray divorce are on the rise, with people entering their retirement age separating from their long-term spouses more than ever before. The American Association of Retired Persons reports that divorce rates for couples this age have increased greatly, with...
How can I protect my finances before, during, and after divorce?
Even when divorce is in your best interest, it will still have an impact on your life. Along with the emotional effects, divorce can also affect you financially. That is why you must go into the process with a plan in place to protect and preserve your financial...
Facing divorce after retirement: sources of support
Going from two incomes to one after a divorce can be concerning enough, even when the single income is not "fixed." Being past retirement age and living on Social Security benefits may leave someone with next to nothing to live on. There are two likely ways to...
What do you know about navigating gray divorce?
Your marriage lasted several decades, but you and your spouse feel that you should divorce to experience happiness. As you prepare to retire in Florida, you must also prepare for the nuances of gray divorce. Kiplinger explores two essential factors in marital splits...
No-fault divorce: What it is and why it is important
When a marriage breaks down, it most often occurs simply because the couple is no longer compatible. That is to say, neither spouse is necessarily at fault (or both are equally culpable – whichever way you want to think of it). All 50 states now offer no-fault...