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Women, Divorce and Money

Women, Divorce and Money

| April 23, 2022
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Did you know the highest rate of divorce is actually among the baby boomer generation? Back in 1990, less than 1/10 of people who got divorced were over 50 years old. Today, that number is 1/4. So, with the rate of divorce going up, what better time than now to discuss our top tips for managing your finances during and after a divorce?

Listen in as I share the financial impact a divorce can have, as well as how to properly protect your credit card accounts. You will learn why you shouldn't trade your retirement assets for ownership of a home, how to ensure your benefits are adjusted to fit your divorce and how to create a plan based on your income and expenses. Educate yourself now to help safeguard yourself and your future.


Listen To The Episode Here:

What You’ll Learn:

  • Top 10 tips to manage your finances through a divorce.

  • The importance of knowing the financial impact of a divorce.

  • Why you should watch and protect your credit cards.

  • How to avoid loss of retirement funds.

  • Why reviewing last year's tax returns is key.

  • Why you should review your life insurance policy.

Ideas Worth Sharing:

“Divorce is expensive, so you want to minimize your mistakes.” - Regina McCann Hess

“Not all assets are created equally.” - Regina McCann Hess

“It always comes down to taxes.”  - Regina McCann Hess

Resources:

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