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
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