Financial Planning

5 Financial Considerations of Gray Divorce

5 Financial Considerations of Gray Divorce

I recently read an article stating divorce rates in the United States are declining – except for people over 50. There are many reasons this could be happening. Some may find that the longer they live, there are more opportunities to grow—and grow apart. Or they discover that as the kids grow up and move out, the glue that holds a marriage together disappears. Another thought is that with more women working and becoming financially independent, there may not be a financial need to stay together. But you should be aware that gray divorce – divorce after 50 – can be financially devastating without careful planning. To help out, here are 5 financial considerations of gray divorce.

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Financial Planning for the Single Parent

Financial Planning for the Single Parent

Being the sole income and provider for your family can be stressful. Despite this challenge, financial planning isn‘t impossible for a single parent to do. Let’s consider these five key rules of financial planning as they relate to single parents.

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