Most people’s livelihoods – from taking care of immediate expenses to future plans such as saving for retirement – rely on their ability to work and earn an income.
“Two topics not often addressed are essential to better understand the dynamics of gray divorce and break-up of long-term relationships. These topics are financial infidelity and lack of synchronicity in retirement planning. Being on the cusp of retirement and facing divorce, financial reality is exposed… ”
Lili Vasileff, CFP®, MAFF™, CDFA™ writing this month’s lead story on the impact of ‘gray divorce’ on mature retirement plans.