Posts Tagged ‘finance’
Social Security Considerations After Divorce
According to the Social Security Administration (SSA), 96% of American workers are covered under Social Security. If you’re one of the many who are eligible to collect Social Security benefits in retirement, it’s important to understand how the system works. If you’ve been married, spousal benefits can be a significant component of Social Security. Even…
Read MoreHow Much Does a Divorce Cost on Average in 2019?
Divorce is never easy, and whether you have a lawyer or not, your finances may take a hit. So, just how much does a divorce cost? Deciding to end a marriage is never easy or simple, but one of the major considerations beyond the emotional and societal relationship’s ending is the cost. In some cases,…
Read MoreWhy Women Should Rethink Their Finances after Divorce
Your budget is likely to take a big hit when your marriage ends. Getting a divorce stands to be as budget-breaking as it is heart-wrenching, especially for women. “The dynamic is changing a little as more women are staying in the workforce and continuing and accelerating their careers, but typically, divorce hits women harder than men,”…
Read More10 Ways to Prevent a Divorce from Ruining Your Finances
Here’s how to protect your money when your marriage is falling apart. Brad Pitt and Angelina Jolie aren’t the only people getting a divorce. Plenty of Americans go through the process each year of dissolving their marriages, splitting their assets and making custodial arrangements for their children. While every divorce situation is unique, separating spouses should…
Read MoreFinancial Steps to Take Before a Divorce
Wise moves to make before things are finalized. Before your divorce goes through, it will be wise to check up on financial matters. It will be better to assess the state of your financial life before the split rather than after. You need to know where you stand financially; beyond your salary and bank accounts. …
Read MoreThe Rise of Gray Divorce: Why and Why Not?
Al and Tipper Gore could be the poster children for one reason why divorce for those 50 and up is on the rise. There are many other factors at play, and several financial considerations to keep in mind, too. Till death do us part? Not so much. In the past 25 years, the divorce rate…
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