10/19/2014 – Divorce after 50: It’s complicated, especially if retirement is near (CNBC)

Oct 20, 2014 Comments Off by

Divorce rates for most age groups have leveled off, but for people age 50 and older, it’s higher than ever.

Today 1 in 4 divorces is a couple over 50 untying the knot—about double what it was 20 years ago, according to the National Center for Family and Marriage at Bowling Green State University. At 50-plus, there are more assets and possibly more debt, more retirement accounts and more estate-planning issues. What isn’t there is a lot of time. Older divorcees may not have a chance to course-correct for bad retirement-planning decisions.

Read the full article at CNBC.

Financial Landing 2014

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