How to Recover Financially from a Divorce
Jul 27, 2024•12 min•Season 2024Ep. 727
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Episode description
The older you are when you divorce, the less time you have to recover financially. And get this, one quarter of people getting divorced is now over 50! In fact, it's so common, it's been dubbed: grey divorce. In this video, Peter with Richon Planning and Erin Kennedy walk through 5 key action steps to get your financial life back on track. Those steps are:
- Assess Your New Financial Situation
- Revise Estate Plans and Beneficiaries
- Check Your Social Security Benefits
- Use the Catch-Up Rules for Retirement Saving
- Outline Your New Financial Goals
If you'd like to talk through your new financial goals and how to achieve them, please reach out to Peter for a free consultation. You can call him at (919) 300 - 5886 or visit www.RichonPlanning.com
#GreyDivorce #FinancialPlanning #Divorce #Retirement #SocialSecurity
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