Broker Check
Gray divorce, women, and retirement

Gray divorce, women, and retirement

August 21, 2018

What happens if?

It’s been 20 years, and the marriage ends.  I know more than one person who thought it would never happen – divorce.  It’s not in the plan.  How do you start over?  There are more and more gray divorces.

What if you’re over 50?

We all know it.  Women are usually the primary caretakers for children or other relatives.  Women are more likely to sacrifice their career and earnings for the family. The New York Times recently ran an article finding that childcare far more affects the earning potential of women over men. 

Building security

A CERTIFIED FINANCIAL PLANNER™ can help you with your best interests at the center of your financial plan.  Usually women are conservative investors, and after divorce often there are half of assets, plus increased personal living expenses.  Women often feel even more cautious.

Women are usually prudent

Often women follow recommended guidelines for investing.  In fact, women investors usually perform slightly better than men.

Women seek advice…they can trust

Advisors will help you look at the big picture.  Women usually live longer, so extra diligence should be taken to keep the plan on track.

What’s a good plan?

Building income for the long run, and advisors can provide you with tools.  Financial planners can help determine the right investments and explain the important details. 

Most importantly – find an advisor who listens

A good advisor asks what you want to achieve in a financial plan.  A CERTIFIED FINANCIAL PLANNER™ helps plan for your future with you.  The most important plan takes into account your values and comfort.

Let’s discuss your plan, and how we can put it on track!