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Posts tagged "retirement accounts"

Divorce and retirement planning challenges

Colorado residents are more likely to divorce at older ages than they ever did before. Seeing that women are more financially independent than in the past, this trend should not be surprising. (But even with this new independence, women still on average have $34,000 less following a divorce in retirement savings then do men.)

Rate of divorce among older Americans is rising

There has been a nationwide increase in the trend of gray divorces, so-named because the participants in these divorces are over the age of 50. Whether because of changing social mores, financial pressure or other reasons, the 50-and-over crowd is one of the fastest-growing segments of the population seeking divorce.

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