As life expectancy rises, so do the percentage of divorces later in life. Termed gray or silver divorces, these breakups are often exacerbated by the various transitions that come later in life: empty nests, aging parents, career changes and retirement.
Divorce can be a very costly venture, especially during these times of change, as couples begin to split accounts or incomes into multiple homes, etc.
In a recent article on the Advisor Magazine website, our CEO Christopher Van Slyke touched on the fog of emotions that come with a divorce and how difficult it is to make important financial decisions at that point. Read more about how he recommends making specific decisions well in advance here.
Other articles filed under Your Financial Advisor
October 30, 2020 - By Allison Blake Many financial advisors have their reasons for going solo. They want to maintain control of client relationships, be their own boss, and increase their earning potential. But somewhere along the way, the excitement wears off. Things get...
June 2, 2020 - As life expectancy rises, so do the percentage of divorces later in life. Termed gray or silver divorces, these breakups are often exacerbated by the various transitions that come later in life: empty nests, aging parents, career changes and retirement. ...
November 13, 2019 - We’ve spent a lot of time cultivating a deliberate culture at WorthPointe — going through several iterations to get to where we are today. All the effort we put into the process was well worth it, as we truly believe...
October 29, 2019 - How do you know if you need a lawyer? If you needed a lawyer tomorrow, would you know who to call? What do lawyers mean for your financial future? In this episode of “The John Chapman Show,” Brooks DePyster, a...
October 8, 2019 - Many people put their noses to the grindstone for years and years, working hard, saving, and investing with the goal of ultimately having $1 million. While that might seem like a perfectly admirable goal, to me it seems a bit...
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