5 Mistakes to Avoid When Divorcing Over 50

1. Not retiring with your fair share

Insider Monkey Score: 22

Getting through the divorce proceedings as quickly as possible may seem wise, but retiring without your fair share is not. For this reason, it is important to secure your retirement assets or risk leading a financially difficult life during your retirement years. Moreover, without having your fair share of retirement funds, you will also have difficulty covering your living expenses, healthcare, and other expenses. As a result, you will eventually have to delay your retirement, lead a lower quality of life, or even worse, become financially dependent on others.

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