Divorce is never easy. But divorce after 50? That's a completely different animal.

We're talking about decades of accumulated assets, retirement accounts, Social Security decisions, healthcare coverage, and tax consequences that can follow you for the rest of your life — and one wrong move can cost you far more than just the marriage.

In this episode, we're breaking down the real financial damage of what's called "Gray Divorce"; the mistakes I see people make in practice, and exactly what you need to do to protect yourself.

 

More specifically, I discuss:

• Gray Divorce Study – What Divorcees are saying about retirement and finances post-divorce
• The difference between divorce after 50 versus divorce in your 30s and 40s
• The differing realities of men vs. women post-divorce
• Mistakes during and after the divorce process regarding retirement savings
• Social Security and healthcare decisions post-divorce
• Making key financial decisions under pressure and common regrets

 

Key moments:

(03:04) Uncertainty in Retirement Planning for Divorcees

(06:38) Retirement Savings Mistakes

(11:11) Financial Blind Spots and Costly Decisions in Divorce

(14:27) Social Security Claiming Risks Post-Divorce

(21:11) Health Insurance Decisions Post-Divorce

(24:40) Seeking Professional Financial Guidance During & After Divorce

 

Resources From The Episode:

• Retired-ish Newsletter Sign-Up
• Get Show Notes Here