Can there be too much pertinent information for divorcees? Well it’s not the quantity but the quality that’s important. At Loyalty Alliance we look at the individual’s circumstances to allow her to meet her goals. If you have any questions or concerns, contact us!
A study by Boston College Center for Retirement Research has found that divorced women are more financially prepared for retirement than their single, never-married counterparts because they are more likely to secure their marital home after the separation, according to this article from Money. However, fighting for the house may not be a wise move for all divorced women, as they may not have the resources to cover mortgage payments, property taxes and other housing costs. “I’m a bit concerned that it will encourage more of them to fight for the house when they shouldn’t, when it’s the wrong financial move,” says a financial advisor.”