Not only a women's issue, but primarily. The statistics are pretty scary: Divorce is Destroying Retirement. btw, I kind of disagree with the advice on splitting assets. Remember - even if you are a doctor with a solid marriage, this can happen to your parents and can be especially devastating to female Baby Boomers. ...at which point, you financial help may be necessary.
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The secret retirement threat
Our passion is protecting clients and others from predatory and ignorant advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087Tags: None
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Divorce can certainly derail retirement plans. Very hard on children as well. If things aren't going well at home, work on your marriage!
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I think she’s talking about the effect it could have on us with a parent getting divorced and then needing financial help. My parents were divorced when I was in college. Neither is necessarily living the life of luxury but should be in good enough shape to sustain themselves. My wife’s parents are comfortably retired so it appears we’ve been (so far) lucky.
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Originally posted by Lordosis View PostI actually know 2 different surgeons with 3 ex wives.
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Originally posted by nastle View PostIsn’t divorce less common in highly educated people? Esp doctors do they get divorced often? I don’t think I know any
I know a LOT of them in unhappy ( or partially happy) marriages but not divorced
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Originally posted by BruinBones View Post
FWIW, my wife (also a physician) and I are both divorced from other physicians.
Forty years ago, news of one of baseball’s stranger and more bizarre off-field stories first broke. There’s never been another story quite like it. On March 5, 1973, reports came out that Yankee…
My question for you is, were you in the same group and still cordial?
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Originally posted by jfoxcpacfp View PostNot only a women's issue, but primarily. The statistics are pretty scary: <a href="http://www.bloombergquint.com/markets/2016/10/17/divorce-is-destroying-retirement" target="_blank">Divorce is Destroying Retirement</a>. btw, I <em>kind of</em> disagree with the advice on splitting assets. Remember - even if you are a doctor with a solid marriage, this can happen to your parents and can be especially devastating to female Baby Boomers. ...at which point, you financial help may be necessary.
It is not the most important reason, but it is another reason to work on my marriage.
I love my wife!
I have a wonderful wife!
Regardless, marriage is hard and life is challenging but both life and marriage are worth working to make special and meaningful.Last edited by Tangler; 08-20-2021, 07:12 PM.
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Originally posted by Tangler View Post
THANK YOU for posting this!
It is not the most important reason, but it is another reason to work on my marriage.
I love my wife!
I have a wonderful wife!
Regardless marriage is hard and life is challenging but both life and marriage are worth working to make special and meaningful.Our passion is protecting clients and others from predatory and ignorant advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087
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