How to Recover Financially from a Divorce...
The older you are when you divorce, the less time you have to recover financially. And get this, one quarter of people getting divorced is now over 50! In fact, it's so common, it's been dubbed: grey divorce. In this video, Brent Wells with @youngwealthmanagement and @erinkennedytv walk through 5 key action steps to get your financial life back on track. Those steps are:
• 1. Assess Your New Financial Situation
• 2. Revise Estate Plans and Beneficiaries
• 3. Check Your Social Security Benefits
• 4. Use the Catch-Up Rules for Retirement Saving
• 5. Outline Your New Financial Goals
If you'd like to talk through your new financial goals and how to achieve them, please reach out to Brent for a free consultation. You can call him at (614) 430-8383 or visit www.Young-WM.com
#GreyDivorce #financialplanning #divorce #retirement #socialsecurity
*Young Wealth Management is not affiliated with or endorsed by the Social Security Administration or any other government agency.
