No one plans on getting a divorce, but the truth is half of all American marriages end in divorce. When it comes to retirement planning, divorce can have a hugely negative impact on your finances. In some states, couples are required to split their retirement funds with the exes, particularly if the money was earned while the couple was together. The rules for splitting assets such as retirement a…Read More
The Motley Fool, a website devoted to investing and finances, recently reported on data released by the Social Security Administration which noted that "non-married people face a much tougher retirement than married people do." In fact, they found that the average single person's annual retirement income was less than half that of a married person. Single retirees are bringing in less than $19,00…Read More
Before you begin thinking about how to start your retirement planning, it's important that you understand why retirement planning is so important to your future (and your loved ones' future). While this may seem trivial to you at first, surprisingly, the key components of planning for retirement run contrary to popular belief. Proper implementation of all the key components of retirement planning …Read More
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