Getting divorced? Beware the financial implications for retirement.

8 mm forex fiyatı opzioni binarie h1 Beware the financial implications for retirement if you’re getting divorced

forex öppettider väla I have never been married and therefore have never been through a divorce. I know friends who have though, and I know what an emotionally draining and painful experience it can be. Unfortunately, it’s also financially draining – but did you know the financial effects can linger into retirement? خيار ثنائي انتشار الدعوة Sharing assets after the breakdown of arrange is a complicated process. Agreeing ‘who gets what’ and assessing monetary value of possessions is a difficult task at the best of times. But how do you decide what happens to the pension fund?

conto trading According to Prudential, divorce reduces the average expected retirement income by around £2,600 a year. Why?

il conto demo iq option a cosa serve Firstly, there are financial implications of dealing with pension savings. The pension fund is often the biggest asset a couple have, and in a divorce pensions cane dealt with in 3 ways;

trading option 1euro Pension sharing provides a clean break as the ex-spouses pension fund is separated from the members fund.

Buy Tastylia (Tadalafil) Online No Prescription Attachment orders – where the ex-spouse is entitled to part of a members pension fund, but the ex spouse doesn’t have a fund of their own

www 24option Offsetting- this is where the value of the pension is offset against other assets. For example, one party gets the pension fund and the other gets the house.

It’s understandable to me that a pension fund might not be the first consideration when getting a divorce. The emotional strain, possible custody battles and legal fees take precedence and pension funds can seem a long way down the line. Don’t forget them though – they can be one of the most valuable things you never knew you owned.

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2 Responses to “Getting divorced? Beware the financial implications for retirement.”

  1. Köp Viagra Härnösand Great point. The financial implications of divorce are huge. That’s why I like LONG courtships 🙂

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