#6 Big Unexpected Sign! Divorce
This may not seem like a sign that you will end up with no money as you get to the best of your golden years, but think about it more cynically. You have been saving as two people for your retirement and planning accordingly for two, and if you end up getting a divorce, you will end up with half of those retirement savings in a settlement.
Considering that a lot of marriages are ending closer to retirement age, a lot of seniors are not prepared for this outcome, and most of their retirement plans, which have been planned for two people and thus two incomes, are going down the drain. What’s more, there are a lot of retirees that cannot easily adapt to the increased costs that come with only relying on one income.
While some would have suggested you get a prenup before you even get married, this is not a solution for older couples that are having issues. What you should invest in instead is some couples counseling, as resolving your problems will end up costing less than having to pay for a divorce and a settlement down the road.
However, there are a lot of ways in which you can budget and live off a security check comfortably! Read all of our tips and tricks about this topic here!
