Retirement and Divorce – The End, or Just the Beginning?

 Posted on June 20,2017 in Divorce

The quality of life for retirees has improved drastically over the last few decades. That leaves many considering whether they are truly happy or not. For some, that answer is no. If that lack of fulfillment is connected to an unhappy marriage or a marriage they feel they have outgrown, retirees may consider the option of divorce. Is this a poor or misguided choice? Or is a divorce much like the retirement years: the beginning of a new adventure, rather than an end?

Common Fears and Concerns

Fears and concerns are common issues for divorcing couples, but those nearing retirement age have a whole host of special considerations. For example, they may fear the loss of their financial security or being alone. Some may lose insurance, which may be crucial in the face of manageable but dangerous health conditions. The weight of such fears and concerns may be so heavy that parties may begin to feel “trapped” in their marriage.

Rest assured that, although several issues and concerns need to be addressed in a later-life divorce, few are impossible to overcome. Spouses who do not have access their own retirement account may be entitled to spousal support. Some individuals may be granted social security under their spouse's account, even after a divorce. In short, there are often ways to work around the concerns and fears that retiring couples have about life after divorce.

Choosing the Right Path for Your Marriage

You are the only one that can decide the “correct” path for your life. Only you know what will ultimately make you happy. You know what you can live with, and what you cannot. However, it is important to know that there are advocates and support systems available to you. Friends, families, therapists, and support groups are all viable options. In addition, an attorney can help you understand the legal implications of your divorce, and they can assist you in developing a sound divorce plan before you take the official plunge.

At the Law Offices of Tedone and Morton, P.C., your needs and best interest are our top priority. We work hard to ensure you have a sound and solid divorce strategy, and we stand by your side every step of the way. To learn how our Joliet divorce lawyers can assist with your case, call 815-666-1285 and schedule your personalized consultation.

Source:

http://nypost.com/2017/06/14/this-is-what-divorce-looks-like-after-50-years-of-marriage/