Retired Couples Divorcing At A Higher Rate And How That Changes Retirement – Total Financial Solutions Safer Money Hour – November 20, 2018
Hosts: Arif Halaby & Logan Halaby
Topic: Retired couples divorcing at a higher rate and how that changes retirement funds
Total Financial Solutions Safer Money Hour – November 20, 2018
On the latest episode of Total Financial Solutions on KHTS AM 1220, I sat down with my co-host Logan Halaby and we talked about the sad trend of older, retired couples divorcing at a higher rate and how that changes retirement funds.
When an older couple divorces you split the retirement funds in half, and double the expenses, so you’re basically living on a quarter of what you originally intended.
Many people have post-nuptial agreements that lay out a plan for this kind of outcome.
Another issues for future retirees is the fact that pensions and social security payments will probably not increase but cost of living continues to.
One tip I always encourage all of my clients to do, is to continue working throughout retirement. It keeps your mind fresh, your body healthy and also provides income.
It is also so important to check in on your investments and accounts often to reassess anything that might need adjustment.
To learn more, watch the attached video.
We talk about your family’s financial future and the financial things that matter and may affect your life.
We’ve been in business over 22 years, and we are professional financial advisors who specialize in protecting your money and setting up a plan that helps you make money well into retirement.
I’ve helped families with retirement income planning since 1996 and is President and CEO of Total Financial Solutions, Inc. and I’m insurance licensed in 14 states and specializes in retirement strategies.
It’s not just about the money you make but the taxes you pay for where you are putting your money. We can help you figure out the best place to put your money to keep it safe, and most importantly, be making more money for you.
Total Financial Solutions offers assistance with preparing for retirement and financial planning in Santa Clarita and the surrounding valleys. Santa Clarita financial advisor Arif M. Halaby, a Certified Estate Planner, and Total Financial Solutions staff work with people of all ages, helping them protect, grow and preserve their assets through an individualized approach. Arif Halaby is also the host of “Total Financial Solutions Safer Money Hour” on KHTS AM-1220. Launched in 2004, the show offers listeners from Santa Clarita financial planning tips and guidance for dealing with today’s ever-changing financial needs.