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April 2015 Archives

Things New York seniors need know about divorce

The divorce rate of those in their senior years doubled between the years 1990 and 2010, according to a recent study. Although remarriages often result in higher divorce rates, second or third marriages weren't the only culprits. The study found that close to 50 percent of those getting a divorce were on their first marriage.

How divorce can impact your retirement

New York couples facing divorce are worried about settling immediate concerns, such as child custody and living arrangements. In the midst of the complex process of ending a marriage, it is easy to lose sight of matters that will be important in the future, including retirement. As a major life event and legal process, divorce will impact long-term savings. 

Job changes can trigger a New York divorce

According to the chief psychologist at New York City's Beth Israel Medical Center, going through a significant change in one's employment can be a causal factor in deciding to move toward divorce. While each couple is unique and will have a blend of stressors, it appears as if moving through major job changes can place a significant amount of pressure on both spouses. For individuals who are going through a difficult time in their marriage, it can be difficult to know when circumstances have passed the point of no return, making divorce the best course of action.

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