A divorce in one's early 60s brings considerable stress and financial uncertainty, especially for those who have been stay-at-home parents; consulting a financial adviser is crucial.
Options to improve retirement prospects post-divorce include delaying Social Security benefits and considering rental living instead of homeownership; both can enhance financial stability.
It’s essential for stay-at-home parents, often undervalued during marriage, to recognize the financial implications of divorce, as they can face a challenging future on their own.
Facing retirement alone post-divorce is daunting, but having a financial adviser can provide guidance on making informed decisions that can lead to a more secure future.
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