More than 1 in 3 people who divorce in the U.S. are age 50 or older, and 1 in 4 are 65 or older, according to a 2022 analysis published in the Journals of Gerontology.
Divorcing as you near retirement — or after you’ve retired — comes with considerations: Are you (or your spouse) losing health insurance? If you’re retired but not yet eligible for Medicare, where will you find coverage? How does being an ex-spouse affect your Medicare costs?
If you have health insurance through your own employer, not much will change, but if you’re on Medicare or your partner’s employer policy, you’ll have to ask some questions. And you may want to help your ex make the transition if they’re on your policy.
We have experience here at RLee with these situations and more. Give us a call if you have questions or need help.
Source: MSN – Marketwatch
Previous Post
Next Post
We are a full service Life/Health/Retirment Planning agency located in Lafayette Indiana, although we are licensed to do business in Illinios, Michigan, and Texas as well. We strive to have one of the largest portfolios available to independant agencies like ours so that we can always offer our clients the best value for thier hard earned money.