2023 EP0610 | John Kuykendall | Navigating A Grey Divorce
Navigating A Grey Divorce
Divorce among middle-aged couples is increasing. In fact, there’s a new name for the trend: “grey divorce.” And according to the journal of sociology, after a grey divorce, women experienced a 45% drop in their standard of living, and men experienced a 21% reduction. This is why John Kuykendall with GulfCoast Financial discusses some key issues you'll need to consider as you plan your new future, including:
-Revisit your estate plan
-Examine retirement and pension plans -Determine how your Social Security benefits will be affected
-Consider health insurance and life insurance
-Consider hiring a Financial Advisor
Considering one quarter of people getting divorced is now over 50, walking through these topics with a professional is vitally important. If you'd like to speak with John about navigating your divorce and planning out your future, please feel free to give him a call at (386) 755-9018 and visit the website at https://www.gulfcoastfinancial.net/.