A TD Ameritrade survey found that half the people who had gone through divorce worried if they would have enough money to retire.
My mother was divorced twice and I have no doubt that had she not died at the age of 67, she would have run out of money. I don't want any of my clients to run out of money!
In this five-minute video, I share four tips for building a financially-secure future after divorce.
Here are the key tips:
1) Understand Your Divorce Agreement
2) Don't Shortchange Your Future Self
3) Save and Invest for Your Future
4) Don't Go It Alone
If you would like to learn more about what you can do now to ensure you don't run out of money, then I encourage you to enroll in my online course:
The price of the course is $249 and includes a 30-minute phone call with me to answer any questions you have during or after taking the course. Bring the cost down to only $149 by entering ONEHUNDRED when checking out to get $100 off. The coupon is good through December 31, 2020.
Laurie Itkin is a financial advisor, wealth manager, and certified divorce financial analyst (CDFA). She is also the author of the Amazon best-seller, Every Woman Should Know Her Options: Invest Your Way to Financial Empowerment. In both 2017 and 2018 Investopedia named Ms. Itkin one of the top 100 most influential financial advisors in the country.
Through her financial consulting company, The Options Lady, she provides divorce-related financial planning and analysis to individuals and couples throughout all stages of the divorce process, with a speciality in California divorces. She is a member of the Association of Divorce Financial Planners and is certified by the Institute for Divorce Financial Analysts.