- by C.C.
4. Think carefully about divorce
If you’re on the fence about ending your marriage, understand that getting divorced deeply wounds couples’ finances.
This is especially true for women because they earn less and often drop in and out of the workforce for family reasons, contributing less to Social Security and retirement funds. But divorce affects men’s finances, too.
Divorcing at an older age can make it especially hard to recover. Think realistically about the financial implications for yourself, your children and your retirement.