June 30, 2018

Divorced in Retirement? 20 Ways to Maintain Your Financial Independence

2. Calculate Your Net Worth

Once you have all your financial information in front of you, calculate your net worth by subtracting your liabilities from your assets. Although there are more advanced ways of calculating net worth, this simple version can give you a snapshot of where you stand overall. By the time you are retired, you likely have a positive net worth, but if this number is negative, you might have to take more immediate steps to lower the risk of insolvency.

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