Friday, July 26, 2013

Cost of Divorce on Retirement

From Family Law Week:

Divorced retirees expect a £13,800 annual retirement income, compared with £16,400 for those who have not.

Divorce reduces average expected retirement income by around £2,600 a year (16 per cent), according to a survey conducted by Prudential. People who are planning to retire in 2013 and have been divorced expect to retire with an annual income of £13,800 compared with £16,400 for those who have not divorced.

Read more here.

MR

http://lawprofessors.typepad.com/family_law/2013/07/cost-of-divorce-on-retirement.html

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