Tough Topic – Retirement and Divorce

On this episode, we’ll talk about some of the financial mistakes we see people make in the midst of a divorce.

Here are some of the things you’ll learn on this episode:

• Why choosing the house over other financial assets might not be the best result over the long-term.
• The tax implications that you’ll need to keep in mind when dividing assets.
• The role your advisor will play in the divorce process and why it’s valuable to have someone to work with along with your attorney.

What We Discuss Today:

Quotable Moment:

“Over a short period of time, if you do keep the house those expenses are likely to exceed the appreciation of the home. And you will lose money by keeping the house.”

– Spiros Vassilakos