5 Retirement Assumptions That No Longer Apply

Back in “the good old days,” retirement happened at 65, the company gave you a gold watch and a lifetime pension, and you led a life of leisure as you ran out the clock in Florida or Palm Springs. Today, most of the Over 50’s who stop working before 65 will do so involuntarily, many of those who have a choice will work past that age, and the notion of a guaranteed company pension is about as common as a pay telephone.  Making a bad situation worse, a whole host of other retirement assumptions are proving to no longer be valid. 

Seven Deadly Financial Sins of Divorce

Did you end up with the house in your Divorce settlement?  Though it may not turn out as badly as it did for a very young Shelley Long and Tom Hanks (above), Investopedia suggests you think very hard about whether it makes financial sense to hold on to it.  This article may be of more value to someone in the process of Divorcing, or who’s considering it, but it’s still worth a glance even if your Divorce is long since settled.  Hit the READ MORE button to comment on the financial challenges you’ve faced, and successes you’ve achieved…