here<\/a><\/strong>. (I do not have any affiliation with UBS)<\/p>\nA full 98% of the surveyed widows and divorcees encourage other women to take a more active role in finances.<\/strong><\/p>\nSome statistics:<\/p>\n
\n- One million women<\/span> in the U.S. get divorced each year\n
\n- 1 in 4 divorces occur among couples over 50\n
\n- This is the so called “gray divorce”<\/span> phenomenon<\/li>\n
- The divorce rate in this age group has doubled in the past 30 years<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
\n- 975,000<\/span> women in the U.S. are widowed each year\n
\n- 59<\/span> is the median age of widowhood<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
If you are married and feel behind the curve when it comes to knowledge about your finances (male or female), the first step is know where you stand.<\/strong><\/span><\/p>\nStart asking questions.<\/strong><\/p>\n\n- What do we own? <\/strong>\n
\n- All bank accounts, retirement accounts, real estate, business interest.<\/li>\n
- Where are these accounts and if they are all over the place, why?<\/li>\n<\/ul>\n<\/li>\n
- What do we owe? <\/strong>\n
\n- Mortgages, loans, credit cards, other debt.<\/li>\n<\/ul>\n<\/li>\n
- Do we have life insurance? <\/strong>\n
\n- What kind? How much? Who is the beneficiary?<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
Find your voice. Start the conversation. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"In my work helping single women make sense of their money and their taxes, I frequently talk to women who used to be married, but are not now. If you are a married woman, the odds are high you will not be married in the future. Longer lifespans for women and increasing rates of divorce […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[10],"tags":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Michelle Morris","author_link":"https:\/\/briofp.com\/author\/briofp1\/"},"_links":{"self":[{"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/posts\/1593"}],"collection":[{"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/comments?post=1593"}],"version-history":[{"count":2,"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/posts\/1593\/revisions"}],"predecessor-version":[{"id":1596,"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/posts\/1593\/revisions\/1596"}],"wp:attachment":[{"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/media?parent=1593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/categories?post=1593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/briofp.com\/wp-json\/wp\/v2\/tags?post=1593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}