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This article is not intended to be financial advice to any individual. The views expressed are those of the author and Moneyfacts.co.uk does not endorse the content.
Divorce can be a harrowing experience at any age, but it arguably becomes even more difficult during retirement, as finances are likely more entwined than those who get divorced at a younger age – which means it could have a huge impact on both your immediate and long-term financial plans, with a lifetime of assets having to be divided. This means it’s vital to go through everything carefully to ensure the best outcome for both parties, so here are a few things you may need to consider when getting divorced in retirement.
Go to the equity release calculator provided by HUB Financial Solutions and see how much money you could release from your home.
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Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.