So, a friend of mine called and told me that his wife was divorcing him and would be taking half of his pension.
This started me thinking. It would seem that a married couple has some economies of scale and shared infrastructure. The RE cash flow situation would not just be a 50% reduction for the single individuals.
I have to think that a person now operating with half of the combined assets would be worse off than when part of a married couple with 100% of the assets.
Have any of you experienced this?
Are any of you including this scenario in your planning?
I can see the argument that you would have gotten rid of each other before retirement age if you were going to, but these people are 60+.
This started me thinking. It would seem that a married couple has some economies of scale and shared infrastructure. The RE cash flow situation would not just be a 50% reduction for the single individuals.
I have to think that a person now operating with half of the combined assets would be worse off than when part of a married couple with 100% of the assets.
Have any of you experienced this?
Are any of you including this scenario in your planning?
I can see the argument that you would have gotten rid of each other before retirement age if you were going to, but these people are 60+.