Divorce Can Complicate Social Security Claims

Consider this:

Roughly half of the people who get married in the United States will end up divorced. And Social Security is the primary source of income for 72% of unmarried retirees, many of whom are single because they’re divorced.

Unfortunately, few financial advisors put those two facts together and focus on how divorce, as well as re-marriage, can affect retirement planning, said Rob Kron, head of advisor education initiatives at the New York-based investment firm BlackRock.

Click here to read the entire article from the Los Angeles Times.