Money Matters: Gray divorce
Barry Bigelow from Great Waters financial discusses how those 50 and over can financially prepare themselves if they divorce
According to Barry Bigelow from Great Waters Financial, the number of people filing for divorce after the age of 50 is on the rise. That decision can be both emotionally painful and financially draining. So, why are more Americans choosing to live alone and what are the financial ramifications?
Barry Bigelow from Great Waters Financial joins Good Morning Northland to explain what ‘Gray Divorce’ is, and what you need to consider.