The concept of marriage may need to hire a new P.R. rep. As new marriages among millennials have seen a steady drop over the years, established marriages are not lasting as long as they once were either. One group in particular where the divorce rate has spiked is seniors. The trending term applied to these newly liberated individuals is “Silver Separators.” While many are enjoying their newfound relationship freedom, there could be some not too pleasant financial consequences to this later in life uncoupling.
Continue reading The Silver Separators: Financial Implications of Divorce After 60
Surprising Secrets to Living on a Fixed Income
Living off of $1,300 a month doesn’t sound like much fun.
That’s the average Social Security money allocated to eligible members (according to Market Watch). Surviving on such a relatively minuscule amount (taking into account today’s cost of living), is no doubt difficult, no matter what region of the country you live in. Luckily, there is a silver lining to this seemingly dreary financial cloud. Here are a variety of simple ways to make living on a budget work for you. Continue reading ALL’S WELL THAT SPENDS WELL