Likewise, if you have found your true love later in life, there may be a valid reason to delay the “I do’s” if you are approaching retirement.
The reason for delay involves Social Security and its rules.
In an excellent article offered by Kiplinger and titled: Senior Marriage and Social Security: Rules to Know By Mike Piershale, CHFC | Piershale Financial Group March 1, 2018 the benefits of delaying marriage or divorce are offered as food for thought.
Here is the link to the entire article: https://www.kiplinger.com/article/retirement/T051-C032-S014-senior-marriage-and-social-security-rules-to-know.html.
(If there is difficulty accessing the link, copy and paste the link in your browser.)
As Mr. Piershale writes: “Romance aside, you may want to delay your wedding date (or divorce, if that's the case) to get the best Social Security benefit possible.”
If you are facing a decision about marriage/divorce later in life, I encourage you to access the article.
I have posted several articles about the issues of marriage and divorce that involve your estate planning. The articles are available on my website: www.attorneybarbaradalvano.weebly.com in the Archives.
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