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Relationship Discussion (non-explicit)
Reply to "How would you divide the money in this divorce scenario?"
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[quote=Anonymous][quote=Anonymous]"Don’t walk away with less than 50% as it’s very hard for a woman in her 50s to rebuild wealth." The husband is significantly older than the wife here. She has many more working years ahead of her to build a retirement fund, whereas he has practically none. Plus, he's worked every year they've been married while she didn't. [/quote] Fair enough. She has some time for her funds from the split to double with a conservative allocation between stocks and bonds. But she does not seem to have a lot of room to earn more. She seems to be about 13 years younger. How much extra would she save for retirement over 13 years making 20 an hour? Not sure what she did before she quit, but the job market is tough and she has been out of the market for 18 months already. Remember she does not own a house so she has to pay rent. [/quote]
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