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Money and Finances
Reply to "Divorce question - what is fair?"
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[quote=Anonymous]Agree that OP is talking about trading off cash/real estate assets for retirement. However, this is how many women mess themselves up. Retirement $$ isn’t necessarily a one for one exchange, since it’s not immediately accessible. Too many women focus on keeping their current living standard and not long term financial security, and find out they’re screwed when child support ends and they have little or no retirement savings. When I divorced my higher earning ex, I took all of the $$ in retirement funds (and got a higher amount than I would have in cash) and downsized from a big house to a small apartment. Now, years later, my living standard is back where it was and my retirement fund is also where it needs to be (and then some). It’s harder with kids, but the father can keep the residence in the good school district. [/quote]
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