3 choices you're making today that could derail your retirement tomorrow - Business Insider

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Divorce, student loans, and debt can have big impacts on your retirement savings

Even though a divorce might be the right decision for you personally, it means you should pay extra attention to your retirement savings so you don't fall behind.

Getting divorced, carrying consumer debt, and waiting until student loans are paid off to start saving for retirement can have a major effect on when you can retire, and how much you'll have to live off when you do. or an asset that is split in half upon divorce. No matter which partner did the majority of the saving, your retirement accounts may be divided equally, depending on where you live. Additionally, other expenses can eat away at your ability to save, such asAfter a divorce, it's important to start rebuilding and re-examining your retirement plan as soon as you can.

 

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