Had to see a pretty sad situation today where two couples were in a dispute and it resulted in one of those “Divorce me now†type of scenarios. The sad thing too is relationship wise nothing is there anymore. However, they have been married for like over 30 years and have just recently retired.
This is not exactly a millionaire couple, but they have fully paid off everything in life such as a house and were going to live off the savings from then on. The thing is, both of them were so concerned about the lifestyle change since they just retired and life was pretty much planned financially to live at this house and all. Therefore, that seemed to be the only real thing that floating in the mind regardless of the health and well being factor. One even commented how the house was the “life savings†in many ways.
People often say that getting divorced is a double whammy in terms of finances as it is more then just splitting assets in half. The new lifestyle such as having to pay more for items as you won’t buy in volumes too are another factor. Especially at that age where you have pretty much mapped out your financial map, it will probably be a huge setback.
I have never seen a couple actually stick with it like this though simply for the financial reasons. Again, the only thing that is really holding them back it seems is the agony of having to sell a house that they worked so hard in paying off together that it is hard to let go. I suppose in the end both of them have to go back to work to a certain extent if it did go through and this comes down to a your health and well-being or money type of scenario.