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Nicole B. Simpson, CFP

I’m a Financial Expert: How I Advise My Divorced Clients Financially for a Second Marriage

Paul Bradbury / iStock.com

Divorce can be quite overwhelming and financially devastating. Oftentimes, when couples make the decision to terminate a marriage, falling in love again is the furthest thing from a person’s mind.

However, after someone processes any painful impact of separation, perhaps they focused on personal growth, or even if an individual despises singleness, many people begin to explore new relationships that can often lead to remarriage. This decision can be nuanced financially, especially based on someone’s ability to have children or if an individual is advanced in age and collecting Social Security.

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