Divorcing later in life has unique challenges, including retirement. At what age may a divorcing party retire? Does a party want to retire for the sole purpose of not paying the other spouse alimony? Does the party plan to go back to work after the divorce? Did the parties plan on retiring at a certain age? Can the parties even afford to retire after divorce?
These are only some of the questions that have no clear answer. A retirement plan that may have been reasonable during marriage while the parties were pooling their income and sharing expenses, may not be reasonable or possible after a divorce. It is navigating issues such as these where an experienced and creative family law lawyer may be of particular assistance.