Divorcing in your 50s or 60s can bring a different set of financial challenges

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Amy Lehmann is an Authorised Representative(No. 1292710) of AFSL 495401.
Divorcing in your 50s or 60s can bring a different set of financial challenges. At this stage of life, many people feel added pressure because there are fewer working years left to rebuild wealth compared to someone in their 30s or 40s. While those concerns are understandable, the most important factor is your financial position after the settlement and how you structure your finances moving forward. Even if retirement is approaching, you may still have 30 or more years ahead of you. That means you're still a long-term investor, and your investment strategy should reflect that. With the right financial plan, your remaining assets can continue working for you, helping to generate income, support long-term growth, and provide financial security throughout retirement. The sooner you understand your new financial position and develop a strategy, the more confidence you'll have in making informed decisions for the years ahead. Always seek personalised financial advice based on your individual circumstances. General advice only. Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).