Social Security Planning After Divorce: Crucial Rules and Mistakes to Avoid (Ep. 63)
Divorce is difficult enough without letting confusion over Social Security take a toll on your future income.
In this episode, I explain the essential Social Security strategies every divorced woman should know, from the ten-year rule to remarriage traps. I highlight true stories of women who faced preventable financial setbacks and how proper planning could have saved them thousands.
This episode discusses:
- The importance of understanding the 10-year marriage rule for eligibility on an ex-spouse’s Social Security record
- How the timing of claiming benefits, including the impact of claiming early, can affect your lifetime income
- The effects of remarriage, before and after age 60, on eligibility for both spousal and survivor benefits
- The distinction between ex-spousal and survivor benefits, including how and when you can switch between them
- Why consulting a financial advisor or certified divorce financial analyst can help you avoid costly mistakes and make the most of your options
Resources:
- Get Your FREE Simply Retirement Roadmap
- #62 – Gray Divorce and Retirement: How Collaborative Divorce May Protect Your Financial Future with Jill Lowe
- #47 – Three Game-Changing Social Security Strategies
- Am I Eligible For Social Security Benefits If I Have Been Divorced? Free PDF
Connect with Eric Blake:
- www.TheSimplyRetirementPodcast.com
- Join the Simply Retirement Newsletter
- Ask a Question or Suggest a Topic for the Podcast
- Blake Wealth Management
- YouTube
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