Breakout Session

The Platinum Retirement Challenge: Late Life Divorce

Level of Complexity: Intermediate

Speaker(s)

• 

  Lili Vasileff, CFP®, MAFF™, CDFA®

  President
  Wealth Protection Management

Every 10 seconds a Boomer turns 60 years old. Among U.S. adults over age 50, the divorce rate has doubled since 1994. Contrary to expectations, long term marriages are not immune and the largest increase (55%) is in first time marriages of over 20 years. The gray divorce phenomenon is much examined because of its impact on the economy and on younger generations. There are many nuances in the gray divorce statistics. In this session, participants will gain understanding into what boomers want and should expect, particularly women, as well as 8 key points to address as one-time opportunities to maximize outcomes for clients experiencing divorce.

Learning Objectives:

• Define the triggers for gray divorce
• Recognize the challenges and financial impact of divorce when working with older clients experiencing divorce
• Describe new tax laws that will impact a divorcing client's financial decision-making