Toby Knapp

Toby Knapp

Dive into the captivating universe of Toby Knapp! Experience his authentic life story, engage on social media, revel in exclusive interviews,...Full Bio

 

DIVORCE: A breakup with no PRENUP could mean BANKRUPT!

@gettyimages

A new study has found that breaking up your marriage will also break up your bank account.

Researchers found that ending a marriage can be almost as destructive to your retirement savings as the Great Recession was.

When you go through a divorce, you deal with legal fees. And, your assets get split in two. She gets half. And, your two-income household gets knocked down to one.

When you add it all up, the result is a meltdown in retirement savings as bad as the Great Recession. (USA Today)


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