Divorcees who plan to retire in 2018 can expect their yearly income to be £3,800 lower than people who have never experiences a marriage break up, according to research from Prudential.
It said expected annual income for divorcees retiring in 2018 was £17,600 compared to £21,400 for those who have never been through a divorce. The pension provider also found those who have been divorced are more likely to be in debt (23%) than those who have never divorced (16%). However, levels of debt are likely to be slightly lower with divorced people £30,500 in the red compared to £36,900 for people who have never divorced. According to the latest data from Office of National Statistics, the total number of divorces in the UK is on the increase. This is especially the case f...
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