Going through a divorce can cast a long financial shadow, and a study released by the Center for Retirement Research reveals that the net worth of divorced households in Texas and around the country is about 30 percent lower than married households. The Boston College-based group also says that divorced spouses are 7 percent more likely to struggle financially during their retirement years. The study, which was published in June 2018, used figures from the Federal Reserve's latest Survey of Consumer Data.
Researchers from the National Regulatory Research Institute have also been looking into the impact that the end of a marriage has on retirement, and they found that more than half of the nation's divorced men and women lack the funds needed to enjoy their golden years in comfort. While spouses who divorce early in life may still have time to prepare financially for retirement, those who end their marriages in their 50s or 60s often face uncertain futures.