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Retirement Planning; Retire Wealthy? Math Problem #2 of 15
Meet Jenny an easy-going woman who had high hopes of living a full and happy life with her ex-husband Robert. The problem is, Jenny could not conceive a child and Robert was not willing to adopt.
The divorce was unavoidable.
However, as luck would have it, Jenny married into a family with considerable wealth. But because her marriage only lasted two years and six months, her alimony was limited, not to mention she had to hire an attorney to help her prove that she was not aware of her infantility prior to the marriage.
She received $500,000 as a settlement with $2000 a month in alimony and paid health insurance.
Jenny was heartbroken. She lost the man she loved, her marriage her beautiful five-bedroom 5 bath home and the Gold American Express Card.
She just wanted to run away. She didn’t want to deal with her family, members of Robert’s family or her friends. She just wanted to prepare for her future, now that she no longer had a husband.
The first thing Jenny did was contacted the financial advisor who worked with her and Robert. He informed her that he could not work with her due to a conflict of interest but referred her to a less experienced financial advisor who handled lower asset clients. Jenny understood.
