4 Life Events That Disrupt Retirement Planning [Video]

Life is full of surprises. Whether it’s job loss, divorce, or health issues, unexpected events can significantly disrupt plans to save for the future. When it comes to planning for retirement—a decades-long process—all it takes is one unforeseen change to put that planning on pause. But there are ways to prepare for the unexpected.

With government resources and expert-recommended strategies in your back pocket, there’s no reason for life’s changes to completely derail your retirement savings plan. Here’s what you need to know to anticipate change when preparing for retirement.

It’s hard to prepare for every curveball life might throw at you, but it’s certainly possible to cover the bases. Life events like divorce, job losses, health issues, or the death of a spouse are significant events that can put a strain on retirement planning.

1. Divorce

A divorce can have a serious impact on retirement planning. Potential changes in household income or the …