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Later-life divorces a financial hurdle for New Zealanders | Stuff

Financial adviser Liz Koh said people divorcing later in life were known as "silver splitters" - usually people whose kids were no longer living with them, and who had little debt and wanted some freedom and independence.

But she said, the longer couples left it to divorce, the more problems there could be because there were often significant assets involved and sometimes complicated legal structures.

People who divorced when they were older had less time to get back on track for retirement, she said.
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