Hi... on the date of our separation, we were married 15 years and she was 49. I've been told the Rule of 65 will certainly apply. She is very healthy and certainly able to work, but became extremely comfortable with the "stay at home" role.
Essentially, what I am now being told, she is not required to work (rule of 65) and I'm responsible for SS for life. I won't get into the unfairness of her being allowed full retirement on my dime for the next 40 years (I'm privately employed and have zero pension... good RRSPs though)... but I do have a couple of questions:
Essentially, what I am now being told, she is not required to work (rule of 65) and I'm responsible for SS for life. I won't get into the unfairness of her being allowed full retirement on my dime for the next 40 years (I'm privately employed and have zero pension... good RRSPs though)... but I do have a couple of questions:
- How "hard and fast" is the rule of 65 in this type of situation ?
- Will I ever be able to retire ? The way this is structured, I will have to save for my retirement, and also save enough to pay her for life..
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