Divorce Or Drown?
Posted on 23 September 2009 by Stenberg-Tendys W.L. in Society
Californian couple, Ron Bednar, 64 and wife Mary McCurnin, 59, declared bankruptcy in 2003 after insurance covered only 10% of costs for his intestinal bleeding and her breast cancer. In 2004 her cancer returned and Bednar underwent open heart surgery.
In spite of repeatedly refinancing their home to pay medical bills they are forced to file for divorce, if they are to have any chance of growing old together.
McCurnin is able to claim her first husband’s Social Security, to whom she was married for 20 years, before he died in 1989. When McCurnin becomes 60 in November, she will be eligible for a $1.200 monthly survivor’s benefit from the first marriage. Of course, that is so long as she is not married to someone else.
Bednar will qualify for Medicare when he turns 65 next August. Until then, he hopes his insurance with Medi-Cal will see him through.
Both Bednar and McCurnin are graphic artists, but believe their horrendous credit rating is a huge obstacle to either of them getting a job, in spite of them both being perfectly qualified older workers.
The couple first tried to file for divorce in February, but kept being rejected because of errors in the application. They eventually hired a paralegal and expect the divorce to become final in the next few weeks.
Once the widow’s benefit has kicked in, McCurnin will not lose it, even if the couple remarry again.
More and more people are in financial difficulties like the McCurnin. This is not a time to panic, but a time to take stock, in order to stay afloat financially.
Where possible, cut non-essential spending habits, reduce debt and attempt to live within your means. Give careful consideration to your retirement fund. Governments are not going to be able to help you. It is time to join the Do It Yourself craze that is sweeping the world.
Try growing a few vegetables, revamp your wardrobe by mix and match or putting on some new trimmings. Dining out, entertainment and clothing, should be dropped to a minimum. Do your own redecorating and anything else you are capable of doing. Stop looking for others to do the work for you.
Above all else, make sure you are in control of your retirement fund. Don’t cash in your 401(k) plan just because you leave a job. If you cash it out, withdrawal penalties and income tax will outweigh any instant income. Look for other ways to supplement your superannuation fund.
No Responses to “Divorce Or Drown?”
Trackbacks/Pingbacks
-
-
23 September 2009
[...] Read more [...]
i recently got divorced from my russian wife because she is a very irresponsible woman.-:~
Divorce is always a bad news among married couples. Some couples just cannot iron out their differences.;:~
Divorce will always lead to depression and anger towards the other party. As much as possible avoid divorce’*;
Divorce is usually the end of a good relationship, every couple should avoid it’`”
there is nothing good getting a divorce, this is perhaps the saddest moment of your life;;*
divorce is of course one of the worst thing that you could experience but you could get over it -”