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What matters when splitting assets in a divorce

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When couples overspend, it means they will have less for retirement, or in the case of divorces, less to share

When couples overspend, it means they will have less for retirement, or in the case of divorces, less to share

PHOTO: ISTOCKPHOTO

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High income does not always equate to wealth, especially if you are a bit free with the money, as an unusual divorce involving a couple who drew a combined monthly salary of over $80,000 shows.

The wife earned around $48,000 a month as a director in an insurance firm, while the husband pulled in about $36,000 monthly as an investment banker before he stopped working not long before they split up in 2020.

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