tag:blogger.com,1999:blog-5465015914589377788.post2689788469789755983..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Who Owns the Money in a Relationship?Michael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5465015914589377788.post-46260964890170578432014-03-29T18:07:26.888-04:002014-03-29T18:07:26.888-04:00@Sean: I've done the math on how valuable pens...@Sean: I've done the math on how valuable pensions are. In one group of friends who have defined-benefit pensions, I asked them to guess how many people at the table were millionaires. None of them got the correct answer: everyone.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-46597669973091360202014-03-28T19:01:26.390-04:002014-03-28T19:01:26.390-04:00If only couples stayed married forever. Working in...If only couples stayed married forever. Working in the pension industry, marriage breakdowns are a pain. Every province has its own legislation and rules. Some provinces allow you to payout the amount right away, while others make the former spouse wait until retirement or termination to collect. If you have a defined benefit pension, you wouldn't be surprised how much it can be worth. I've seen former spouses receive settlements worth over $200K.Sean Cooper, Financial Freelance Writer and Bloggerhttp://www.seancooperwriter.com/noreply@blogger.com