"Gray divorce" among Americans over 50 has skyrocketed, especially for those over 65. This trend poses significant financial risks for women, who typically have lower incomes and less savings compared to men. To protect themselves, women should take steps such as:
* Understanding household finances
* Having access to their own funds
* Claiming Social Security strategically
* Saving alimony
* Considering a prenup or postnup that safeguards financial interests if the marriage ends.
The SEC's new rule mandates certain U.S. public companies to disclose climate risks and greenhouse gas emissions, fostering transparency in climate-related matters. However, the final rule excludes reporting of "Scope 3" emissions, a significant aspect of a company's carbon footprint. While aimed at providing investors with relevant information, the rule's lack of inclusivity limits its effectiveness. Challenges to the rule are expected due to the SEC's perceived authority over climate issues.
