What is retirement’s effect on alimony obligations?
Retirement is a time in a person’s life which many men look forward to. Unfortunately, if a divorced husband has a hefty alimony obligation, then this may throw a “monkey wrench” into his retirement plans. The issue of retirement often comes up frequently when alimony issues arise. Many former husbands hate paying alimony with a passion. Many former husbands would rather live in a rooming house than continue to work and see a significant portion of their paycheck garnished and sent to their ex-wife. Many former husbands believe that retirement is their “way out” of the alimony trap. In New Jersey if a person retires then this certainly can constitute a “change in circumstances” to justify the reduction or even the termination of alimony. The New Jersey courts analyze each alimony reduction application based on retirement on a case by case basis. The courts will review the parties case information statements, their medical records, the reasons for the retirement, and the ability of the
