David Ber

David Ber

businessman Canada

David Ber is a small business owner from Vaughan, Ontario, who faced a challenging divorce in his late 30s. While his divorce did not directly impact his RRSP because he and his ex-wife had similar savings, it marked a significant financial upheaval due to the contentious nature of the proceedings which drained his resources through legal fees. After the divorce, Ber struggled to re-enter the housing market, noting the dramatic rise in property prices, but with family support, he eventually regained his prior lifestyle, though retirement planning took a backseat during this time.

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Canada Canada: David Ber also got divorced in his late 30s but did not consider house equity as part of his retirement planning. 6

The Globe and Mail: What to do when a mid-life divorce derails your well-laid retirement plan