Divorcees will be £3,800 worse off when they retire

 The cost of divorce means people with failed marriages are more likely to end up in debt, analysis has found.

Divorcees retiring this year typically expect to be £3,800 worse off annually than those who are married, the research discovered.

Those who have been divorced are more likely to retire in debt (23 per cent) than those who are married (16 per cent). Divorcees’ debts are lower, however, than those who are married and retiring in debt, at £30,500 versus £36,900.