
Elementary Math Fractions, Percentages, Word Problems, Equations, Inequations, Factorization, Expansion 
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November 29th, 2016, 10:30 AM  #1 
Newbie Joined: Nov 2016 From: San Diego, CA Posts: 1 Thanks: 0  Help for big math dummy!
I am trying to figure this out: I have a retirement account worth \$264,604.20 My wife and I are divorcing and I need to give her her part. My retirement represents a time span of 23 years. We have been married for 20 years of this. So what is the percentage that I need to deduct from \$264,604.20 Maybe my question is "3 is what % of 23?" am I asking the right question? Very perplexed Thanks, Joe Last edited by greg1313; November 29th, 2016 at 11:01 AM. 
November 29th, 2016, 11:44 AM  #2  
Senior Member Joined: Sep 2015 From: CA Posts: 1,238 Thanks: 637  Quote:
$\dfrac {3}{23} = 13.04\%$  
November 29th, 2016, 12:00 PM  #3 
Global Moderator Joined: Dec 2006 Posts: 17,201 Thanks: 1291 
It would depend on how much was put into the retirement account during the first three years.

November 29th, 2016, 12:01 PM  #4 
Senior Member Joined: May 2016 From: USA Posts: 632 Thanks: 257 
This is primarily a legal question, not a math question. You need to talk to a lawyer to find out what her rights are and what yours are in whatever state is handling the divorce. The math question I THINK you are asking is what is half of 20/23 of 264,604.20. So one way to think about this (though it may be nonsense legally) is $one\ year's\ worth = \dfrac{264,604.20}{23} \approx 11,504.53.$ $3\ years'\ worth \approx 3 * 11,504.53 = 34,513.59.$ $20\ years'\ worth \approx 20 * 11,504.53 =230,090.60.$ That adds up to $34,513.59 + 230,090.60 = 264,604.19.$ We are off by a penny due to fractional pennies. Half of 230,090.60 is 115,045.30. She gets that. You get: $115,045.30 + 34,513.59 = 149,558.89.$ Let's check. $115,045.30 + 149,558.89 = 264,604.19.$ Still off by a penny. You could flip for it. 
December 15th, 2016, 04:13 AM  #5 
Member Joined: Sep 2016 From: India Posts: 88 Thanks: 30 
Make proportion $\dfrac{3}{23}=\dfrac{x}{100}$ $23x = 300$ $x=\dfrac{300}{23}$ $x=13.04%$ 
December 15th, 2016, 07:04 AM  #6 
Math Team Joined: Dec 2013 From: Colombia Posts: 6,781 Thanks: 2197 Math Focus: Mainly analysis and algebra 
One could claim that the balance 20 years ago plus any (compound) interest acruing to it belongs entirely to you, with only the balance being split equally between you. This is a slightly more difficult calculation, but beneficial to yourself. Essentially, the way you split the fund is likely to be more a function of how amicable the split is than anything else, I'd have thought. 
December 18th, 2016, 05:05 AM  #7  
Banned Camp Joined: Nov 2016 From: St. Louis, Missouri Posts: 28 Thanks: 4 Math Focus: arithmetic, fractions  Quote:
 

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