Women, Divorce and Retirement: I Take Control of My Life and Financial Health

By Mary Helen Gillespie

“Maureen” from Ohio has found her post-divorce lifestyle to be financially, emotionally, and mentally fulfilling. Here’s how he achieved this goal.

How will your divorce financially affect your retirement plans?

When my income was cut in half after the divorce, I was finally responsible. Although I have to monitor the finances and budget differently, I no longer have to bear the expenses of my ex-husband. After a year I am in a better place financially because I can prioritize my needs vs. I save every month for my children’s education and my retirement, previous expenses like fancy cars and expensive house decorations that my ex-husband pushed for.

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