You spend your entire life planning for the future. You look forward to your retirement and the freedom that it will bring. But what happens if you find yourself in the middle of a divorce? Would you know how to maneuver your finances during such a difficult and emotional time? Join us in conversation with financial expert Pam Krueger who will share three fatal financial errors that many women make during a divorce. Enjoy the show!
Does this ever happen to you?
There you are, going along with your day, minding your own business and it hits you. The whiny, super-annoying feeling that tells you that no matter what you did during your marriage, it just wasn’t good enough and you should have done better.
Getting your life back after divorce can be hard, especially when you’re over 60. There are financial issues, retirement and logistics issues that leave us feeling exhausted, wondering if we’ll ever move on and feel happy.
The New Year brings a lot of promise for women going through or recovering from divorce. Yet for some of us, there are still a lot of challenges and mixed feelings.
What are you thinking about this holiday season?
For many of us, the holidays can feel dark, lonely and stressful – especially if we are over 50 and going through divorce. Instead of looking forward to the beautiful decorations, smell of baking pies and holiday songs on the radio, we may feel triggered by sadness.
The end of a marriage, or any other relationship, when we are in our 50s forces us to deal with a whole slew of issues we were not expecting at this time in our lives. These include learning how to be single, possibly living on a reduced income and learning how to redefine ourselves.
If you divorced in your 50s or 60s, you’re familiar with that feeling. Some of us know it all too well, both during divorce and afterwards.
Let’s talk about one of the most common obstacles that stop us from moving on after divorce, especially after a long-term marriage.
Divorce has been declining in America – except for older Americans where it has been increasing. The number of people over the age of 50 who divorce nearly doubled between 1990 and 2010, according to a recent study. Researchers have dubbed divorce for those over the age of 55 as the “gray divorce,” and have started to note its many financial consequences.
During and after a divorce, it can be very difficult to maintain your connections and community.