Women, Divorce, and Retirement: He Spent All My Retirement Savings on Other Women

Women, divorce and retirement: I control my life and my 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 she achieved those goals.

What was the financial impact of your divorce on your retirement plans?

As my income was cut in half after the divorce, I was finally in control. While I had to watch my finances closely and set a different budget, I no longer had to deal with my ex-husband’s spending sprees. After a year, I was in a better financial position because I was able to prioritize needs over wants. I saved each month for my children’s education and my retirement, foregoing expenses such as expensive cars and expensive home decorations that my ex-husband insisted on.

#Women #divorce #retirement #control #life #financial #health

Leave a Comment

Your email address will not be published. Required fields are marked *