Personal finance

Answers to Your Questions About Women, Divorce, and Retirement

You have already divorced. What’s next? Managing the details and creating a new personal finance plan both opportunities and challenges, particularly for women. In this live event, join Robert Powell, editor of Retirement Daily on TheStreet, for a free webinar with top divorce and financial planning professionals who will outline the next steps and address your questions: Creating Your New Personal Finance Plan After Divorce: Women.

Amy Shepard, a partner with Sensible Money, Rick Fingerman, managing partner of Financial Planning Solutions, and Katie Marsden, a wealth adviser with Buckingham Strategic Wealth, all experts in divorce and retirement planning, will talk about what divorcees should take into account when it comes to their financial and retirement plans.

What makes your attendance at this webinar crucial? According to the Pension Rights Center, divorced women over 65 are much more likely to live in poverty than their married counterparts.

We aim to assist you in averting it.

Many people have a ton of questions about how to divide assets, where to live, how to budget, how to work and obtain Social Security, as well as how their planning and requirements are impacted by commitments to family, workplace equality challenges, and the gender pay gap.

Making Your New Personal Finance Plan After Divorce: Women For this free event on Wednesday, November 16, at noon Eastern, register here.

Our specialists will cover all you need to know about divorce in this webinar, covering the following subjects:

  • How should retirement assets be divided?
  • What is a qualified domestic relations order, or QDRO? How do you get one? A judge must sign the QDRO, and the retirement plan must accept and approve it. According to the Pension Rights Center, many women are unable to access benefits that were granted to them by a divorce decree because they are unaware of how to obtain a QDRO, are unable to do so, obtain an order that is rejected by the retirement plan, or are unable to understand the steps involved in submitting the order to a retirement plan.
  • Should you put your main residence up for sale?
  • How much money should you put up for retirement? It’s crucial to keep saving, if at all feasible, to help you reach your retirement goals, even if your assets set aside for retirement may be fewer than they were in the past.
  • When should you file for Social Security benefits using your employment history or the spouse who filed for divorce?
  • How much risk are you willing to take with your investments? As compared to when you were married, it can be very different.
  • Your assets and income are likely far less than they were when you were married. How would that change your budget?
  • Do you have a thorough financial plan that accounts for the possibility that you may have limited resources?
  • Do you have a strategy for keeping an eye on and modifying it?
  • Our specialists will respond to any queries you may have during the live webinar regarding alimony, child support, taxes, insurance, employee benefits, and estate planning.

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