Losing a life partner is not easy, whether that loss comes through death or divorce. Many widows, widowers, and divorcees may not know how to handle their money as single individuals. Questions may include:
- Do I have enough money to support myself and my children?
- Can I afford to retire?
- How do I plan for my financial future?
- Do I need to return to work or change careers?
- How much and what can I splurge on without damaging my principal?
You may need to consider your cash flow—how your expenses measure with your income—among other issues. We’ve helped many “suddenly single” women and men plan their financial futures.