Your divorce is final. Now what? For women in particular, managing the details and preparing a new personal finance plan presents challenges and opportunities. Join Robert Powell, Editor-in-Chief of Daily retreat on TheStreet for a free webinar featuring leading divorce and financial planning experts to explain the next steps and answer your questions during this live event: Women, Divorce and Retirement: Creating Your New Personal Finance Plan.
Divorce and retirement planning experts Amy Shepard, partner of Sensible Money; Rick Fingerman, Managing Partner of Financial Planning Solutions; and Katie Marsden, Wealth Advisor at Buckingham Strategic Wealth, discuss what divorcees need to consider when it comes to their financial and retirement plans.
Why is it important for you to attend this webinar? According to the Pension Rights Center, divorced women over 65 are significantly more likely to live in poverty than their married counterparts.
And we want to help you avoid that.
Many have a mountain of questions about asset distribution, housing, budgeting, work and social security, as well as the impact of family obligations, workplace equity issues and the gap remuneration between the sexes on their planning and their needs.
Women, Divorce and Retirement: Creating Your New Personal Finance Plan: Register here for this free event, scheduled for 1 p.m. EST on Wednesday, November 16.
In this webinar, our experts will discuss everything you need to know about divorce, including the following topics:
- What is the best way to distribute retirement assets?
- How can you get what is called a Qualified Domestic Relations Order or QDRO? The QDRO must be signed by a judge, and accepted and approved by the pension plan. But many women can’t access the benefits granted to them by a divorce decree because, according to the Pension Rights Center, they don’t know how to get a QDRO, can’t get one, get an order that isn’t not accepted by the plan or are unable to navigate the procedures for submitting the order to a pension plan.
- Should you sell your main residence?
- How much should you save for your retirement? Since your retirement assets may be lower than they were before, it’s important to continue saving if possible to help you reach your retirement goals.
- When to apply for Social Security on the basis of your professional file or that of the divorced spouse?
- What is your risk tolerance in relation to your investments? It may be very different from what you were when you were married.
- Your income and assets are probably much smaller than when you were married. How will this affect your financial plan?
- Do you have a comprehensive financial plan that takes into account that you may have fewer financial resources?
- Do you have a plan to monitor and adjust your plan?
- During the live webinar, our experts will also answer questions you may have on these topics, as well as alimony, child support, taxes, insurance, benefits, and estate planning.
If you’re recently divorced or in the process of divorcing, you won’t want to miss this free webinar produced by Retirement Daily on TheStreet. Register here.