Do You Worry More About Your Retirement After Divorce?

retirement after divorce | Divorce  Support | Since My Divorce

Do you worry more about your retirement after your divorce?

It used to be that when I thought about retirement my focus was on how much I was saving, whether I was getting the maximum match I could from my employer and as long as those numbers were good, I didn’t give it much more thought.

Now I’m in my late fifties my focus has shifted. Now, I think about what retirement will actually mean, what it will look like and what sort of lifestyle my retirement savings will support. And yes, it’s a worry.

I’ve tried using calculators that project how much you need in savings to support your lifestyle and frankly have found them to be depressing and discouraging: the usual gap between the projections and my savings is so large it’s impossible to close so, “Why bother?”

I know that approach isn’t helpful … I know from my divorce work that the response is about fear and the best way I know to handle fear is to find out more information. So I was excited by the opportunity to preview an upcoming Public Television program Don’t Worry, Retire Happy™ .

The program’s philosophy is that most working Americans do HAVE the time, financial resources and courage to retire happy – we just need to figure out how and there are seven steps that host, Tom Hegna details. For sure, retirement these days isn’t the same as it was in our parents’ and grandparents’ eras: it’s more of a blurred line and we probably won’t reach a magical date and suddenly be retired. However, watching the program gave me a framework and some workable strategies for creating more a concrete plan.

One of those strategies is social security claiming strategies. I’ve heard about these a couple of times now through financial planners and know enough now to understand that the timing of when you start to claim benefits has a significant impact on the payout amount. Delaying the benefit as long as you can makes sense. If that’s not be an option, there are still other strategies for managing your retirement.

The message that Tom Hegna wants to get across is that Americans can define their own retirement, the way they want.

If you’re going through divorce and are concerned about what your financial settlement will mean for your retirement security or if you’re already divorced and are concerned about your retirement income planning, watching the Don’t Worry, Retire Happy™ TV special is a good investment of your time. Check your Public Television station for the schedule.

You can also visit the website to order the Don’t Worry, Retire Happy DVD and companion book.

This blog post on “Don’t Worry, Retire Happy™”: The 7 Steps to Retirement Security”, is sponsored by State Farm®. I accepted the opportunity to participate and want my readers to know that the opinions and statements expressed in this post are completely my own.

Are You Waiting Too Long To Start Dating After Divorce?

dating after divorce | divorce support | Since My Divorce

One common question about divorce is how long to wait before dating again. Some experts advocate waiting a year, while others, myself included, say it's up to you. Gregory Smith from MidLifeBachelor tells his readers to be careful of waiting too long to start dating after divorce. Gregory Smith was married and divorced in his twenties. Now in his fifties, he has not remarried, has enjoy several … [Continue reading...]

How And When Will You Learn From Your Divorce?

|divorce support| Since My Divorce, conflict, accountability, trying to change

[Continue reading...]

How Will Your Teenager Be Impacted By Your Divorce?

teenagers and divorce | divorce support | Since My Divorce

Most parents considering divorce are concerned about the reactions of their children. And that's a worry not just for parents with young children. It's important to consider how will your teenager be impacted by your divorce. Gregory Smith was divorced at age 26 but that wasn't his first experience of divorce. His parents' had divorced about ten years earlier. Here, Gregory reflects on the … [Continue reading...]

Men Can Be Victims Of Domestic Violence Too

domestic violence | Divorce support | Since My Divorce

People who are struggling to decide if divorce is right for them often do so because they don't feel they have a "legitimate reason." That debate changes when there's domestic abuse but it's still not an easy decision since abuse victims also blame themselves for the abuse and feel it's wrong to end the marriage when the problems are their fault. This isn't a problem just for women. Men are … [Continue reading...]

Are You Blaming Yourself For Your Spouse’s Infidelity?

infidelity support | divorce support | Since My Divorce

A very common reaction to the discovery of an affair is to start blaming yourself for your spouse's infidelity and yet most experts will say it's never the victim's fault. Gregory Smith's marriage ended after he discovered his wife was having an affair. While he no longer blames himself, he says there were things he could have done differently and understanding this has helped him in subsequent … [Continue reading...]

What Will You Learn From Your Spouse’s Infidelity?

learning from infidelity | divorce support | Since My Divorce

There is always learning in the end of a marriage provided you're interested in understanding what happened, why it happened and your role. So what will you learn from your spouse's infidelity?  Gregory Smith was 26 years-old when he divorced following his wife's affair. His marriage had lasted just over two years. Experiencing infidelity had a profound effect on Gregory, changing him … [Continue reading...]