Your Financial Future:
Divorce & Widowhood
Both divorce and widowhood can be extremely emotional and oftentimes unexpected events in a woman's life. The difficulties are often further compounded by the practical issues that arise during these transitional periods. WISER has developed various resources to help make this time a bit less stressful and to help newly divorced or widowed women make smart and informed financial decisions.
Divorce and Retirement:
WISER and SAGE's National Resource Center on LGBT Aging developed a series of resources for managing your finances through marriage, divorce and widowhood:
RESEARCH: Survey of Recent Widows
In 2013, The Women's Institute for a Secure Retirement (WISER) partnered with research company Greenwald & Associates to look into the financial readiness and economic aftermath of women who experience widowhood. The result was an online survey of 246 women who were widowed within the past five years. The respondents were all ages 70 and under, and had financial assets ranging from $50,000 to $1 million. The research was funded by the American Council of Life Insurers.
Further information on Social Security benefits for Widows and Divorced Spouses is available from the Social Security Administration:
Widows (also referred to as Survivors):Social Security Benefit Amounts For The Surviving Spouse By Year Of Birth
For more resources on Divorce and Widowhood, click here.
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- Widowhood: Why Women Need to Talk About This Issue
- Spousal Protections in Pensions and Other Retirement Plans
- 7 Key Questions You Need to Ask BEFORE Your Divorce is Finalized
- IRAs and Divorce
- Social Security and Divorce: What You Need to Know
- Credit and Divorce
- 10 Ways to Avoid Losing the Pension During a Divorce: Important questions to ask your lawyer
- Widows and Widowhood
- Widow's Checklist
- Rights of Surviving Spouses
- Pensions and Divorce
- 12 Mistakes Lawyers Make Preparing Pension Orders During a Divorce