Feldmeyer Financial Group

Financial Planning and Investment Management in Dayton, OH

937-907-6501

Post-Divorce Financial Planning

After your divorce is finalized, Feldmeyer Financial Group helps you build a financial plan for the next phase of your life.

Your income, assets, and goals have changed. What you need now is a plan built around where you are today.

What We Help With

Building a financial plan around your new income, assets, and goals

Understanding and implementing a QDRO (Qualified Domestic Relations Order) if your settlement divided a retirement account

Updating beneficiaries, insurance coverage, and estate documents

Budgeting for your new financial reality

Planning ahead for retirement, a home purchase, education costs, and other future goals

Getting Started

We start by looking at your full financial picture as it stands today: income, assets, expenses, and goals. From there, we build a plan that fits your new circumstances and adjust it as your life moves forward.

  1. Income
  2. Assets
  3. Expenses
  4. Goals

Key Takeaways

01

A financial plan for life after divorce should be built around your new income, assets, and goals, not your old ones.

02

Implementing a QDRO correctly affects how much of a divided retirement account you actually receive.

03

Updating beneficiaries and insurance is one of the most commonly overlooked steps after a divorce.

Frequently Asked Questions

When should I start post-divorce financial planning?

As soon as your divorce is finalized. Building a plan early helps you avoid common mistakes, like outdated beneficiaries, and gives you a clear picture of where you stand financially.

What is a QDRO and why does it matter?

A QDRO (Qualified Domestic Relations Order) is the legal order that allows a retirement account to be divided between spouses without triggering early withdrawal penalties. Getting it implemented correctly affects how much of the account you actually receive.

When should I update my beneficiaries after a divorce?

As soon as possible. Retirement accounts, life insurance, and other assets pass to whoever is named as beneficiary, regardless of what a divorce decree or will says. Outdated beneficiary designations are one of the most common post-divorce financial mistakes.

What’s the first step to rebuilding my finances after divorce?

Start with a clear picture of your current finances: income, expenses, assets, and debts. From there we can build a budget and a plan around your goals for this next stage of life.

Is this only for people who recently finalized a divorce?

No. We work with people right after their divorce is finalized, and with people years later who are ready to rebuild or reassess their financial plan.

Schedule a Consultation

Navigating a life transition? Learn more about Women’s Financial Strategies.

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If you’re still in the divorce process itself, our sister company, Alternative Divorce Solutions, brings financial planning into settlement discussions. Learn more at AlternativeDivorceSolutions.com.

Please note, the information provided is for informational purposes only and investors should determine for themselves whether a particular service or product is suitable for their investment needs. Please refer to the disclosure and offering documents for further information concerning specific products or services. Investments in securities entail risk and are not suitable for all investors. Past performance is not a guarantee of future returns.

OneSeven and Alternative Divorce Solutions are not affiliated entities.