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 Building a plan early helps you avoid common mistakes, like outdated beneficiaries, and gives you a clear picture of where you stand financially.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 Outdated beneficiary designations are one of the most common post-divorce financial mistakes.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.