Divorced in Retirement? 20 Ways to Maintain Your Financial Independence

9. Fund Your 401k

As long as you are still working — even if you are over age 70.5 — you can continue to fund your 401k plan, if your company offers one. A 401k can be one of the best ways to provide financial stability in retirement, because your money goes in on a pre-tax basis, your earnings grow tax-deferred, and you can often get a company match on at least a portion of your contributions. If your financial diagnostic indicates that you don’t need money in the immediate future, maximizing your 401k can pay long-term dividends.