Divorced in Retirement? 20 Ways to Maintain Your Financial Independence

1. Run a Financial Diagnostic

You can’t start any financial process without knowing where you stand. A financial diagnostic will outline what you have, what you need, and where you should be heading. Begin by collecting data on all of your accounts, from your checking and savings accounts to your brokerage accounts, IRAs, 401k plans, or other retirement accounts you might have, such as a 403b or 457.

On the other side of the ledger, include your liabilities, such as your home mortgage, credit card debts, auto loans, personal loans, or other money you owe. These documents form the basis of your financial planning.