Financial Confidence in Divorced Women Is on the Rise

There is a correlation between a rise in financial confidence and the length of time that a woman has been divorced. What that means for divorcees, and what all women can learn from their personal growth.

(Image credit: Vesna Andjic)

Just over 1 million women get divorced annually. And while the impact on family life is one of the biggest changes that divorcees will go through, there’s no doubt finances also go through dramatic change. Navigating division of assets, exploring changing health care options, understanding the impact on taxes and more can certainly be challenging. Not to mention throwing off even some of the best-laid financial plans, like retirement.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Kelly LaVigne, J.D.
Vice President, Advanced Markets, Allianz Life

Kelly LaVigne is vice president of advanced markets for Allianz Life Insurance Co., where he is responsible for the development of programs that assist financial professionals in serving clients with retirement, estate planning and tax-related strategies.