Beware of These Three Hidden Costs of Divorce

People who are divorcing might not realize that dealing with health insurance, retirement accounts and real estate could add up fast financially.

The bride and groom on a wedding topper stand back to back on top of a stack of cash.
(Image credit: Getty Images)

Divorce is not only emotionally challenging, but also financially draining. It is often a time of emotional upheaval, resulting in stress and anxiety about the future. Financial costs can add to the overall stress of the situation. While you may expect that two households will cost more to maintain than one, there are less well-known related costs as well. You can make more informed decisions and prepare for the financial impact of divorce by understanding these hidden costs.

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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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Sara Stanich, CFP®, CDFA®, CEPA
Founder, Cultivating Wealth

Sara Stanich is a Certified Financial Planner practitioner, Certified Divorce Financial Analyst (CDFA), Certified Exit Planning Advisor (CEPA) and founder of Cultivating Wealth, an SEC-Registered Investment Adviser. Sara has been a financial adviser since 2007, which followed 12 years in marketing roles and an MBA from New York University. She is a frequent source for the financial press, and has been quoted in Investor’s Business Daily, U.S. News and World Report, and CBS News. After over 25 years in New York City, Sara recently moved to the beach with her husband, three kids and Labrador retriever. She frequently blogs at