What Is a Lifestyle Analysis in Divorce?

Divorcing high-net-worth couples, especially those in a gray divorce, often require a lifestyle analysis to determine how much spousal support is appropriate.

An advisor and a man go over paperwork while sitting at a conference table in an office.
(Image credit: Getty Images)

Editor’s note: This is part four of an ongoing series throughout this year focused on helping older adults navigate the financial difficulties of gray divorce. See below for links to the other articles in the series.

In a recent article in this series on gray divorce, I discussed the importance of preparing a budget as a key component of financial planning in divorce. This month, I'd like to kick it up a notch and focus on what’s known as a lifestyle analysis, or what some in the divorce community call “a budget on steroids.

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Andrew Hatherley, CDFA®, CRPC®
Founder, Transcend Retirement, LLC & Wiser Divorce Solutions, LLC

Andrew Hatherley is the founder of Transcend Retirement, LLC and Wiser Divorce Solutions, LLC and the host of The Gray Divorce Podcast. After going through his own mid-life divorce, Andrew decided to help other people avoid the financial and emotional stress so common to the process. He earned the designation Certified Divorce Financial Analyst® and is trained in mediation and Collaborative Divorce. He is also a member of the Amicable Divorce Network.