Protecting Individuals, Families And Children Every Step Of The Way

For More Than 20 Years
  1. Home
  2.  » 
  3. Divorce
  4.  » Survey focuses on boomer-aged divorced women, money management

Survey focuses on boomer-aged divorced women, money management

Seemingly, there is nothing quite like a divorce to alter the perceptions of many women regarding money management during marriage.

A recent Bloomberg article visiting that topic and related matters employs the work “stark” to describe the difference in attitudes toward financial decision making between married and divorced women.

The Bloomberg piece spotlights survey findings culled from the answers of many hundreds of respondents. A central takeaway is this: Whereas a clear majority of women in ongoing marriages are not active in financial planning and seemingly content to leave investment decisions to their husbands, most divorced women regret not being more attuned to such matters during their married years.

What changed?

Pointedly, lots of things, beginning with “negative surprises” that many polled women say they discovered during the divorce process. Among other things, survey answers pointed to husbands’ “hidden spending, hidden debt and hidden accounts.”

Increasingly more baby-boomer aged divorced women are voicing concerns about personal finances and saving money because that demographic is divorcing at a historically high rate. For various reasons, many of those women conceded control and autonomy over money matters during long marriages to their spouses and now rue the fact.

Their desire to learn more as they embrace post-divorce life is notably positive, stresses Bloomberg, for at least two material reasons. First, repeat marriages for boomers have an even higher failure rate than do first-marriage divorces. And, second, women have longer life spans than men, which logically puts a focus on money matters in advancing years.

Archives

5 Star Reviews

A Superb Lawyer!

Lisa guided me through the divorce process and helped me obtain my desired outcome. Throughout the entire process, she helped make the process as painless as possible. Lisa is truly a super lawyer who will be an asset to anyone that utilizes her knowledge, experience, dedication and abilities!

– Eric E.

Successfully Settled My Case With Just One Court Appearance

My ex husband is an attorney and I knew I needed a top notch attorney on my side in order to secure a favorable outcome. In less than a month, from start to finish, Attorney Ruggieri successfully settled my case with just one court appearance.

– Carol K.

All Of The Online Reviews Of Attorney Lisa Ruggieri Are True!

All of the online reviews of Attorney Lisa Ruggieri are true! If you need top-notch legal advice to land you on your feet post-divorce, I would highly recommend the Law Offices of Lisa Ruggieri. Lisa is very knowledgeable and draws a strong line around defending and protecting her clients.

– Eugenia Z.

She Was Aggressive And Never Backed Down

I found Lisa through reviews and was not disappointed. Lisa and her staff were great! They were very supportive and explained everything. She was aggressive and never backed down, even when I wanted to settle. She always looked out for my best interest, even when I didn’t want to. I can’t recall a single debate she lost during the entire case. If I were ever in a similar situation again (which will not be anytime in the foreseeable future!), I would call Lisa.

– Erik T.