Getting Divorced, what is best for me financially? Keeping or selling our house? Hello I (52F) am getting divorced. My husband has cheated on my repeatedly throughout our marriage and because our two children are out of the house (18F & 20F) I’m finally filing for divorce. We have both been working for over twenty years. I make about 200K a year and he makes about 120K a year. We bought our house following the financial cris…

Getting divorced and struggling to plan new budget This is a mess. My wife cheated, and we were trying make it work, but it’s become clear that things just aren’t going to work between us anymore. We’re getting her moved out, which should be a step in the right direction in theory, but in reality means my rent just jumped from ~25% of my monthly income to ~50%. I’m in a pretty rough place and I …

Divorced parented dad having an issue with taxes here… The ex and I got divorced several years ago. In our divorce decree it is ordered that we alternate tax claims for our child. This is the year where it’s my turn to claim her as a dependent. We are both custodial parents and have 50/50 custody and complete 50/50 joint decision making. Anyways… I was using freetaxusa for the first time ever, and…

Getting divorced, poured everything into a house now getting a check to leave. So I’m in the middles of a divorce and have been contemplating what to do with the splitting of assets. I have a nice 401k and a little savings. I’m wondering if it will just be smarter to take the money I receive from selling our house, which is a couple of months away, and put it into an investment fund. Something like one of the fidelity fund…

Divorced and rebuilding (Disclaimer: My username has nothing to do with my career or expertise. I am neither proud, an accountant, or 119 in real life.) So my ex-wife and I recently split. We had been saving up to buy a property, but most of those savings got consumed in legal fees, moving fees, and other 1-time garbage associated with the divorce. I moved back in with…

Recently divorced mom, needs a plan Went through a divorce 2 years ago. Not amicable. Was left with a lot of debt I’m just paying off. I need a plan for the future. I have two kids one in High School and one in Middle School. I have the house, he took the retirement. I have 14 months to refinance in my name only or sell. The home is currently under a 2.8% interest rate. I’ve appli…

Getting divorced – is trying to keep my house worth it? I am trying to see about being able to keep my house with a deadline to buy out my husband through a sale or refinancing in 5 years. Current value of home is about $900K The amount to buy him out now is about $250K (he made the down payment) My equity in the home is about $50K at the current value if we sell Outstanding mortgage is $600K at 2.7…

Divorced,11 years from retirement, pondering renting vs buying I am 56, divorced over a year, currently renting as we sold our house in 2022. My income will always be modest, but I live within my means. Rent $1300, no car payment, no debt payments. Clothes are thrifted and I don’t eat out or go to bars. I have money in the bank and an IRA. I am trying to figure out a good path going forward and one of those…

Thinking of getting divorced, need finance advice I’m thinking of getting divorced from my wife. We have 1 son (9). We are currently a single-income family. I need to have them live in our house and find a new living situation for myself (might move in with my friend & pay rent for now). Here’s our situation; Assets we have combined $50,000 in liquid cash A Roth IRA worth around $420K A fixed …

‘Phineas and Ferb’ — “All the Convoluted Reasons We Pretend to be Divorced” submitted by /u/RealJohnGillman

Just divorced and how to pay lawyer with settlement I have just received my divorce settlement. I’m 57, don’t work and was a SAHM. I need to pay my lawyer approximately 48k and will need to cash out something but what do you recommend? I received about 1 million in 401k, 200k in etrade and 100k in Wells Fargo securities. I live in the home with mortgage and all its bills paid by X (my spousal sup…

My divorced father has no money and I’m worried for his financial security I realize this isn’t technically about me, but my father’s financial situation is really starting to worry me and I didn’t know where else to go. My father is in his early 60s, divorced, and has no money. My parents got divorced a few years ago. It wasn’t messy, it was a long time coming, but my father made all the wrong decisions afterwards. Af…

Financially dependent on husband, now getting divorced After a few up and down months, my husband has asked for a divorce. He threw a lowball offer at me to just walk and he said that I would be getting more by taking this and not getting attorneys involved. My mind has been racing because he and I haven’t been able to sit down and actually talk about the next steps forward because he is convenient…

Fran Drescher (The Nanny, Happily Divorced) Speech https://twitter.com/Phil_Lewis_/status/1679573122767306752 I had no idea she was a SAG-AFTRA president, or still working at all really. If you don’t have time to watch, here are some pull quotes: “How they plead poverty that they are losing money left and right when they give $100 millions to their CEOs.” “If we don’t stand tall right now, we …