Divorce is never a happy time for anybody, and life after divorce for women can be far worse for them than for men when dollars and cents issues are looked at.
Of course, the emotional toll of divorce is incalculable on both partners, but there are black and white dollar figures which can illustrate the financial costs on both parties, and the outcome is generally far worse for women.
So, to best answer the question, does divorce mean devastation, let’s break down what some of the financial consequences of divorce are.
The statistics are there
Just about every bit of research on the financial effects of divorce on women points to worse outcomes than the financial pictures for men.
Life after divorce for women is certainly no bed of roses, and the consequences of divorce can be far-reaching. But does divorce mean devastation and financial instability for women?