Financial Confidence in Divorced Women Is on the Rise

Just over 1 million women get divorced annually. And while the impact on family life is one of the biggest changes that divorcees will go through, there's no doubt finances also go through dramatic change. Navigating division of assets, exploring changing health care options, understanding the impact on taxes and more can certainly be challenging. Not to mention throwing off even some of the best-laid financial plans, like retirement.

While 57% of women say that divorce was a wake-up call for them from a financial standpoint,*, divorced women are feeling better about their finances than they were a few years ago. In addition, financial confidence among divorced women seems to rise the longer they have been divorced.