What Was The Financial Cost Of Your Divorce?

[Puffin StuffParticipant 24979]

Luckily I was married twice but one was 6 years when I was young and had no money. The other was when I was older but only lasted 4 years.

So, my retirement is intact and I was able to retire at 54.

My ex retired when she was 31 after marrying Mr. Moneybags.

At least I didn’t have children with a dumb girl. She ended up on top.

The reason why? Pussy. Mr. Moneybags is a totally pussy whipped baby boomer who likes whores. He met my ex while she was working as a whore for him on a session in LA.

Did I mention that she was exceptionally good in bed?

#icethemout; Remember Thomas Ball. He died for your children.

[Jack HarperParticipant 2863]

I think we’ve had threads like this before. But for me:

Attorneys: about $25K

Child support plus insurance and half of medical expenses each month for two kids: about $1,500 a month.

When it’s all said and done I’ve calculated it out that it will have cost me just over $300K by the time my youngest is 18. And that’s if I do not help them with higher education costs.

And keep in mind my attorney and others have said I got one of the best divorce settlements they’ve seen a man actually get.

I did actually negotiate child support down from what it could have been.

[FrostByteParticipant 19005]

Total about 500k for me. That’s not counting the ~350k Insurance spent on health issues I most likely got from the stress on the long drawn-out divorce proceedings, or the misc costs of running in circles to protect yourself with paperwork, trips to lawyers etc.

If you rescue a damsel in distress, all you will get is a distressed damsel.

[Prefer Peace to PieceParticipant 10809]

Well, financially it cost me around 300k.

The bigger cost was the emotional distress.

It won’t happen again. I kind of share Gargamel’s thoughts on this.

[HermitParticipant]

Mine wasn’t too devastating. We shared a lawyer and split the fee, so it was only about $750.00 each………plus a $25.00 consultation fee with MY lawyer to make sure OUR lawyer wasn’t screwing me. Around $2,000.00 child support. Plus having to buy a new house and start all over. Had to sell my fishing boat ’cause I needed the cash. Also took about $12,000.00 total out of my retirement until I could get financially stable again and had to pay penalty taxes on that.

Could have been a lot worse. She wanted half my retirement and alimony and much higher child support payments. I told her I could not afford all that and she let me off the hook. This was her 4th divorce and she knew how messy and nasty it could be so she decided to make it easier for both of us.

The evil in women’s hearts leaves them no moral bounds as to inhibit them from descending to the lowest levels of darkness to acquire their self entitled desires.

[narwhalParticipant]

I don’t think of it that way. My finances were in a downward spiral while married, with no solution in sight. I had a dependent on the books who costs I had no authority to control. Divorce cost quite a bit for sure, but it absolutely stopped the bleeding and allowed me to recover, much quicker than I actually thought possible.

Yes, my income is significantly higher and that matters tremendously. But that extra dependent would be still sucking it up if I was still married. I know longer am responsible for the costs, future retirement, and medical expenses for her.

Divorce saved me money in the long run, not even close. In a way, whether you are married in the middle of divorce, she owns half of everything.

Ok. Then do it.

[LonestarParticipant 333]

I’ve looked at this many times. 12K lawyer fees, 20K settlement to the EX. Child support was 900/mo X 15 years so 162K.

I don’t have too much heartburn over the child support. If I had to hire a nanny to look after my son it would be more expensive than 900/mo.

I feel blessed that I got out as early as I did. It probably took 5 years to repair the financial damage. I retired at 55, the Ex is still working, and will be until she drops or hits the loto.

So often times it happens that we live our lives in chains and we never even know we have the key. Eagles

[Author]

Posts