Divorce is emotionally difficult for all parties, but women tend to make mistakes that hurt them financially, too. Sometimes they agree to terms just to end the challenging process, according to advisers who work with divorcing clients. Some of these slip-ups aren’t just made by women, but tend to be made by the spouse who earns less. And while it’s shifting, today that’s still often women.
Sources: Robert Henderson, president of Lansdowne Wealth Management; Chris Chen, wealth strategist at Insight Financial Strategists; and Justin Reckers, chief executive of Wellspring Divorce Advisors.