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Money and Finances
Reply to "Post-Divorce Fianancial Tune Up"
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[quote=Anonymous]I had to pay a settlement and alimony to my spouse, so I lost a chunk of my retirement and savings. I'm 33 yo and have no children. What would you do with these finances after divorce? How much should I save every month? Should I sell the rental property? Starting again with this: Annual income: $110,000 IRA and 401k: $80,000 Savings Acct (Emergency): $30,000 Rental income monthly: $2400 Expenses - Primary mortgage monthly : $1700 Rental property mortgage monthly : $1500 Clothes and personal monthly: $250 Groceries and gas monthly: $800 Bills monthly, including student loans: $700[/quote]
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