Financial Mistakes Made During Divorce

What kinds of financial mistakes do people make amidst a divorce? If you find yourself facing a divorce, there are some financial things you will want to be aware of as you move forward.

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Things You’ll Learn Along Today’s Journey

What kinds of financial mistakes do people make amidst a divorce? If you find yourself facing a divorce, there are some financial things you will want to be aware of as you move forward. From how to divvy up assets in a way that is financially sound to dealing with your emotions, there’s a lot to keep in mind. Have you considered the tax implications in the future of the different retirement accounts? Do you have clarity on what is really in your best interests or are you simply looking for the path of least resistance?

Having a financial advisor walk you through the different dynamics of your assets and your plan post-divorce can help remove some of the guesswork or overly emotions-driven decisions. While divorce is often complicated and challenging, working with a professional to help guide you through the financial side of things can take one major thing off your plate.


Here’s some of what we discuss in this episode:

  • Choosing the house over other financial assets.
  • Don’t ignore tax implications of retirement funds.
  • Rolling a spouse’s retirement account directly into an IRA.
  • Your emotions can cloud your decision-making.
  • How does an advisor help a couple getting a divorce?


Looking Back From The Mountaintop


Facing Financial Villains

Movie villains are usually pretty easy to identify with their ominous music, masks, and often dark clothing. In the financial world, some of the villains can be a bit harder to spot. We talk about some of the most infamous movie villains and share what they have in common with some of the dark and scary things financially speaking. From the Wicked Witch of the West and her flying monkeys to the hardships that inflation can cause, which of these villains are you ready to face head-on?


Important Ages in Retirement

What are the milestone moments you face in retirement as you age? Today, we talk about some of the ages to keep in mind and why they are important as you reach each one. Whether you are a few years off or if you are right in the middle of these, thinking through what you should be doing with the money can make a huge impact in your financial life.


Portfolio Expectations

What are your portfolio expectations? Are they too high? Today we talk through an article that shares investor expectations on their portfolio and why, in many cases, they are higher than they should be.



For over a decade, Sean Lee has helped families reach and maintain their financial goals. As a trusted advisor, he coaches and assists his clients with their financial goals by focusing on the fundamentals and takes a practical and personal approach when working with them.

As a trusted professional in Utah, Sean has been featured in The Wall Street Journal’s Market Watch, The Deseret News, The Salt Lake Tribune and USA Today. He has also been featured as a local financial advisor on Utah’s NBC station, KSL 5.

Questions for Sean?



(801) 639-0095

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