Newsletter • Quarter 1 • 2026
Reset your savings goals after a divorce
Divorce can have a major impact on your finances
If a divorce order requires that part of your retirement savings be paid to your former spouse, your total retirement savings can be reduced by a large amount.
This can be discouraging, but it is important to remember that your retirement journey does not end there. With a clear plan and consistent saving, you can rebuild your savings over time.
How divorce affects your retirement savings
When a divorce order includes a claim against your retirement savings, the Fund must pay the specified portion to the spouse.
- Retirement savings are considered part of the joint estate and may be divided during a divorce.
- The amount paid to your spouse reduces your total retirement savings.
- This means you may need to save more to reach your retirement goals.
Reset your savings goals
- After a divorce, review your financial situation and adjust your savings goals.
- Speak to a qualified financial adviser. They can help you calculate how much you should save.
- Stay on track with your savings. Remember the power of compound interest, where your interest earns interest.
- You can also increase your savings by making Additional Voluntary Contributions.
Rebuild your savings over time
Building your retirement savings takes time, but small steps all add up. Even a modest increase in your monthly contributions can help increase your savings and put you back on track.
AFTER you GET divorced, RESET YOUR SAVINGS GOALS.
A clear financial path will give you confidence in your future.