During your divorce negotiations and agreement, your spouse likely got half or at least part of your retirement savings, leaving you with a huge dent in the money you thought you had saved.

DaveRamsey.com explains that what happens after your divorce depends on how your finances look now.

Same income, different obligations

The issue you will probably run into after your divorce is that your financial obligations have changed. You may have to now pay child and spousal support. You have to pay all the living expenses on your own as well.

Your finances will not look like they did during your marriage or even right after you separated during the divorce. You will need to do an inventory of your expenses to figure out how much money you have to devote to rebuilding your retirement accounts.

Review what you have

You will also need to go over your remaining retirement assets. You will want to check balances and decide if you need to make changes to your investments.

You will need to devise a new savings and investment plan that will allow you to reach your retirement goals in time. However, it also has to fit within the parameters of your new financial situation.

You may need to work with a financial planner to determine your next steps. This is especially true if you do not have a lot of experience with managing the money in your household, including your retirement accounts. It is important that you understand everything so that you can get back on the right track.