Sense Check
Hi all,
I’m contemplating divorce and I just want an idea of what things will look like if I go through with it.
Both early 30s, married for 8 years this year, we have 2 children together who are 3 and 7 and my wife’s daughter is 11 who has always lived with us.
My salary was £40k until April 23, I got promoted and now earn £145k working full time. My wife works 2 days a week and her pro rata salary is £28k. We both qualified during the marriage, taking turns to be the ‘breadwinner’ whilst the other studied.
We bought a house last year. Current value about £330k, deposit funded entirely by an inheritance I received.
I would be pushing for shared care. We don’t have any assets except the house and less than 10k in savings. I have a DB pension I would continue to pay into which would be quite valuable by retirement.
We also have a number of debts, a joint loan and then credit cards in my name we used to pay for house improvements.
I see people sometimes talking about how the man ends up with nothing and I’m worried that after working so hard, that will be true for me. Can anyone give me a realistic indication of how things would be allocated in a situation where I had all three kids 50% of the time?