For those in their 40s, navigating finances should mean putting an emphasis on retirement [Video]

For 48-year-old Rowan Childs of Wisconsin, a recent divorce turned her financial life upside down.

“Initially, I was really nervous and had a lot of anxiety about it, but ultimately now I feel so much more empowered,” Childs told CBS News.

Like others in their 40s, Childs, who runs her own literacy nonprofit, was already anxious about juggling personal debt and putting away college tuition for her two children. She then joined the roughly half of married women around her age in the U.S. who have dealt with a divorce, a seismic event that can jeopardize retirement planning.

“That has completely changed my initial vision, you know?” Childs said. “…Where am I going to be in my 60s or my 70s or 80s?”

Childs said retirement wasn’t necessarily something she thought about when she was first married.  

“It was too …