High-stakes risks in the exit process of divorce affect income longevity and net worth for life after divorce. The research on risk tolerance related to divorce choice and risk-sharing gained in marriage finds that women are less tolerant to risk than men prior to marriage. In marriage, men become less risk tolerant and women become more risk tolerant as a result of risk-sharing. However, the reallocation of this shared risk to individual spouses during divorce has yet to be examined. Each ex-spouse must navigate a new financial position and separate risk after settlement, making the divorce exit process an important time to examine financial decisions and individual risk tolerance.