Without a doubt, divorce can wreck havoc on your finances. Many people are not aware of the financial benefits in which they are entitled following divorce. When it comes to social security, it really depends on how long you were married. If you and your ex were married for at least 10 years, then you are actually entitled to half of their social security income as long as you are not remarried. Both parties need to be at least 62 years old and also need to consider that taking money out early will yield smaller payments.