What are the hardware specs on your iMac? Processor type and speed; RAM installed; video card. Those are available from "About this Mac..." also how full in your hard drive?
It is not uncommon for third-party software to break when a system update happens. In a perfect world, all software developers would be part of Apple's beta program and will have adjusted their products for an update before it is released. Obviously things are not perfect and we see reports of instability and slowdowns after updates.
Most affected is software that you never needed in the first place: anti-virus and so-called "cleaning/tune-up" apps. The interfere with the protections built into OSX anyway and, when an update occurs, it ca get worse.
Also check for LightRoom updates.