Gray divorce (divorce after age 50)

Keeping some green in gray divorce Image result for gray divorce images

by Sarah Skidmore Sell, Associated Press

September 7, 2016

“Divorce can be painful–emotionally and financially–for anyone.  But when the split happens later in life, the less time you have to recover from the economic hit. And, the more is at stake.

A growing number of older adults are facing this problem:  the divorce rate among U.S. adults ages 50 and older doubled between 1990 and 2010, according to a study out of Bowling Green State University.  About one in four divorces includes someone over 50.  Susan Brown, who led the research, says a review of the data through 2014 found the rates have stayed about the same in subsequent years.

Reasons for the rise include longer lifespans, more women in the workforce, the changing notion about marriage and higher rates of remarriage, which boost your odds of splitting.

We asked a few experts to weight in on what to do when divorce suddenly becomes part of your retirement plan.”

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