Gray divorce, or the dissolution of marriage among older adults, can have significant implications for the standard of living of both men and women. As couples near retirement age, divorce can disrupt long-standing financial arrangements. It can also alter retirement...
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Divorce challenges for older adults and their families
Navigating a divorce is always complex, but when adults aged 50 or older decide to part ways, the challenges take on a unique dimension. The impact extends beyond the individuals involved, affecting their families as well. You can prepare for possible repercussions...
4 common reasons for gray divorce
Although divorce can occur at any stage of life, the prevalence of divorce after age 50 is increasing. Often called a gray divorce, the end of a marriage late in life brings new challenges and may have different motivators than divorce in early adulthood. There are a...
Can mediation benefit older adults?
The statistics for divorce constantly fluctuate, but some things remain the same over time. This includes the increased rate of divorce in couples aged 50 and older. Though many older couples may initially consider taking their case to court, mediation could...
3 challenges you might face in your gray divorce
Divorce among older couples, also known as gray divorce, has become more common in recent years. Longer lifespans and changing social norms have contributed to the rise in gray divorces. Many of the challenges of divorce are similar regardless of age. However, if you...
Divorce may affect retirement plans and Social Security benefits
Older couples separating in Colorado may view their divorce as an incentive to plan for their future. Under Colorado’s equitable distribution laws, nonworking spouses have a right to receive a fair share of their working spouses’ retirement plans. As noted by Forbes,...
How may a divorce involving older adults differ from others?
Divorces between couples over age 50 and married for several years could involve complex issues. The complexity often stems from an accumulation of assets. When considering a retirement strategy, property division may become a priority issue. Under Colorado's...
Why is gray divorce more common now?
Gray divorce occurs in individuals over the age of 55. The name comes from the hair color of older adults. In the past, divorce was not common among older generations for various reasons. However, in recent years, gray divorce is becoming more common. Business Insider...
How does grey divorce differ from other age groups?
As an older divorcing couple, you may have heard that your divorce will likely go different than those of your younger peers. But just how different are you looking at? Grey divorcees like you often face unique hurdles and struggles that younger couples may not even...
What are struggles grey divorcees may face?
Grey divorce is a term used to describe couples aged 50 and over who get a divorce. Grey divorce has steadily been on the rise in recent years and the trend does not seem to be slowing down. Experts have a lot to say on the matter. They discuss potential reasons why...