“Gray divorce” refers to couples 50 and older. To provide crucial financial information to gray divorce couples and their families
Alimony Can Be the Most Shocking Point in Gray Divorce – Number 2 in the series on Gray Divorce
Can the Gray Divorce Be a Perfect Financial Storm? How to prepare and protect your financial well-being during and after divorce.
After a divorce, some women feel confident and ready to take over all the finances. Others feel uncertain, after years of delegating this job to a spouse.
On September 21, Advice Chaser will host a webinar titled, “Starting Over After 50: Financial Principles for Divorced Women.”
Gray divorce has a disproportionate financial impact on many soon-to-be retirees since the division of assets happens closer in time, or during retirement.
Every 10 seconds a Boomer turns 60 years old. And if you are over the age of 50, you share the risk of divorce, which has doubled in its rate for first-time long-term marriages in the last decade.
Every 10 seconds a Boomer turns 60 years old. Gray divorce is what many boomers face. Among U.S. adults over age 50, the divorce rate has doubled since 1994. Contrary to expectations, long term marriages are not immune to divorce and the largest increase (55%) is in first time marriages of over 20 years. With transition and the uncertainty of a divorce outcome, being able to meet one’s needs and protect wealth are the two priorities expressed most often by older individuals who divorce.