"Rising 'Gray Divorce' Trends: Financial and Housing Challenges for Older Adults"
TL;DR Summary
The rate of "gray divorce" among adults aged 50 and older has doubled since the 1990s, with women facing greater financial implications than men due to income drops and limited time to recover savings. Women can protect themselves by taking an active role in household finances, ensuring access to their own funds, strategically claiming Social Security, saving alimony, and considering legal agreements like prenuptial or postnuptial agreements.
- 'Gray divorce' has doubled since the '90s — and the financial risk is high for women CNBC
- Grey divorce is on the rise with more Australian couples splitting after the age of 50 than ever before ABC News
- A new worry for people getting divorced after 50? Where to live in a tight housing market. Morningstar
- Gray divorce: Rate of splits among older adults have doubled in recent years WKRC TV Cincinnati
- A new worry for people getting divorced after 50? The housing market. MarketWatch
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