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A 2021 study from The Journals of Gerontology finds that women 50 and older who divorce experience a 45% decline in their standard of living, compared to 21% for men, and Pew finds they are more ...
Silver splitters have less than a 50% chance of remarrying; about one in five women will remarry, and about two out of five men. [11] Possible causes for a higher rate of divorce among older people include the increase in human longevity, the cultural values of Baby Boomers, and women's increasing financial independence as potential causes. [8]
Divorces among middle-aged and elderly people pose a higher financial risk to women.. In stark contrast to reports indicating that divorce rates among young adults are on the decline, researchers ...
Lenore Weitzman's 1985 book The Divorce Revolution, using data from California in 1977-78, reported that one year after divorce, the standard of living for women declined 73%, compared with an increase of 42% for men. Richard Peterson calls Weitzman's methodology into question, using the same data to calculate a 27% decrease for women and a 10% ...
More couples are divorcing after age 50 than ever before. While divorce rates have declined among adults in their 20s and 30s, the divorce rate between 1990 and 2010 doubled for couples over 50 ...
For example, Jen just turned 39 and, after a decade of marriage, her husband Ben decided to file for divorce. They don’t have any children, but she used up her savings for a down payment on a ...
Image source: Getty Images. 1. Understand how the divorce will affect your current retirement assets. If you and your ex already have some retirement savings, you'll have to decide how to divide ...
After getting divorced, the writer struggled with finances, planning for retirement, and going grocery shopping. They leaned on friends for support. After my divorce at 40, I struggled to do ...
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