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Women over 50 have it especially harder. A 2020 study shows women can experience a 45% decline in their standard of living for gray divorce compared to a 21% decline for men.
Grey divorce [1] is the demographic trend of an increasing divorce rate for older ("grey-haired") couples in long-lasting marriages, a term typically used for people over 50. Those who divorce may be called silver splitters. [2] Divorcing late in life can cause financial difficulties.
“Grey divorces” – defined as divorces among those age 50 and older – have skyrocketed in the past 30 years, according to a 2022 study from The Journals of Gerontology by I-Fen Lin and ...
Divorce laws have changed a great deal over the last few centuries. [10] Many of the grounds for divorce available in the United States today are rooted in the policies instated by early British rule. [11] Following the American Colonies' independence, each settlement generally determined its own acceptable grounds for divorce. [12]
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 ...
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 ...
Remarriage is a marriage that takes place after a previous marital union has ended, as through divorce or widowhood.Some individuals are more likely to remarry than others; the likelihood can differ based on previous relationship status (e.g. divorced vs. widowed), level of interest in establishing a new romantic relationship, gender, culture, and age among other factors.
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