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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 ...
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 ...
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% ...
If you get married or divorced later in life, maximizing your spousal or divorce benefits could help you enjoy a more financially secure retirement. The $ 22,924 Social Security bonus most ...
Divorce (also known as dissolution of marriage) is the process of terminating a marriage or marital union. [1] Divorce usually entails the canceling or reorganising of the legal duties and responsibilities of marriage, thus dissolving the bonds of matrimony between a married couple under the rule of law of the particular country or state.
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