Wednesday, October 10, 2018

“Gray Divorce”

From Return to Order:
Although it is not new, a trend called “Gray Divorce” is growing. Charles Schwab’s Advisor Services recently ran an article in which they point out that, “People are living longer, and divorces after age 50 are happening at twice the rate they did just a generation ago.” This statement is based on a Pew Foundation study of the marriage patterns of those over fifty years of age. Many who divorce late in life believe that their work is finished. They tell themselves that they have endured an unhappy marriage until the children were raised. “Looking out for number one” becomes the order of the day.
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