Gray divorces, which involve individuals who are 50 and older, are on the rise. Divorces among other demographics have recently fallen. But for various reasons, those over 50 are now divorcing at a higher rate than before. There are several factors that have led to the increase in gray divorces.
Lifestyle changes
As the life expectancy for both men and women rises, many adults over 50 are thinking more about long-term happiness. In the past, divorce was seen in a negative light, especially for older adults. But in recent years, the stigma surrounding divorce is not as common. Men and women over 50 feel more comfortable getting divorced as societal views of divorce have changed.
Empty nesters may decide to make major lifestyle changes after their children move out of the family home. These changes often involve reevaluating what is most important. Many gray divorces often occur when a couple realizes that without their children around, they truly do not have much in common anymore.
Financial implications
A couple’s financial situation is typically one of the leading factors that contributes to their divorce. Some adults over 50 may realize that getting divorced will benefit them financially in the long run. On the other hand, some individuals who go through a gray divorce may struggle financially, have less earning power and not have sufficient retirement accounts.
Divorces are complicated and can cause confusion and hurt feelings for both parties involved. A divorce at any age can be challenging for many reasons. But gray divorces can be especially difficult because the couple may have important financial considerations to work through. Any couple in Connecticut who is considering divorce can seek legal counsel from an attorney with experience in family law. Sound legal advice can make the entire divorce process easier for everyone involved and increase the odds of achieving the best possible outcome.