Quote of the Week: Divorce Rates Surging for Age 50+ Adults

“While the overall divorce rate in the United States has decreased since 1990, it has doubled for those over age 50.

Reasons vary: Longer lives mean more years with an incompatible spouse; no kids to use as a reason to stay together; less stigma about splitting; more women working, some outearning their spouses; and a remarriage failure rate of 60 percent.

The surge has spawned the term “gray divorce.”

Sally Abrahms, AARP Bulletin, June 2012, “Life After Divorce”

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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