Bloomberg Businessweek

IT’S NOT JUST BRANGELINA

Americans 50 and older are divorcing in greater numbers, jeopardizing their retirement | “Savings you’ve accumulated must be divided, leaving each spouse with less”

Barbara Ballinger panicked when her husband of 29 years told her he wanted a divorce. At 51, she hadn’t seen the end of her marriage coming and wasn’t prepared to cover half the expenses for their five-bedroom home in a St. Louis suburb, their two daughters’ college tuitions, car and home insurance, and other necessities. She’d always worked, as a writer, but “he earned as a corporate attorney more than five times what I did,” says Ballinger, who is now 67.

She began clipping grocery coupons, eliminated Starbucks lattes and meals out, put off home repairs, and made fewer

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