Don't Let a 'Gray Divorce' Keep You From Your Retirement Dreams

Going through a divorce can be emotionally and financially draining no matter your age.

People tend to worry more about young couples with small children and their security. However, divorce can be just as tough on older couples -- especially if they've been married for years and have tightly tied together their assets and their future plans.

Although divorce rates are falling for Americans overall, "gray divorce" is on the rise. According to the Pew Research Center, among U.S. adults 50 and older, the since the 1990s. Though second marriages and shorter marriages are most at risk, according to Pew, "a significant share of gray divorces do occur among couples who have been married for 30 years

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger7 min readSociety
5 Signs the Stock Market Has Reached a Tipping Point
An old investment saw goes like this: "Market tops are processes, bottoms are events." This means that in the stock market, it takes time for all the moving parts to top out and head lower. It's usually a gradual affair, unlike major bottom that are
Kiplinger5 min readPolitics
Year-End Financial Checklist to Prevent Tax Penalties and Missed Planning Opportunities
As you approach the end of the calendar year, there are many financial deadlines and cutoffs that you may not be aware of. From minimum distributions to annual gifting exemptions to tax-loss harvesting, there are more annual rules and limitations tha
Kiplinger3 min readScience
Hate Math? Your Retirement Could Be at Risk
You may not have heard of math anxiety, but let me assure you, it is real. Defined as a "negative emotional reaction to mathematics," math anxiety is an extreme feeling of nervousness that some individuals experience when faced with performing tasks