Gray Divorce - Bourdon & Tortolero, PLLC

Untying the Knot: Gray Divorce and Life After 50

October 30, 2023

Divorcing after 50? You are not alone. Untying the knot later in life—known as “gray divorce”—is on the rise in the United States. In fact, research shows that the divorce rate among those over the age of 50 has nearly doubled since the 1990s. While divorce can be emotional and challenging at any age, gray divorce presents unique challenges.

Why Are You Divorcing?

Understanding the reasons for divorce provides valuable insight and can help you through the process. Some couples find that they have grown apart over the years, which often is only recognized once their children are grown and out of the house. Other couples discover that they want different lifestyles during their retirement years and choose to part ways to pursue their own paths forward. Gray divorce is a valid choice for those seeking happiness and personal growth.

Preparing for gray divorce

Financial considerations become particularly important during this stage in life, and gray divorce can have a significant financial impact. Take an inventory of your assets—retirement accounts, pensions, and real estate—as well as your debts. When you are married, you share many expenses. When you divorce, you each pay those expenses, so take that into consideration when you plan for a gray divorce. And don’t forget any potential impact on your social security benefits and health insurance.

Surround yourself with a circle of support

Self-care and emotional support are critical during this time. Gray divorce can have a significant

emotional impact, and many couples are unprepared for this transition after many years of marriage. It is common for couples to have shared friendships and activities, and these can become complicated when the couple divorces. Surround yourself with a circle of support, whether that includes close friends and family members or a support group.

A skilled family law attorney with experience in gray divorce can help you with this process, protect your rights, and ensure you receive a fair settlement.

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