In recent years, the landscape of divorce has shifted dramatically. The increase in gray divorce has garnered attention from many directions, and for good reason. For aging couples, understanding the facts about gray divorce is important as you decide on the right path forward for your situation.
There are several things to know about the gray divorce revolution.
Increasing prevalence of gray divorce
Statistics show that divorce rates have increased among those aged 50 and over. In fact, in 2019, 36% of divorces filed were among couples aged 50 and older. This phenomenon has given rise to questions about the factors contributing to the increase and the societal implications of these late-life separations.
Economic independence
One prevailing factor in gray divorce is economic independence. Couples in their 50s and beyond are more financially self-sufficient than in generations before. This independence allows individuals to make major life decisions, such as divorce, without fear of financial insecurity.
Longer life expectancy
Longer life expectancies contribute to the rise in gray divorce. As couples start living longer, they might reevaluate their goals and desires, seeking new opportunities in ways that they might not have done before.
The increase in gray divorce highlights the change in society’s perception of aging and relationships. Understanding the factors that contribute to this trend can help you determine if divorce is the right path for you and your family. Whether you are struggling with empty nest challenges or just want to pursue other avenues for your retirement years, gray divorce offers you an opportunity to embrace the life you have envisioned at any stage.