Why “gray divorce” is booming

“Gray divorce” is a term that came into use n the early 21st century. It refers to divorce among people aged 50 and over. Books and studies on the subject have been published, and according to the AARP, the rate of 50+ divorces appears to be increasing. Is grey divorce simply a function of the Baby Boomer generation getting older? Or is there more to this phenomenon?

Generally speaking, there are many reasons that people divorce. Similarly, people stay together for many reasons. Over a generation or two, values change, cultural norms change, and incomes change.

Today, Baby Boomers are a substantial portion of the American population. An older married couple has likely amassed substantial assets. One or both spouses may have retired. Their children are grown and the couple may be “empty nesters.” Statistically, people are living longer as well, so the prospect of remaining in an unsatisfactory marriage may be a call to action for some spouses. And there is also the infidelity factor, which can affect or destroy a marriage at any point, whatever the spouses’ ages. Gray divorce can also be a result of other sociological, demographic, and economic factors, all of which may contribute to older couples choosing to divorce.

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William J. (Bill) Wall

Business attorney focused on litigation, insolvency and Blockchain technology. (The information on this page is attorney advertising)

9 年

gray divorce may be interesting, but gay divorce is a better growth field for family law attorneys

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Eve Brackmann

Attorney; Partner at Munck Wilson Mandala, LLP; Trial Lawyer and Appeals; Litigating Business Disputes and Specializing in Real Estate; Director at Large, Founder of PEN (People Empowerment Network)

9 年

The "infidelity factor?" Your discussion is interesting but should touch on the importance of a prenup.

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