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You are here: Home / Archives for senior divorce

Senior Citizens and Divorce

March 22, 2018 By Mark Lewis Leave a Comment

gray divorce

I have a good friend who says that the divorce calculator only subtracts and divides.  It does not add and multiply.  That’s not entirely true, because spouses who divorce do divide their incomes by half, but then they compensate by multiplying their monthly expenses by two. And halving income but doubling expenses is just the financial bad karma of divorce, to say nothing of the emotional wreckage it often leaves behind – loneliness, despair, and depression are common side effects. All of … [Read more...]

Filed Under: •••, Blog, Mark Lewis, Our-Featured-Authors Tagged With: Grey Divorce, senior divorce

Grey Divorce: 7 Tips to Surviving Divorce After Age 50

January 9, 2018 By Harry Munsinger, J.D., Ph.D. Leave a Comment

grey divorce

Divorce is emotionally and financially difficult no matter how long you’ve been married, but it’s especially difficult when it happens later in life.  The emotional pain of surviving divorce is great and the financial pain may be worse because you have so little time to rebuild your assets.  The grim reality is that 25% of divorces happen after fifty years of age.  If you are over fifty and facing a divorce, you need a plan.  Here are seven tips to help you survive: 1. Get Help Whether you … [Read more...]

Filed Under: •••, Blog, Harry Munsinger, Our-Featured-Authors Tagged With: divorce after 50, Grey Divorce, senior divorce

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Have you read?

Splitting Retirement Assets – Don’t Try This at Home!

Some things are meant to be shared, not divided. That statement is particularly true of retirement assets. 401(k)’s, IRAs and pension plans are notoriously difficult to split. Add in tax consequences … [Read More...]

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