Gray Divorce Quadrupled Since 1990 – Nearly Half of Divorcees Say It Derailed Their Retirement

Gray divorce is reshaping retirement for many households, often increasing costs and disrupting long-term plans when shared finances suddenly split into separate paths – Shutterstock

Gray divorce has quietly reshaped retirement across the country, and the numbers tell a striking story. Since 1990, divorce among adults 65 and older has quadrupled, and nearly half of divorcees report that the split derailed their retirement plans. That shift does not just affect relationships, it reshapes budgets, housing decisions, and long-term financial security in ways many people never anticipate.

“No one wants to prepare for a divorce,” said the VP of consumer insights at Allianz Life, Kelly LaVigne. “But divorce later in life – especially after retiring – is increasingly common. If you have been planning for retirement as a couple, then splitting up your assets to fund separate retirements can leave you short of achieving your retirement goals.”