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Benzinga
Benzinga
Business
Madison Troyer

The Impact Of 'Grey Divorce': 40% Of Americans Say Later-In-Life Splits Derailed Their Retirement Plans

Divorce Allianz Allianz Life Kelly LaVigne Insurance
Ramsey Urges Couples to Talk Money Weekly

This "grey divorce" trend has far-reaching implications, including impacts on retirement plans, a new survey by Allianz Life Insurance Company finds. 

Divorce rates among middle-aged and older Americans are on the rise, according to a 2022 academic study. The study, published in "The Journals of Gerontology," found that between 1970 and 2019, the "grey divorce" rate more than doubled among those 50 and up, from five divorcing persons per 1,000 to ten divorcing persons per 1,000.

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