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Kiplinger
Kiplinger
Business
Evan T. Beach, CFP®, AWMA®

What to Expect in a Gray Divorce (and Three Steps to Prepare)

An older couple have an intense conversation over dinner.

In March 2019, I received a call from John, a longtime client. He was calling to tell me that after 30 years, he and Maureen were getting divorced. The “gray divorce revolution” refers to the more than doubling of the rate of divorce among couples over age 50 since 1990. Because we work with retirees, we have seen this trend firsthand.

What comes next is typically stress, financial shock and, finally, happiness. The bright spot to this article is that I have never met someone who actually regretted the divorce after the dust had settled. Perhaps that’s because of the increase in animosity they endured, but that’s a topic for another day...

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