Gray Divorce Isn’t Just Emotional, It’s Financially Risky

Gray Divorce Isn’t Just Emotional, It’s Financially Risky

Gray Divorce and Retirement: What the Allianz Study Means for Your Future

A new study by Allianz Life shows that one in three Americans aged 61-75 who have been divorced say it negatively affected their retirement security. And the trend of gray divorce (divorcing later in life) is only growing.
The study highlights a growing concern in family law and financial planning: the impact of divorce on retirement security. As more Americans over age 60 choose to end their marriages, the long-term consequences are becoming harder to ignore.
Keep reading for my four key findings from the study:

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Holidays Can Mean Waiting To Divorce

This holiday season, you are thinking: “Just one more time.” One more time around your mother-in-law’s nasty snide comments; one more draining day of yule-tide “merriment”; and one last New Year’s hurrah. After the confetti settles, the weight of the relationship will be too much. In fact, the stress could do you in. So you will say “never again,” and spend the next year (or more) getting divorced. And you are not alone.

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Interview: Real Simple

Divorce rates are expected to jump significantly in the second half of 2020—and that’s coming at a time when we can least afford it. Plus, how to divorce when money is tight.

Photo by Gabriela Palai on Pexels.com

I spoke with Real Simple about the rising divorce rates and difficulties that couples are experiencing divorcing during a pandemic:

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Women Worldwide Podcast: How to Navigate Separation or Divorce in Unsettled Times

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On the latest episode of Women Worldwide Podcast, Deirdre Brekenridge invited me to discuss how the Coronavirus pandemic is impacting divorce and separation.

The podcast invites women around the globe to share their incredible stories, “those who have experienced the heights of success and at times, the agony of defeat.”

With a vision to impart wisdom and advice on tackling barriers and soaring to new heights, Women Worldwide uncovers different perspectives and approaches to help listeners find their inner strength.

You can also view the interview: