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More seniors are choosing to divorce

On Behalf of | May 29, 2018 | Divorce

Over the past several decades, the divorce rate for Florida spouses over age 50 has continued to grow. These statistics include both couples in long-term partnerships and spouses with shorter second and third marriages. While the divorce rate for all Americans has generally stabilized in the past 20 years, the opposite has been the case for people over the age of 50. In fact, since the mid-1990s, the rate of divorce for people over 50 has doubled.

There are a number of factors that contribute to the rising separation rate among older Americans, including the simple reality that many people live longer, healthier lives than they did in the past. The term “gray divorce” is used to describe separations that take place over the age of 50, and these gray divorces represent around 25 percent of all splits that happen across the United States.

While there were only 63.5 Americans living over the age of 50 in 1990, there were 99 million by 2010. In addition, older Americans are also healthier and live longer than they did in the past. While life expectancy in 1950 was approximately 65.6 for men and 71.1 for women, it was 76.1 for men and 81.1 for women in 2016. This can also mean that more people over 50 are unwilling to accept a bad marriage, especially when serious issues like abuse, infidelity or addiction are involved.

Divorce can bring about many serious financial repercussions. This can be particularly important in gray divorces as there is less work time to make up for retirement plans. A family law attorney can work with a divorcing spouse in order to advocate for a just settlement that addresses property division, spousal support and other key issues.