10/19/2014 – Divorce after 50: It’s complicated, especially if retirement is near (CNBC)
Divorce rates for most age groups have leveled off, but for people age 50 and older, it’s higher than ever.
Today 1 in 4 divorces is a couple over 50 untying the knot—about double what it was 20 years ago, according to the National Center for Family and Marriage at Bowling Green State University. At 50-plus, there are more assets and possibly more debt, more retirement accounts and more estate-planning issues. What isn’t there is a lot of time. Older divorcees may not have a chance to course-correct for bad retirement-planning decisions.
Read the full article at CNBC.