Thursday, August 15, 2013

Another Shade of Gray: Gray Divorces


This ‘shade of gray’ isn’t very inspiring! A recent study announced that “Older adults (aged 50 and over), unlike the U .S. population as a whole, have faced rising divorce rates over the past 20 years.” In fact, the study suggested that rates were doubling over the decades. In 1990 fewer than 10% of those aged 50 & older got divorced; today 25% of those in this age group get divorced. This is a very significant issue because more than half the married population is now over 50.

The divorce rate is a matter that I have written about before in my Update. Why such a focus? Because I believe that with knowledge and tools, people can make conscious decisions about their marriages rather than waking up one day and saying “I have had enough!”. Maintaining intimacy and friendship in marriage over time IS possible – if you know how to work it.  

If you are in a struggling relationship and are in the Gray group (even though you may not look it), you may be wondering whether you should start focusing and preparing for the financial and emotional impact of separation and divorce. As complicated as family break up is when there are young children and teens in the home, divorce is still quite complicated as you get older. There will now be less time left for you to financially and emotionally recover and you may even be less flexible and able to do so. 

Unfortunately, re-marriage divorce rates are 2.5 times higher than those of first marriages. Not because there isn’t enough love between people but because life is more complicated even with grown children. Adding grandchildren, financial planning, and other challenges into a brand new relationship wears away at the fragile bond of new love.