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What drives the increase in gray divorce?

On Behalf of | Apr 15, 2022 | Divorce |

By 2030, the rate of gray divorce in the United States is going to triple when compared to 1990. It has already doubled.

This staggering increase represents the biggest growth in divorce rates for any age bracket. It generally refers to those who are at least 50 years old. But why is it that this age group is getting divorced more often?

Women have greater independence

One reason is simply that women have achieved a higher level of financial independence as they have entered the workforce. Many of them may have felt obligated to stay married in the past, even if they didn’t want to, but they now have the freedom to seek a divorce.

There’s a focus on happiness

Additionally, culture has shifted so that people often focus on their own happiness and well-being. They are more interested in what they can do to create the life they want than what others may expect of them. Previous generations may have stayed married because it was expected, but people now are willing to seek a divorce if it makes them happier.

They’re living longer

Finally, it’s just a simple fact that life expectancy has been increasing over the decades. People are now living longer than they used to, and that means marriages also have to last longer. Naturally, this leads to more divorce as some of these marriages don’t make it.

If you’re getting divorced and you’re in this age group, be warned that it can be complicated, especially financially. You must know exactly what options you have.