As an older couple seeking a divorce, you may feel alone. It might seem like you are among the only people in your age group deciding that a split is the right choice. In reality, though, grey divorce is on the rise and has been for years.
A grey divorce involves any couple over the age of 50. As an older couple, you face hurdles that younger ones do not. But you also stand to reap some benefits, too.
Why is grey divorce on the rise?
Forbes looks at grey divorce, including its continued upward climb in commonality and overall implications. First, experts speculate grey divorce is on the rise for several reasons. Quality of life and overall length of individual lifespan continues to grow and improve every year. Because of that, 50 is no longer considered “old” by many. It is certainly not too old for a fresh start in life, and many dissatisfied couples are taking advantage of that.
Next, the social stigma around divorce has decreased significantly over the years. This makes it much easier for couples to split up without fear of social isolation. Many who feared ostracization before no longer hold such concerns.
What hurdles do you face?
As for hurdles, you will likely face more financial difficulties than a younger couple. After all, you had more time to establish joint assets. This can make the process of detangling them much harder and longer. It is also often harder for older couples to readjust to single life after marriage. This is particularly true if you have spent decades with a partner.
But many older divorced couples also end up happily remarried. Even without marriage in the future, they enjoy a new lease on life without a marriage that no longer works for them. If you are considering a divorce, you may want to speak to a legal expert. They can help you determine the best course of action.