Some senior citizens in Florida are part of a growing group that they probably never thought they would be in — silver divorce. A recent study by demographers at a university shows that while the divorce rate has gone down or remained consistent for some groups, in the aging “silver” population, that divorce rate has suddenly spiked. In fact, the rate of divorce per 1,000 women age 65 and older has gone up to around five times what it was in 1970.
Some are attributing this spike to one spouse suddenly deciding to divorce after the children are all out of the house. That, however, is one of the many reasons why this population might be heading to divorce court. Another plausible reason is that as a whole, this group isn’t going to deal with a lukewarm marriage. Mediocrity seemingly isn’t acceptable for them. Finally, the mainstream acceptance of divorce seems to have come into play because the stigma of divorce that was present in the past is not present now.
For some senior citizens, being married to a second or subsequent spouse is the reason for the divorce. Ex-spouses and adult children from previous marriages might place a strain on the new marriage, which could lead to divorce.
No matter what the reason for the divorce, it is important for this aging population to make sure that they are protected during the divorce. Knowing about asset division is one way that they can make sure they have the best possible settlement that will help them as they try to enjoy all life has to offer them for their remaining years.
Source: The Daily News Online, “Suddenly single: Boomers lead the way in silver divorces” Ana Veciana-Suarez, May. 05, 2014