March 3, 2012
Divorce Rate Among Baby Boomers
From the New York Times:
Over the past 20 years, the divorce rate among baby boomers has surged by more than 50 percent, even as divorce rates over all have stabilized nationally. At the same time, more adults are remaining single. The shift is changing the traditional portrait of older Americans: About a third of adults ages 46 through 64 were divorced, separated or had never been married in 2010, compared with 13 percent in 1970, according to an analysis of recently released census data conducted by demographers at Bowling Green State University, in Ohio.
The elderly, who have traditionally relied on spouses for their care, will increasingly struggle to fend for themselves. And federal and local governments will have to shoulder much of the cost of their care. Unmarried baby boomers are five times more likely to live in poverty than their married counterparts, statistics show. They are also three times as likely to receive food stamps, public assistance or disability payments.
Read more here.
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It seems surprising to me that so many Baby Boomers get a divorce so close to retirement age and after many years of marriage to their first love. You would think after working so hard to save money to retire on they would want to spend their golden years together - watching their kids and grand kids grow up.
Posted by: Jarl Kubat | Mar 3, 2012 1:27:45 PM
I look at it the other way. Maybe they stayed married too long to the wrong person they should never have married, but waited til their kids were out of school. Then realized they wanted to love and live a little before they died. Just a possibility
Posted by: Bronte | Mar 28, 2012 11:00:37 AM