Sunday, October 6, 2013
From EIN News Desk:
The media is chock-full of news about the increasing rate of divorce among baby boomers, senior citizens and even the elderly. This means that certain legal and practical issues are receiving more attention in divorce settlement negotiations and trials. Facing an unexpected future as a single person looks different at 55, 65 or even 75, than it would have at 35.
A major study out of Ohio's Bowling Green State University looked at U.S. Census data from 1990 to 2008 to learn just what has been going on with so-called "gray divorce" across the country. Some of the researchers' main findings are startling:
- From 1990 to 2008, the divorce rate for people at least 50 years old has more than doubled.
- In 2008, more than 600,000 people in the U.S. at least 50 years old got divorced.
- In 2008, more than one-quarter of people divorcing were at least 50 years old; in 1990, the fraction of divorcing people at least 50 years old was less than one-tenth of the total number of divorcing people.
For the full text of the article, click here.