While the rate of divorce for the general population was relatively flat between 1990 and 2010, the divorce rate for couples age 50 and over doubled during that span.
Why?
As Daniel R. Burns writes in this excellent blog posting, part of the reason is that older couples often have more financial resources to fall back on. Also, women in the workforce who have their own retirement accounts and salary which makes them less dependent on their spouses for support. Even those who do not have their own retirement accounts or pensions are usually entitled, by state law, to share in the accounts owned by their spouses. And, if a marriage has lasted at least 10 years, the non-working spouse is entitled to receive 50% of his or her spouse’s Social Security benefit.
If you or someone you know could benefit from assistance in decision making during a divorce, contact Falmouth Mediation at 508-566-4159 for a free, no-obligation, private, confidential consultation. We will be happy to discuss the key details of your situation, address any concerns, and help you decide if divorce mediation would be beneficial.
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