On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Wednesday, November 16, 2022.—
Divorce rates among people 50 and older are booming. This so-called “gray divorce” phenomenon (referring to people over 50 facing divorce as opposed to younger adults) is particularly on the rise for Baby Boomers. The Pew Research Center says the divorce rate has doubled since the 1990s for American adults over the age of 50, leading to significant financial implications, particularly for females.