{"id":21006,"date":"2023-05-08T06:00:43","date_gmt":"2023-05-08T11:00:43","guid":{"rendered":"https:\/\/www.sequenceinc.com\/fraudfiles\/?p=21006"},"modified":"2023-05-08T06:21:22","modified_gmt":"2023-05-08T11:21:22","slug":"financial-issues-in-gray-divorce","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/financial-issues-in-gray-divorce\/","title":{"rendered":"Financial Issues in &#8220;Gray&#8221; Divorce"},"content":{"rendered":"<p><a href=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/02\/find-the-money.jpg\"><img decoding=\"async\" class=\"lazyload alignright wp-image-18618\" src=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/02\/find-the-money.jpg\" data-orig-src=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/02\/find-the-money.jpg\" alt=\"\" width=\"246\" height=\"246\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27246%27%20height%3D%27246%27%20viewBox%3D%270%200%20246%20246%27%3E%3Crect%20width%3D%27246%27%20height%3D%27246%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/02\/find-the-money-150x150.jpg 150w, https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/02\/find-the-money.jpg 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 246px) 100vw, 246px\" \/><\/a>Divorces between older couples who have been married a long time are sometimes referred to as &#8220;gray divorces.&#8221;\u00a0 Sources say that while divorce rates overall have been dropping in the United States over the last 20 years, among those age 50 and above, it has been growing.<\/p>\n<p>The financial part of a divorce is often difficult, but for senior citizens, it can be even more painful. Some of the reasons it can be harder for the older crowd:<\/p>\n<ul>\n<li>One spouse may have little to no financial management experience. How will he or she manage household finances going forward?<\/li>\n<li>Dividing retirement assets can be tricky. There may have been plenty of money available to retire and support one household, but two households may not be sustainable.<\/li>\n<li>One or both spouses may be past the age at which they can expect to find reasonable employment.<\/li>\n<li>Poor money choices during a long marriage may mean that there is not much to split, which can be a huge problem, especially if one spouse has no ability to obtain employment.<\/li>\n<li>The spouse in charge of the money may have hidden assets, and it could be difficult for the other spouse to uncover them.<\/li>\n<li>If one spouse has been the primary breadwinner throughout the marriage, he or she might view the retirement assets as belonging to him or her, creating a bigger fight.<\/li>\n<\/ul>\n<p>With life expectancies increasing, retirement money has to last longer. That will necessarily be harder with two households to support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Divorces between older couples who have been married a long time are sometimes referred to as &#8220;gray divorces.&#8221;\u00a0 Sources say that while divorce rates overall have been dropping in the United States over the last 20 years, among those age [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2218],"tags":[],"class_list":["post-21006","post","type-post","status-publish","format-standard","hentry","category-divorce-and-family-law"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-5sO","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=21006"}],"version-history":[{"count":2,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21006\/revisions"}],"predecessor-version":[{"id":21009,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21006\/revisions\/21009"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=21006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=21006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=21006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}