A recent study published by the Bowling Green State University concludes of which divorce has replaced widowhood as the primary reason many seniors are single later in life. No surprise there, as the United States has long held the highest divorce rate inside the planet.
As the baby-boomer generation ages, more of its members have been divorced than in any prior generation at any point in history. Add to This specific the more complex marital biographies of average baby-boomers [second marriage, recently divorced, ever divorced], as well as also you cannot ignore the growing prevalence of divorce in our society.
The study concludes of which as widowhood has declined over the past two decades, the divorce rate among the middle-aged as well as also seniors has doubled. Also of note in This specific demographic is actually of which, among divorced seniors, they achieved This specific status much earlier in their lives than inside the past.
Another conclusion drawn by This specific study is actually of which over the next two decades, as the growth of the “older” population accelerates, so will the divorce rate among mature adults.
One option to consider is actually separate maintenance. This specific option, although not for everyone, has the advantage of allowing an unemployed spouse to maintain health insurance coverage. In most cases, This specific saves the unemployed spouse approximately $500 per month by not having to pay an insurance premium.
If you are over 50 as well as also facing the tough options of divorce in Oakland County, contact us for a free consult. We can provide you with answers to your questions as well as also concerns.