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The aftermath of Gray Divorce

June 30th, 2022

What is a Gray Divorce? 

Generally speaking, a gray divorce occurs when a spouse over 50 is divorced with a child of the Baby Boom generation.   

The divorce rate among people 50 and older has nearly doubled in the past 20 years, according to research by Bowling Green State University.   Trends in divorce and remarriage have contributed to the increasing diversity of family types. The divorce rate for U.S. adults ages 50 and older has roughly doubled since the 1990s. At the same time, divorce has become less common for younger adults who are delaying marriage until later in life. In 2015, for every 1,000 married adults ages 50 and older, 10 had divorced. 


Gray Divorce and life after

Factors of the Gray Divorce. 

When you reach your golden years, relationships may be more than a bit worse for wear. During this time of life, certain factors can exacerbate the weak spots exponentially.   

After raising kids for most of your marriage, youve now found yourself without the kids to focus on. You are left with only your husband or wife. When their children become adults or go off to college and leave them empty nesters, the couple decides to begin divorce proceedings. 

Changing lifestyles can negatively impact a marriage when one or both spouses retire. Many retired couples find that their increased time together is not a source of happiness, or that their personal interests in retirement are incompatible.  

Maybe one spouse is having a Midlife crisis or is longing for the desire for something new.


Divorcing later in life presents some unique challenges, particularly those related to finances and dividing marital assets.  For wealthy individuals like Bill and Melinda Gates, its not so much money as its legacy and, perhaps, the businesses, brands, or institutions they have built together.

Friendship bonds with family and friends can be hard to Maintenace, everyone knew you as a couple and now you will be apart. How will those future events be handled? 

Making a clean start might be easier.

Several factors may make divorce easier later in life. Depending on the couples situation, from the children to the financial situation, to the work theyve already put in to get through tough patches in the past, a clean break can be less difficult.

Divorce can be easier later in life than when you have young children and are right in the thick of it. You may be judged more by your parents, by your kids, and you may feel stuck when youre in your 30s and 40s. However, by the end of your 50s, 60s, and beyond, you wont have to apologize to anyone for your decisions, and most people will accept that. This can be quite advantageous for you to make the decision you have been wanting. 

But it does not mean that divorcing this late in the game, wont have any downsides. 

You need to build a smart team of people around you to help you make informed decisions all along the way because there are lots of areas in divorce.  Who are the 5 People that can support you need when you are going through a divorce?  Each person can provide invaluable support. 

Financially Divorce could be tricky 

Divorce at this stage of life can also have some downsides. Gray divorcees tend to be less financially secure than married and widowed adults, particularly among women. And living alone at older ages can be detrimental to one’s financial comfort and, for men, their satisfaction with their social lives. 

Others, however, find it extremely difficult to separate finances after 15+ years of marriage, especially if both spouses worked outside the home or only one spouse handled the finances. 

Join our Divorce Workshop our speakers will cover all topics around Divorce from Lawyers to Top Real estate agents, who have helped 100s of divorcing Clients.    

The House 

If you are planning on keeping the home after divorce, The value of the home will come into planning when you are dividing up assets. The value of the home and what you decided to do with the home will matter. 

 The spouses need to consider several options when deciding what to do with the family house once it has been determined who will keep it.  

 So, if you are just needing the value for your home, we at The Gifford Group can provide you with our unique CMA & EIA, Comparative Market Analysis, and Equitable Interest Audit and can also help you get pre-approved to buy out your spouse.  

If you are thinking about how much money you will walk away from either a sale, cash-out refinance, or a buyout, you can use the Divorce Buyout Calculator to learn how much equity each offers.  

Who Gets the House in a Divorce in Texas? Are you going to sell and split the profits, buy out your spouse, or have a delayed buyout?    

Read the full blog at

We cover, Health insurance, Life Insurance, Retirement Accounts, and more on the information you need on house! 

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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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