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Posts tagged "Baby Boom Generation"

Live long and divorce: 1 in 4 marriages fail for over 50 crowd p2

We are continuing our discussion from our last post about the increasing number of divorces among Americans 50-years-old and older. A later-in-life divorce poses certain challenges, especially with retirement planning. And, unfortunately, the trend away from spousal maintenance in Illinois and elsewhere can mean a dramatic change in circumstances for women who spent part or all of their marriages at home.

Live long and divorce: 1 in 4 marriages fail for over 50 crowd

It is no secret that the Baby Boom generation is nearing retirement. It is no secret, either, that the divorce rate among Americans age 50 and over is on the rise. Between 1990 and 2010, the divorce rate doubled for that population; one in four Boomer marriages failed. Welcome to the phenomenon known as "gray divorce."

With age comes wisdom -- and divorce?

The first of the baby boom generation are turning 65 this year. In Illinois, boomers make up between 20 and 25 percent of the population -- about the same as the U.S. If you look around your neighborhood or your workplace, try to figure out how many boomers you know have been married to the same spouse for 20 years or more. The numbers are dwindling, it seems, giving boomers a higher divorce rate than any generation in history.

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