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This is why baby boomers are divorcing at a stunning rate
Market Watch ^ | 08/19/2017 | Angela Moore

Posted on 09/06/2017 7:15:26 PM PDT by BJ1

Looking ahead to the next phase of life can seem pretty dreadful if you can’t stand the person who you’ll be spending it with.

That may be what some boomers are facing. Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according to a recent Pew Research Center report.

Statistically speaking we’re healthier and probably going to be living a lot longer — possibly 30 years longer — than average retirees once did. The surge in late-in-life — or “gray” — divorce is one possibly unintended consequence of this so-called longevity bonus.

Read: Why your retirement may not be so horrible after all

“What’s pushing gray divorce is people are living longer and they feel more entitled to living fully. They’ve contributed to raising children, they want an emotional journey, it’s their time now,” says Lili Vasileff, a certified financial planner and president of Divorce and Money Matters, which specializes in divorce financial planning. “They may have (decades) ahead and don’t want to be unhappy anymore.”

This is combined with a reduced stigma of divorce, both in terms of religion and society’s attitudes. People also feel more financially stable — especially if both partners have careers. But there are some serious downsides to divorce at this stage of life.

“Gray divorcees tend to be less financially secure than married and widowed adults, particularly among women,” Pew says. “And living alone at older ages can be detrimental to one’s financial comfort and, for men, their satisfaction with their social lives.”

(Excerpt) Read more at marketwatch.com ...


TOPICS: Society
KEYWORDS: babyboomers; divorce; fakepolsters
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Our culture has even destroyed marriage for the elderly. Per the article “What’s pushing gray divorce is people are living longer and they feel more entitled to living fully. They’ve contributed to raising children, they want an emotional journey, it’s their time now,”

Okay, it's you time now, you seniors. Go screw over your spouse and be free.

1 posted on 09/06/2017 7:15:26 PM PDT by BJ1
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To: BJ1

The term “living fully” is a bit on the idiotic side.


2 posted on 09/06/2017 7:17:51 PM PDT by reasonisfaith ("...because they received not the love of the truth, that they might be saved." (2 Thessalonians))
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To: BJ1

You can always go to The Villages and fornicate in your old age. Our society is adrift and will crash on the rocks.


3 posted on 09/06/2017 7:18:48 PM PDT by txrefugee (.)
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To: reasonisfaith

I’m into living three quarterly !


4 posted on 09/06/2017 7:19:16 PM PDT by LYDIAONTARIO
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To: reasonisfaith

That is, its use is never accompanied by clear thinking about what it could mean.


5 posted on 09/06/2017 7:19:19 PM PDT by reasonisfaith ("...because they received not the love of the truth, that they might be saved." (2 Thessalonians))
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To: BJ1

I’m so lucky to have a woman with whom I want to spend the rest of my days. She loves me and cares for me like I can’t even imagine. We just went through prostate cancer together, and I truly couldn’t have done it without her. She’s the best.


6 posted on 09/06/2017 7:21:17 PM PDT by Hat-Trick (Do you trust a government that cannot trust you with guns?)
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To: BJ1

When did staying married out of spite go out of style? Sheesh.


7 posted on 09/06/2017 7:21:28 PM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
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To: BJ1

the men remarry usually within a couple of years and their second partner usually can’t hold a candle to the one they got rid of.


8 posted on 09/06/2017 7:21:41 PM PDT by McGavin999 ("The press is impotent when it abandons itself to falsehood."Thomas Jefferson)
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To: txrefugee

You have painted a mental of pic of prune textured skin with liver spots in my mind.


9 posted on 09/06/2017 7:21:48 PM PDT by BJ1
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To: BJ1
One thing they are overlooking is that SS will give you a income increase if you divorce.

When you start to draw SS as a couple one of you gets 100% and the other gets 50%. If you divorce you get 100% for both of you.

10 posted on 09/06/2017 7:22:51 PM PDT by Harmless Teddy Bear (Not a Romantic, not a hero worshiper and stop trying to tug my heartstrings. It tickles! (pink bow))
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To: McGavin999

Actually the few I know all fared far better the second time around. Some people like to stay miserable I guess. These guys are happy as clams.


11 posted on 09/06/2017 7:24:33 PM PDT by wyowolf (Be ware when the preachers take over the Republican party...)
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To: Harmless Teddy Bear

you’re telling me a man and woman get more in social security divorced than if they stay together?


12 posted on 09/06/2017 7:25:20 PM PDT by BJ1
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To: BJ1

Is it an end-life crisis? The trigger from my mid-life crisis hit when I was forty. I asked myself, do I want to live the rest of my life like this? Ultimately, the answer was ‘no.’ Apparently it is a trigger for the elderly, too. The disruption of life at that age and with decades of habits having been formed that will be broken, has to be way more stressful than at mid-life, though. Plus, at advanced age with its concomitant cardiac health concerns, it’s probably better to go quietly into that good night.


13 posted on 09/06/2017 7:26:06 PM PDT by sparklite2 (I'm less interested in the rights I have than the liberties I can take.)
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To: reasonisfaith

All I can say is, “I’m dancing as fast as I can.”


14 posted on 09/06/2017 7:27:03 PM PDT by sparklite2 (I'm less interested in the rights I have than the liberties I can take.)
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To: BJ1

A couple in their upper 90s walks into a lawyer’s office and says they want to get divorced. The attorney says I dont understand. You’ve been married for more than 75 years. Why did you wait so long? The wife answered, we were waiting for the kids to die.


15 posted on 09/06/2017 7:28:06 PM PDT by Wilderness Conservative (Nature is the ultimate conservative.)
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To: BJ1

Whatever became of love?


16 posted on 09/06/2017 7:29:42 PM PDT by rockinqsranch (Dems, Libs, Socialists Call 'em what you will, they all have fairies livin' in their trees.)
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To: reasonisfaith

“The term “living fully” is a bit on the idiotic side.”

Very true, and said very simply and eloquently. No matter what life brings your way, nothing brings fulfillment to life like sharing love, and being surrounded by people you love and who love you.


17 posted on 09/06/2017 7:31:49 PM PDT by neverevergiveup
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To: Harmless Teddy Bear
When you start to draw SS as a couple one of you gets 100% and the other gets 50%. If you divorce you get 100% for both of you.

Please explain.

18 posted on 09/06/2017 7:32:53 PM PDT by Aria (i)
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To: Harmless Teddy Bear

I don’t know about that one. Could it be for a spouse that never worked?


19 posted on 09/06/2017 7:34:30 PM PDT by Karl Spooner
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To: BJ1
Yep.

Divorce and live together and you will end up better off financially.

Talk about a "marriage penalty"!

And if you are widowed and decide to remarry you get all sorts of horrible penalties as well.

Lots of widows are choosing to have a "church wedding" and not make it legal as the financial loss would make it impossible for them to afford assisted living.

20 posted on 09/06/2017 7:36:21 PM PDT by Harmless Teddy Bear (Not a Romantic, not a hero worshiper and stop trying to tug my heartstrings. It tickles! (pink bow))
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