PEACE OF MIND
Today, roughly one in four divorces involve those over 50, the trend has garnered its own nickname: “Gray divorce.” The divorce rates for this demographic have doubled in the past 30 years and tripled for those over 65, according to a study.
According to Bloomberg.com, the standard of living for women drops by some 45%, and roughly 21% for men. Given the significant decrease in income and the fact people are living longer, it’s no surprise that many folks choose to remarry.
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