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Submission: On September 11 via api from BE — Scanned from CA
Submission: On September 11 via api from BE — Scanned from CA
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Accessibility statementSkip to main content Democracy Dies in Darkness SubscribeSign in Democracy Dies in Darkness BusinessPersonal Finance Economy Economic Policy Work Technology Business of Climate BusinessPersonal Finance Economy Economic Policy Work Technology Business of Climate A ‘GRAY DIVORCE’ CAN UPEND YOUR RETIREMENT PLANS Who keeps the house? Or pays the credit card bill? You need a financial exit strategy for a breakup at any age. 5 min 68 (Washington Post illustration; iStock) Column by Michelle Singletary September 11, 2024 at 7:00 a.m. EDT I used to wonder how a couple could be married for decades and then decide to divorce as they approached retirement. Aside from the emotional toll, there’s the financial impact of splitting the money they set aside for their golden years. If you have a personal finance question for Washington Post columnist Michelle Singletary, please call 1-855-ASK-POST (1-855-275-7678) In 1990, people 50 and older accounted for 8 percent of marital splits — a phenomenon known as “gray divorce.” Today, it’s nearly 40 percent, according to Bowling Green State University’s National Center for Family and Marriage Research. Share 68 Comments NewsletterWednesdays The Color of Money Advice on how to save, spend and talk about your money for the short and long term from Michelle Singletary. Sign up Recommended for you Recommended by Subscribe to comment and get the full experience. Choose your plan → Advertisement Advertisement Advertisement Company About The Post Newsroom Policies & Standards Diversity & Inclusion Careers Media & Community Relations WP Creative Group Accessibility Statement Sitemap Get The Post Become a Subscriber Gift Subscriptions Mobile & Apps Newsletters & Alerts Washington Post Live Reprints & Permissions Post Store Books & E-Books Today’s Paper Public Notices Contact Us Contact the Newsroom Contact Customer Care Contact the Opinions Team Advertise Licensing & Syndication Request a Correction Send a News Tip Report a Vulnerability Terms of Use Digital Products Terms of Sale Print Products Terms of Sale Terms of Service Privacy Policy Cookie Settings Submissions & Discussion Policy RSS Terms of Service Ad Choices washingtonpost.com © 1996-2024 The Washington Post * washingtonpost.com * © 1996-2024 The Washington Post * About The Post * Contact the Newsroom * Contact Customer Care * Request a Correction * Send a News Tip * Report a Vulnerability * Download the Washington Post App * Policies & Standards * Terms of Service * Privacy Policy * Cookie Settings * Print Products Terms of Sale * Digital Products Terms of Sale * Submissions & Discussion Policy * Sitemap * RSS Terms of Service * Ad Choices 5.25.1 Already a subscriber? Sign in LIMITED TIME OFFER SUBSCRIBE AND SAVE UP TO 70%. SWITCH ON. Subscribe for unlimited access to unmatched reporting. You can cancel anytime. MONTHLY CA50¢ every week for the first year billed as CA$2 every 4 weeks YEARLY CA$100 CA$30 for the first year * Unlimited access on the web and in our apps * 24/7 live news updates Add your email address By creating your account, you agree to The Washington Post's Terms of Service and Privacy Policy. The Washington Post may use my email address to provide me occasional special offers via email and through other platforms. I can opt out at any time. Card View more offers