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Democracy Dies in Darkness
BusinessPersonal Finance Economy Economic Policy Work Technology Business of
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BusinessPersonal Finance Economy Economic Policy Work Technology Business of
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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.


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