Gray Divorce.

The only reason I would post this is because I have seen more than 5 cases in Birmingham, Alabama where a judge ordered a Reverse Mortgage as a way to settle assets in a divorce case involving people age 62 or above.

Gray Divorce on the Rise in America, Says Pew. Divorce among the 50-and-over set remains relatively uncommon according to a new survey from the Pew Research Center, but the rate of splits in that age group is rising faster than all others.

At first blush, the numbers seem shocking: Divorce rates more than doubled among Americans aged 50 and older between 1990 and 2015, and just about tripled over that span for those older than 65. The gaudy percentages, however, are the result of the small numbers at play. Out of every 1,000 married people age 50 and up, five got divorced in 1990, as opposed to 10 out of every 1,000 in 2015.

For folks older than 65, those numbers rose from about two in 1,000 back in 1990 to six in 1,000 by 2015.

Pew points the finger squarely at the aging baby boomer population, drawing parallels between their generation’s “unprecedented levels of divorce” during the 1970s and 1980s to the rising rates of “gray divorce” as they age.

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