People often assume that a marriage that’s lasted decades will continue to thrive, but this isn’t always the case. Divorces after decades of marriage have become so common that they’ve earned the title of “grey divorce.”
The effects of grey divorce extend beyond just the people who are getting divorced. Their children, even if they’re adults, will also have to deal with the end of their parents’ marriage. It likely won’t affect their lives as much as it would if they were younger, but parental divorce can be tough at any age.
Some amount of grief is common
Even if you and your spouse mutually make the decision to divorce, you’ll likely grieve some. This might not be because of the end of the marriage, but rather the loss of future possibilities, like growing old and retiring together. Others may miss long-held family traditions like being together on holidays.
Financial challenges
Another challenge of grey divorce is the financial impact. Having to support two households can make things much tighter financially for both parties — especially if they’re retired or nearing retirement. It’s important to note that financial security isn’t a reason to remain in a toxic marriage, regardless of how long you’ve been married.
Anyone who’s going through a grey divorce should be prepared for the challenges that come with it. While you might not have to worry about child custody, you do have to think about property division, including the division of retirement accounts, and potentially spousal support. Having experienced legal guidance can help you get the settlement you’re seeking.