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We just covered one surprising topic in the world of divorce—the fact that rates are declining. According to a New York Times piece just released, the myth that 50 percent of marriages end in divorce isn’t holding true—at least not for people who got married in the 2000s.
But what about the rest of married couples—those people who have been married for decades.
Their statistics may not be as rosy in terms of divorce rate—with their uncoupling often referred to as the mid-life divorce.
Here are some interesting facts about mid-life divorce and specifically how it can impact finances.
While it can be costly to weather a mid-life divorce, most people would certainly say that being able to live their lives on their terms and in pursuit of their own sense of happiness at this point in their lives make it worth it, but you can make your own path separate from your former spouse without completely wrecking your finances.
Here are some mid-life divorce tips:
While divorcing during your mid-life may be costly and have some setbacks, it can ultimately lead to a better overall quality of life.
If you’re considering a mid-life divorce, or a divorce at any point in your life, it’s important to discuss your options with an experienced divorce attorney in Rhode Island and begin planning and strategizing how you can make it work not only in emotional terms, but also in terms of logistics and finances.
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