Should your late-in-life marriage have a prenup?
MarketWatch had a recent good read on the subject of how to handle retirement assets in a ‘gray’ marriage. From the article -
“More older couples are getting divorced in their middle years or even after reaching 65 years of age. A Pew Research study shows that although the overall divorce rates have been declining, the frequency of divorces among people 50 has more than doubled. Among the 65-and-older set, the divorce rate has tripled. Some of these divorces are among people whose marriages lasted 30 or even 40 years.
The new term for a later-in-life divorce is a “gray divorce”. And many of these newly divorced people are getting married again. They are concerned about their retirement, and what happens if they get divorced again.”
The full article is here.
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