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“Many later-life divorcees have grown unsatisfied with their marriages over the years and are seeking opportunities to pursue their own interests and independence for the remaining years of their lives,” Pew said.Regardless of the reason, when it comes to a legal separation later in life, the soon-to-be or newly divorced should prepare themselves: Understand your finances One of the most challenging aspects of getting divorced after a long marriage is sifting through the finances, Covy said.The assumption that couples married for two or three decades will follow through with the “til death do us part” portion of their vows is dead.These days, it’s more likely to see older couples divorcing than it was years ago.Sue Gross, wife of money manager and Pacific Investment Management Co (Pimco) co-founder Bill Gross, recently filed for divorce after 31 years of marriage.Other high-profile figures who divorced decades after tying the knot include actors Danny De Vito and Rhea Perlman, after 30 years of marriage; Al and Tipper Gore, after 40 years of marriage; and Morgan Freeman and Myrna Colley-Lee, after 24 years of marriage.
“You can make proactive decisions and make a realistic spending plan so that you end up in a situation you will be happy with.” See: My wife is divorcing me after 21 years — and wants everything in our savings account Find a comfortable living arrangement It could be hard to detach yourself from the marital home, especially if it’s the home where you raised your children, but in some cases, it just doesn’t work to keep it.
The country has one of the lowest birth rates in the world, with just 8.4 children being born per 1,000 inhabitants over the past five years.
Its population of 127 million people is predicted to decrease to 87 million by 2060.
Money that used to support one household will have to stretch to two, and if you’re already retired, you may be stuck to a fixed income.
Understand your finances by creating a cash flow or budget statement and clearly identifying your assets and debts, said Sacha Millstone, a financial adviser at The Millstone Evans Group of Raymond James in Boulder, Colo.
The trend has been coined "Kousai zero Nichikon": roughly translated as "marrying without dating." Japanese actress Maki Horikita married costar Koji Yamamoto in 2015 after just a month of dating.