Grey Divorce

It’s a thing. Boomers are getting divorced in large numbers. Sixteen million people aged 65 and older in the U.S. lived solo in 2022. That’s 3 times the number who did so in the 1960’s.

Remember when Tipper left Al Gore in 2010. We were shocked –– kind of. They had been married for 40 years. Bill and Melinda Gates? Justin and Sophie Trudeau? Yep, that’s a clear pattern. And it’s not some celebrity thing. Divorce rates for persons over 50 doubled between 1990 and 2010. Currently, one third of all divorces are people over 50.

The covid pandemic may have had some bearing as couples discovered they had different perspectives on vaccines, masking, and the politics of it all in general. Then there’s also unfaithfulness and other transgressions that can send a marriage south. The fact remains that these so called “silver splitters” just get to a place where they want to live apart, to fulfill their own goals untethered by a loveless union.

For many boomers, the option of remaining with a partner in a loveless or unhappy union represents a waste of what they hoped would be some of the best years of their lives. Many of these boomers are remaining single rather than jumping into new relationships and marriage. About 50 per cent remain alone several years after ending their marriages.

The number of single-person households headed by people over 75 is shooting up fast, and expected to number 14 million by 2038. Since most of these boomers show no interest in repartnering, there could be a real crisis in eldercare looming ahead. More often than not, the silver splitters are also splitting their nest eggs, cutting their savings by half. That can add significant pressure on their lifestyle and financial stability.

Not surprisingly, loneliness looms as one of the greatest disadvantages to living alone. Double duh!! Even if the financial situation is relatively stable, boomers going solo report that even when they make numerous social connections and build community involvement, it does not buffer them from a high degree of loneliness.

The trend is clearly going to continue but mental health experts, as well as financial planners, warn that the downsides can outweigh the upsides.

If you've contemplated splitting, you might want to heed the words/song by Eric Idle: Always Look on the Bright Side of Life.

Jay Harrison is a writer and creative consultant for DesignConcept. You can also visit his author page here. His newest mystery novel, Rio Puerco Demise is available on Amazon. His first mystery novel, Head Above Water, is also available on Amazon. But that's not all – you can also purchase the Best of BoomSpeak on Amazon.