Seniors in Pennsylvania who are considering divorce might be doing so after being married for decades. Such a situation can present some unique problems to divorcees. For example, it may be necessary for a senior divorcee to re-enter the job force even if they have been retired for a number of years.
A person may need to work because of the financial changes that divorce brings. Maintaining a household alone can be costly. Therefore, one of the first things a senior facing divorce should do is look at their finances realistically. It might be necessary to sell the family home because neither spouse may be able to maintain it on their own. There is an increasing trend of older people who are single choosing to share a home, and this may be one option for a divorced senior. Regardless of what decision is made, remaining flexible is key.
Research shows that divorce among older people has been on the rise for decades. In 2014, people older than 50 were twice as likely to divorce as their counterparts in 1990. The over-65 age group has seen an even larger surge in divorce rates.
Division of marital assets in a divorce after so many years can be complex. For people who have not worked outside the home, securing retirement accounts might be a particular concern. However, these people may be able to claim part of a spouse’s Social Security benefits. An attorney may be able to further advise a person about what they might expect financially during and after the divorce.