Although the divorce rates in the United States are levelling off, divorce among baby boomers is on the rise. According to the Bowling Green National Center for Family and Marriage Research, baby boomer divorces more than doubled between 1990 and 2010. For many older women, however, this is not necessarily a happy ending as their golden years are supposed to be kicking in and many of these individuals are entering retirement at record rates. This presents unique challenges for older women.
Looking at survey data of approximately 56,000 women, Mathematica Policy Research identified that those women who divorced at later ages were more likely to be working full time between the ages of 50 and 74. A 10-year increase in a woman's age at the time of her divorce is also linked to a 3 percentage point increase in the propensity for that female to work full time when it occurs between the ages of 50 and 74.
This means that going through a divorce has long term consequences for an older woman's work, marital and retirement decisions beyond the impact of her past divorce on her current marital status. Women are also more likely to take career breaks in order to assist with other family members making it more challenging for them to rejoin the labor market and depress their earnings when they return. All of these facts make it all the more important to hire an experienced California divorce attorney when going through a divorce. Older women have many unique concerns that need to be addressed by a dedicated and committed attorney.