Photo credit: FoxBusiness.com
Why are so many Baby Boomers divorcing? An article by Casey Dowd for the column ‘The Boomer” interviews Karen Stewart, a divorce and relationship expert, on this topic. Stewart answers questions that cover, for example, the most common reasons for splits among the age group, how Baby Boomer’s can protect their wealth and children, and if she believes the trend will continue.
When there is a lot of money in marriage, divorce is a reasonably easy financial solution because when it comes to dividing the assets, there are enough for both parties. Marriages with not a lot of money tend to be more financially strained which can lead to stress and increase the risk of divorce. The baby boomer generation is hit most by those extremes.
To read the interview in its entirety, click here.