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March 2019 Archives

How does gray divorce affect retirement plans?

There was a time when most couples married in their 20s, and if a couple separated, typically, they were still relatively young. However, over the last few decades, the trend has changed. According to research, the rate of divorce among adults aged 50 and older has more than doubled since 1990. This trend, called "gray divorce," comes with its own set of potential challenges, as the parties involved are likely preparing for retirement or already retired. Experts offer the following advice to help Texas couples in this position deal with such challenges.

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