Gray Divorce: Amicable Terms for Your Finances

You and your spouse have made the decision to get a divorce after a lengthy marriage. Whatever your age, divorce can cause a great deal of emotional and financial upheaval. But a "gray divorce" may present a unique set of financial challenges compared with those of your younger counterparts. You have likely accumulated more assets -- and, likely, more complicated assets -- to divide and have less time to recover financially before retirement. In fact, you or your spouse may have even retired already.

As a couple, you have created goals together, but after this major life transition,