You and your spouse have been together for many years, but you’ve found that you simply aren’t interested in the same kind of lifestyle anymore. You want to continue being active and to travel around the world. You are using your retirement as a time when you can explore the things you want to do without having to worry about working.
Your spouse, on the other hand, is completely comfortable staying home and watching TV. They’re happy gardening or lounging outside, which is too inactive for you. Despite discussions about these differences, you haven’t been able to come up with a solution, which leads you to this question: “Is it time to get a divorce?”
As an older person, you may think that you’re too old to get a divorce, but there are no age limits that apply. You are able to divorce at any age and at any time when you feel your marriage no longer benefits you.
What do you need to keep in mind as an older person going through divorce?
If you choose to divorce, you may have a more complex case because of your age. You need to think about your retirement and benefits, the value of your property and if you’ll be able to continue living the way you’d like if you get a divorce. Some older people decide on legal separations instead, which may help you retain your health insurance or keep your assets balanced. Others find that a divorce is appropriate for them and that they don’t have to significant change their lifestyle if they go through with one.
It’s valuable for you to look at your budget as well as the assets that you share with your spouse to determine if it’s reasonable to divorce. If you’re still younger and have the time to boost your retirement or savings by working part time for a few years, for example, you may agree to divorce even if doing so does reduce your savings or assets.
Everyone’s divorce case is different. Get to know more about your budget, how a divorce may influence your future assets and lifestyle and if there may be other options that suit you better before you move forward with a divorce.