The term “grey” refers to the aging of the individuals involved, with a focus on people in their 50s, 60s, or even older. “Grey divorce” refers to the phenomenon of divorce among couples aged 50 and older. It highlights a trend where individuals in long-term marriages, often after decades of being together, decide to separate or divorce later in life.
Learn how property is divided during divorce under Ontario Family LawWhat Are the Causes of Grey Divorce?
The trend of grey divorces has been on the rise in recent years, and several factors contribute to it, including:
- Longevity and Health: People are living longer and are often healthier in their later years, leading to a desire for a new chapter in life or a change in marital status.
- Changing Attitudes Toward Marriage: Social norms around marriage and divorce have evolved. Many individuals no longer feel compelled to stay in unhappy marriages, especially as they approach retirement or have more personal freedom.
- Financial Independence: Increased financial independence, particularly for women, allows individuals to leave unsatisfactory relationships without the same financial fears that may have existed in earlier generations.
- Empty Nest Syndrome: As children grow up and leave home, some couples may realize they no longer share common ground or interests, leading to a reevaluation of their relationship.
Grey divorce can have unique challenges, including issues related to retirement savings, dividing assets, and adjusting to life as a single person after many years of marriage. However, it can also offer opportunities for personal growth and reinvention in later life.