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Baby boomer divorce rates, remarriages on the rise

The end of a marriage is rarely a happy occasion. When couples decide to divorce, it can often present emotional and financial hardships for both parties. This is especially true when couples get married at a young age, when they don't yet know what they really want for their own futures. Many baby boomers are discovering they are happier in subsequent marriages.

Texas readers may be interested to hear that divorce rates of baby boomers have doubled in the last 20 years. In 2009, nearly 30 percent of all marriages of individuals 50 or over were remarriages, a huge increase over previous years. One man, who lives with his third wife, explains that at 63 years old, he now has a better understanding of what he wants from a spouse. Things are easier now that he has a better job, a bigger home, and a wife who contributes an additional income. His wife, who is 43, is also on her second marriage.

It is common for couples to grow apart over the years, especially after the children leave the house. The empty nest can cause parents to redefine their dreams and aspirations, and sometimes spouses may realize that they have differing goals for their remaining years. At the same time, many divorced baby boomers are finding senior dating sites a helpful place to find a partner who shares their aspirations for the future.

Divorce can lead to a division of assets and a financial burden on both parties. These issues will not last forever, and they can be minimized by a proper division of assets. It's important for spouses to understand their rights and obligations when preparing to divorce, to allow for a smoother and simpler separation.

Source: Click2Houston.com, "Boomers and second marriages," Emanuella Grinberg, Dec. 5, 2012

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