Divorce After 50

Divorce isn't just the end of a marriage; it's often the start of a new chapter fraught with emotional upheaval and financial uncertainty. Sadly, the statistics paint a particularly stark picture for women. According to a recent report from the American Academy for Certified Financial Litigators, the financial aftermath of divorce tends to hit women much harder than men. While men's household income might dip by 23% post-divorce past the age of 50, women face a staggering 41% drop. When you factor in that women typically outlive men by about five years, the impact becomes even more profound, stretching that diminished income over more years. But it's not just the immediate aftermath that's concerning. Children of divorce often carry a financial stigma into adulthood, potentially impacting their lifetime earnings by a whopping 46%. Preparing for such eventualities is paramount, as marriage rates are declining and divorce rates are steady. Ilene's new webinar series, "Women and Divorce," comes here. In this comprehensive course, "Divorce After 50," Ilene explores women's unique financial challenges during a Gray Divorce. As individuals over 50 navigate this life change, they encounter potential financial hardships with lasting effects. Preparation and knowledge are essential to help maintain financial stability during this critical time. Gain valuable insights to support your clients through this vulnerable phase better. Major Topics Covered: Three post-divorce challenges Over 50 Gray Divorce Maintaining Financial Stability Emotional Distress and Social Isolation Led by Ilene Slatko, a seasoned speaker and entrepreneur with over 30 years in the financial industry, this webinar series is designed to be a beacon of support in uncertain times. Whether you're a financial advisor, lawyer, or accountant, this course equips you with the expertise to ally for your clients when they need it most. Because when it comes to divorce, preparation isn't just crucial—it's everything.